Cleveland
Cleveland Office Tower Receives $100M Refi
Located in the waterfront district of the city, the 23-story Ernst & Young Office Tower features 465,000 square feet of leasable space.
CODA Management Eyes Self Storage Makeover for Vintage Ohio Property
The company plans to remodel an 88,000-square-foot building in downtown Toledo into a Class A facility. The redevelopment is slated for completion next year.
Arcapita Expands Cleveland Industrial Footprint
The global company partnered with Weston to acquire seven facilities totaling more than 650,000 square feet. Weston will be in charge of leasing and managing the portfolio.
CBRE Tapped to Sell Former Sears Stores in OH
The two assets, which encompass approximately 648,000 square feet, are located in Mentor at the Great Lakes Mall and in Middleburg Heights at Southland Shopping Center.
Zamir Equities Buys 560 KSF Cleveland Office High-Rise
In a deal facilitated by HFF, American Landmark Properties Corp. sold 1111 Superior Ave. four years after having acquired the asset half-full for $19.5 million.
JRES Names Eppele as New President & CEO
The 32-year commercial real estate veteran has been with the company since 1999 and was most recently executive vice president.
DealPoint Merrill Acquires Ohio Retail Store
The company plans to develop a $70 million mixed-use project on the site of the Richmond Town Square Mall in Richmond Heights.
Plymouth Industrial REIT Grows OH Presence
The buyer paid $27 million for a 400,000-square-foot, Class A building in Cleveland, and plans to spend a further $24.8 million on a 1.1 million-square-foot property in Cincinnati.
Lionheart Capital Subsidiary Lands 734 KSF Ohio Retail Asset
Sears, Avita Health Systems, Macy’s, JCPenney, Victoria’s Secret and Chuck E. Cheese are among the tenants of the property. The buyer retained Madison Marquette to spearhead leasing efforts going forward.
CBRE Hires Industry Veteran in Cleveland
Ken Stern brings more than 30 years of experience to his new position as first vice president. He will represent retail center owners in negotiations with restaurants.