Cincinnati
Port Authority Names Cassidy Turley To Market MidPointe Crossing
The Port of Greater Cincinnati Development Authority has started planning and site development of the $80 million MidPointe Crossing, in Cincinnati’s Bond Hill neighborhood. The developer has hired Cassidy Turley to market the mixed-use project.
Celanese Breaks Ground on $20M Expansion of Florence Facility
Celanese Corporation plans to expand its presence in Northern Kentucky. The Dallas-based company is investing $20 million to expand its manufacturing capabilities at its facility in Boone County. The expansion will help Celanese keep up with the continued customer demand for its advanced engineered materials products.
Trulia Study Ranks Ohio Cities High for Affordable Housing
Are you a middle-class American looking to buy a home? Head to the Midwestern United States and make sure you stay away from California. In a recently released study, real estate research firm Trulia took a look at the 100 largest metros in the country and listed the least and most expensive housing markets for today’s middle class.
U Square @ The Loop Takes NAA’s Best Student Housing Award
At the start of May, the National Apartment Association (NAA) announced the 2014 PARAGON award winners. This annual awards program recognizes the multifamily housing industry’s top communities, executives, employees and affiliate programs. One important Cincinnati development was among this year’s winners.
Carter, Dawson Co. Launch Work on Banks Project
The Banks project includes residential, office, hotel and retail components and is Cincinnati’s largest single, mixed-use development. After many months of delay, work has finally started, on April 28th, on Phase IIA of the project.
Cincinnati Ranked 6th Best Market for Recent College Grads by Apartments.com
Many of the students that graduate from Cincinnati colleges and universities choose to remain in the city. And, according to the seventh annual Apartments.com “Top 10 Best Cities for Recent College Graduates,” this is a wise move, because Cincinnati is number 6 on the list this year.
PBY Partners Buys Central Parke in Norwood for $34M; Port Authority Taps CBRE to Market TechSolve II Expansion
In one of Greater Cincinnati’s largest commercial real estate deals of the year, 4600 Smith Road Holdings LLC sold its Central Parke Business Park Portfolio to a group of local investors, called PBY Partners. The price of the transaction was $34 million.
Luxury Home Sales Rise in Metro Cincinnati: Comey & Shepherd
2013 has been an excellent year for luxury home sales in Greater Cincinnati and Northern Kentucky, according to Comey & Shepherd Realtors, a full service real estate agency with over 60 years of experience in the area. In its recently released annual report, the Cincinnati-based company said the luxury market has not seen such levels of performance since before 2009.
TriHealth, Select Medical Plan to Open New Rehabilitation Hospital in Evanston
TriHealth, one of the largest health systems in the region, is looking to expand and open a new hospital in the Cincinnati area. Last week, TriHealth and Select Medical, one of the largest providers of acute care in the country, announced their plans to form a partnership and build and operate a new inpatient rehabilitation hospital in Evanston.
CBRE Cincinnati’s Mike McMillan to Represent Proposed Technology Park in Oxford
A proposed 74-acre technology park next to Miami University could transform Oxford into Ohio’s Silicon Valley. Or, as Ryan Howard, a character on the popular TV show The Office, called it, a Silicon Prairie. Recently, Mike McMillan, of CBRE Cincinnati’s Data Center Solutions Group, has been selected to represent this build-to-suit project, find tenants and help get it off the ground.