Cleveland
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CBRE Strengthens Cleveland Retail Team
Industry veteran Jeremy Bates will serve as vice president. Previously, he was responsible for leasing Stark Development’s retail and office portfolio.
26 June 2019 14:21 -
ICP Acquires 1.4 MSF Ohio Distribution Center
Located on the outskirts of Youngstown, the asset is the fifth such facility acquired by the investor from Sears or Kmart.
17 May 2019 08:32 -
Pine Tree Affiliate Buys Suburban Cleveland Retail Asset
HFF’s Clinton Mitchell and Amy Sands brokered the sale of Streetsboro Crossing shopping center, while William Barry of Draper & Kramer arranged the financing.
08 May 2019 05:38 -
Vocon Completes Cleveland HQ Renovation
The company has been occupying the two-story building in the downtown area since 2005 but needed a larger, more flexible space to accommodate growing staff.
19 April 2019 17:47 -
Cushman & Wakefield to Lease Stark Enterprises’ 2MSF Cleveland Asset
The company will lead office leasing efforts at nuCLEus, an upcoming mixed-use development in the Gateway District. The property will encompass office, residential and retail space.
29 March 2019 13:56 -
OH Retail Development Receives $19M Construction Financing
The three-year, interest-only loan secured by Berkadia represents 73 percent loan-to-cost and was closed with 50 percent of the retail space pre-leased.
28 March 2019 12:11 -
ICP Expands Leadership Team
Bill Kern will serve as executive vice president and Andy Hill will hold the position of senior vice president of finance. Both are experienced professionals with degrees in economic and finance.
20 March 2019 11:16 -
Time Equities Buys Cleveland-Area Office Building
The company paid $7.6 million to PNC Bank—which was also a tenant in the building—in a transaction brokered by CBRE. The asset will be delivered fully vacant.
28 February 2019 16:58 -
Ohio Mixed-Use Center Gets $172M Refi
The floating-rate loan for the owners of Pinecrest in a Cleveland suburb was provided by Square Mile Capital Management LLC and replaces existing construction debt.
24 January 2019 14:25 -
Berkadia Finances Cleveland US Bank Center
The $33.2 million loan features a 10-year fixed rate and a 67 percent loan-to-value ratio and was secured on behalf of The Wolstein Group.
11 January 2019 16:55 -
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.
17 December 2018 18:01 -
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.
16 November 2018 14:56 -
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.
15 November 2018 11:38 -
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.
08 November 2018 18:12 -
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.
31 October 2018 12:25