The properties are 98 percent leased with an average remaining lease term of 3.5 years. Those in Akron are all on Gilchrist Road. They are: 3081, which has 129,931 sf; 3111, with 79,661 sf; 3325, with 188,846 sf; 3375, with ...
Cleveland Business Journal Plymouth Industrial REIT has acquired 10 industrial buildings totaling 2.1 million square feet in Canton, Ohio, and Akron, Ohio, for $94 million, or $44.76/sf. The portfolio previously was owned by Raith Capital Partners. The properties are 98 ...
Commercial Real Estate Direct Staff Report The $55 million CMBS loan against Rosemont Commons, a suburban Akron, Ohio, retail property, is in the process of being split in two as part of a modification. The effort was highlighted this morning ...
Cleveland Plain Dealer A venture of DeHoff Development Co. and Brokaw Development Services is planning a $38 million project in Akron, Ohio. The development, along South Main Street, would include six buildings with 120 apartment units and roughly 30,000 square ...
Crain's Cleveland Business Premier Development Partners is building a 229,000-square-foot mixed-use project in Hudson, Ohio, about 15 miles north of Akron. The four-building project, called Hudson Crossing Business Park, already is 94 percent occupied with office tenants, a children's swim ...
Commercial Real Estate Direct Staff Report The $55 million CMBS loan against Rosemont Commons, a 483,347-square-foot retail property in suburban Akron, Ohio, has transferred to special servicer C-III Asset Management as its June 10 maturity date approaches. The transfer was ...
Commercial Real Estate Direct Staff Report Kroll Bond Rating Agency has downgraded the $22.6 million class F of GS Mortgage Securities Corp. II, 2012-GCJ9, to B from B+, because of the weak performance of two collateral loans that are in ...
Commercial Real Estate Direct Staff Report The official data are in. The sale of the Chapel Hill Mall in Akron, Ohio, resulted in a total loss to the $65.2 million CMBS loan that had encumbered it. The 866,217-square-foot property, of ...
Akron Beacon Journal An 83,000-square-foot office building in the Akron, Ohio, suburb of Fairlawn, Ohio, is being offered for sale on the auction.com platform. An undisclosed investment group owns the building, on 6.24 acres at 175 Ghent Road. The property ...
Commercial Real Estate Direct Staff Report The appraised value of the Chapel Hill Mall in Akron, Ohio, has been reduced yet again. The 866,217-square-foot enclosed shopping center was encumbered by a $66.2 million loan that had been securitized through LB-UBS ...
