City: Cleveland

Crain's Cleveland Business Millennia Cos. is said to be buying the 295-unit Statler Arms Apartments in Cleveland. The property, at 1127 Euclid Ave., is owned by a venture of LCOR Inc. and Deutsche Bank. It backs a $20.4 million Freddie ...

Cleveland Plain Dealer The Euclid Square Mall in suburban Cleveland is being razed to make way for an Amazon distribution center. Demolition is slated for completion next spring, with the Amazon facility set to open in 2019. The online shopping ...

Crain's Cleveland Business Summit Hotels has paid $39.6 million, or about $226,286/room, for the 175-room Residence Inn Downtown Cleveland. The property, at 527 Prospect Ave. in Cleveland, was sold by Noble Investment Group, which had paid $15.4 million, or $88,000/room, ...

Crain's Cleveland Business Developers Chris Semarjian and Stuart Lichter have acquired a former Walmart Supercenter store in Bedford, Ohio, a suburb of Cleveland, and will market it for redevelopment. The 200,000-square-foot building, at 22209 Rockside Road, could be converted into ...

Indianapolis Business Journal Keystone Group has bought the 558,000-square-foot former AT&T building in downtown Cleveland for an undisclosed price. The seller, Geis Properties, had put the property on the sales market in February and received an offer from Keystone in ...

Commercial Real Estate Direct Staff Report Ladder Capital Finance has provided $51 million of mortgage financing to facilitate Stark Enterprises' acquisition of Belden Park Crossings, a suburban Cleveland retail center. Stark, of Cleveland, paid $67 million, or about $137/sf, last ...

Crain's Cleveland Business LaSalle Development Group is planning to convert a vacant hotel in the Cleveland suburb of Wickliffe, Ohio, into a 167-unit assisted-living facility. The project is being financed with a $49 million bond package that was approved by ...

Cleveland Plain Dealer Stark Enterprises has paid $67 million, or about $137/sf, for Belden Park Crossings, a 482,000-square-foot retail center in North Canton, Ohio, a Cleveland suburb. The property's anchor tenants are Kohl's, Dick's Sporting Goods and PetSmart, while Target ...

Cleveland Plain Dealer The city of Independence, Ohio, has agreed to negotiate with Industrial Realty Group over development of a mixed-use property on 33 acres of city-owned land. The project could include 300,000 to 600,000 square feet of office space, ...