September 29, 2003 Marcus & Millichap has started marketing The Chesterfield, a 407-unit apartment tower in downtown Cleveland.The seller, a Boston-based investor initiating a 1031-exchange, is seeking to sell the landmark property for $29.9 million, a price that would represent ...
September 22, 2003 The Plain Dealer (Second Item)One Cleveland Center at 1375 E. Ninth St. in Cleveland is rumored to be for sale. Cleveland Center Investors I LLC purchased the building in 1997 for about $50 million. Early last year ...
September 18, 2003 Cain's ClevelandHines, a Dallas-based real estate developer and property manager, has won the property management and leasing contract in downtown Cleveland for 1100 Superior, better known as the Diamond Building. The 21-story office building has been managed ...
September 2, 2003 The Plain DealerDAS Construction has been awarded the contract to convert the Chicle Building in Cleveland at 10307 Detroit Ave. into 23 apartment units. Work is expected to start next month and be completed by July 2004.
August 11, 2003 Charter Municipal Mortgage Acceptance Co. (Amex:CHC) and its Related Capital Co. affiliate have provided $41.2 million of capital for the acquisition and renovation of a portfolio of 10 properties in Ohio.The capital, in the form of debt ...
August 11, 2003 Cleveland LiveThe $11 million conversion of the WT Grant Block, at 240 Euclid Ave. in Cleveland, is well under way. The project will consist of one- and two-bedroom units. Rents will range from $850 to $1,995. Square ...
July 14, 2003 The Plain DealerThe U.S. Department of Housing and Urban Development has sent out invitations to bid on Park Lane Villa, the University Circle apartment building in Cleveland that federal officials began closing last month. The Cleveland HUD ...
June 23, 2003 Crain's ClevelandTwo downtown Cleveland sites meet the criteria for building a $400 million convention center, and the better of those is behind Tower City near the Cuyahoga River. Backers of the convention center unveiled the riverfront site ...
June 19, 2003 Prime Group Realty Trust (NYSE:PGE) has completed its $80 million sale of the National City Center in Cleveland to an affiliate of National City Corp.Prime Group will repay the $64.7 million mortgage on the property and expects ...
June 17, 2003 Crain's ClevelandLocal business and community leaders plan to join developer Tim Perotti to break ground this Wednesday for the Larchmere Lofts Condominiums at 12701 Larchmere Blvd. in Cleveland. The 16-unit project is being built on the site ...
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