State: Ohio - OH
Cleveland’s Office Inventory Shrinks by 42.3 Percent
The amount of office space in Cleveland totaled 90.8 million square feet in the fourth quarter of last year, according to Cushman & Wakefield. That's down from 157.4 million sf at the start of 2023. The removal of so-called "zombie" ...
Affinius Lends $165.7Mln for 3 Columbus, Ohio, Apartments
Affinius Capital LLC has provided $165.7 million of financing against three apartment properties with a total of 913 units in the Columbus, Ohio, area. The three properties are owned by Thrive Cos. and are within large mixed-use complexes that the ...
Centre Pointe Portfolio
Realife Management Group has paid $64.5 million, or $100.75/sf, for the Centre Pointe Portfolio, a 640,177-square-foot office property in West Chester, Ohio. The Cleveland investment manager purchased the property from Hines, which had acquired it in 2014 for $81.25 million. ...
Cincinnati-Area Office Property Sells for $64.5Mln, Gets $47.65Mln of CMBS Debt
Commercial Real Estate Direct Staff Report Realife Management Group has paid $64.5 million, or $100.75/sf, for the Centre Pointe Portfolio, a 640,177-square-foot office property in West Chester, Ohio. The Cleveland investment manager purchased the property from Hines, which had acquired ...
Work to Start on 151,100-SF Industrial Property in Columbus, Ohio
REBusiness Online A venture of Interstate Batteries and Neyer Properties will break ground soon on a 151,100-square-foot industrial property within the Hub @70/270 industrial development in Columbus, Ohio. Interstate, of Dallas, and Neyer, of Cincinnati, will build the property at ...
Wolstein Group Negotiates Term Extension of Loan Against Cleveland Office
The Wolstein Group has signed insurance and risk-management company Oswald Cos. to 100,000 square feet at its Ernst & Young Tower in Cleveland. That helped facilitate a lengthy term extension of what had been a $75 million CMBS loan against ...
Unnamed Tenant to Fully Lease Industrial Property in North Jackson, Ohio
An unidentified solar manufacturing company has agreed to fully lease the 211,443-square-foot industrial property at 500 South Bailey Road in North Jackson, Ohio. STAG Industrial Inc., a Boston REIT, owns the property and was represented in the deal by Newmark. ...
$115.87Mln Loan Against Ohio Mixed-Use Property Gets Transferred to Special Servicer
Commercial Real Estate Direct Staff Report The investor group led by Olshan Properties that owns the Greene Town Center in suburban Dayton, Ohio, got its wish: the $115.87 million CMBS loan against the mixed-use property has been transferred to special ...
Pavilion Shopping Center
The property is fully occupied by 19 tenants.
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
