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Mazak Completes $30M Project in Florence

Mazak Completes $30M Project in Florence

Last month, the Mazak Corporation, a machine tool manufacturer based in Japan, finished the renovation and expansion of its manufacturing facility in Northern Kentucky. The cost of the two-year project was $30 million.…

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Steadfast Apartment REIT Buys 192-Unit Asset

Steadfast Apartment REIT Buys 192-Unit Asset

Steadfast Apartment REIT has made another multifamily acquisition in the Midwestern United States. At the end of February, the REIT announced it has purchased the Columns on Wetherington apartment community for $25 million. Steadfast has so far invested more than $290 million in eight apartment communities, in six Midwestern and…

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Sanders Kicks Off Work on $17M Rehab Center

Sanders Kicks Off Work on $17M Rehab Center

The Cincinnati area is about to get another hospital. On Monday, February 23, The Sanders Trust announced it has started work on the Reliant Norwood Rehabilitation Hospital. Construction is expected to take about 11 months, with the new facility scheduled to open in February 2016.…

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AK Steel Plans $36M R&D Facility in Middletown

AK Steel Plans $36M R&D Facility in Middletown

AK Steel plans to build a new, world-class Research and Innovation Center in the city of Middletown. The West Chester-based steel company announced the project on Monday, February 23. It is expected to cost $36 million.…

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Next Role for 1929 UC Building: High-Tech Hub

Next Role for 1929 UC Building: High-Tech Hub

The University of Cincinnati’s Campus Services Building is about to get a makeover. On February 24, the university’s Board of Trustees approved $16 million in funding to renovate the old facility at 2900 Reading Road. It will be transformed into a hub of entrepreneurial innovation, a future home for startup…

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Downtown Dayton Duo Heads to Auction

Downtown Dayton Duo Heads to Auction

Two office properties in Downtown Dayton will hit the auction block next month. CBRE Auction Services is selling the mid-rise class C office towers at 333 W. 1st St. and 349 W. 1st St., at an online auction, together with a 340-space attached parking garage. The minimum bid is…

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Auto Supplier Opens $50M Plant in Monroe

Auto Supplier Opens $50M Plant in Monroe

Last year, UGN, an automotive industry supplier based in Tinley Park, Illinois, announced its plans to break ground on a new manufacturing plant in the city of Monroe, 30 miles north of Cincinnati. The $50 million project was finished this month.…

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Rubenstein Takes 2 in Downtown Cincinnati

Rubenstein Takes 2 in Downtown Cincinnati

Two high-rise office buildings in downtown Cincinnati are now under new ownership. The properties at 312 Elm St. and 312 Plum St. have recently traded for an undisclosed price.…

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Middletown OKs 216-Unit Apartment Project

Middletown OKs 216-Unit Apartment Project

At the start of the year, a Kentucky-based developer announced its plans to develop a 216-unit luxury apartment complex in the city of Middletown. Now, the project has taken an important step forward.…

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Liberty Center Lands 2 Tenants

Liberty Center Lands 2 Tenants

Liberty Center, the approximately $350 million mixed-use project currently under construction in Liberty Township has signed two more tenants. Flip Sid, a gourmet burger restaurant, and the Funny Bone Comedy Club and Restaurant will now join other tenants such as Dillard’s, DICK’S Sporting Goods, Cobb CinéBistro, Brio Tuscan Grille, Cheesecake…

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Becknell Industrial Takes Serta Facility in Forest Park

Becknell Industrial Takes Serta Facility in Forest Park

Brennan Investment Group, LLC has recently announced the sale of a large industrial property in Forest Park, a suburb of Cincinnati. The Chicago-based company sold the warehouse building at 1680 Carillon Boulevard to Becknell Industrial, for $7.3 million.…

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Buckingham Eyes Fall Debut for Oakley M-F Complex

Buckingham Eyes Fall Debut for Oakley M-F Complex

An Indianapolis-based real estate company is building almost 300 new apartments in Cincinnati’s Oakley neighborhood. Buckingham Companies recently announced that it will complete the MadMar Flats project later this year and that it expects the first residents to move in starting this fall.…

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