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W. P. Carey Buys Pratt Plant in Lewisburg For $21M

W. P. Carey Buys Pratt Plant in Lewisburg For $21M

W. P. Carey announced last week it has completed the $21 million sale-leaseback acquisition of Pratt Industries, Inc.'s manufacturing facility in Lewisburg, about 30 miles from Dayton. Pratt, one of the nation’s largest corrugated packaging companies, will lease the building on a long-term basis.…

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Capital Investment Breaks Ground on $80M Project in Newport

Capital Investment Breaks Ground on $80M Project in Newport

Cincinnati-based Capital Investment Group Inc. broke ground last week on the $80 million expansion of Newport on the Levee. Called Aqua on the Levee, it will bring apartments, retail, parking spaces and the region’s first Aloft hotel.…

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M-F Development Thrives Across Cincinnati Region

M-F Development Thrives Across Cincinnati Region

Multifamily development is on the rise in Cincinnati. Thanks to the improved employment growth, rising household incomes and strong apartment operations, many developers are building or looking to build apartments in the Cincinnati area.…

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Mercy Health Taps Local Contractors for $71M Bond Hill Headquarters

Mercy Health Taps Local Contractors for $71M Bond Hill Headquarters

Mercy Health revealed to the public on Thursday, November 13, that it has selected two Cincinnati companies for the construction of its Ministry campus, in Bond Hill. Messer Construction Co. will be the construction manager and general contractor. Jostin Construction will be Messer’s construction management partner and will also perform…

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Lindner Annex Will Give Kennedy Heights Arts Center Room to Grow

Lindner Annex Will Give Kennedy Heights Arts Center Room to Grow

After nearly five years of planning, the Kennedy Heights Arts Center, together with its partners, Kennedy Heights Montessori Center and Kennedy Heights Development Corporation, finally broke ground on Friday, November 14, on the Carl, Robert, Richard and Dorothy Lindner Annex.…

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Huntington Bank Plans Move to Fountain Square

Huntington Bank Plans Move to Fountain Square

Huntington Bank is moving to downtown Cincinnati. The bank announced last week its plans to relocate its regional headquarters from the Rookwood Tower in Norwood, to 525 Vine Street in Fountain Square.…

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TriHealth, Select Medical Detail Plans for Hospital in Evanston

TriHealth, Select Medical Detail Plans for Hospital in Evanston

Earlier this year, TriHealth and Select Medical announced their plans to form a partnership and build and operate a new inpatient rehabilitation hospital in Evanston. Last week, on November 5, the health system and the healthcare company said they finalized the joint venture.…

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MetLife Affiliate Buys West Chester Retail Center in $68.6M Deal

MetLife Affiliate Buys West Chester Retail Center in $68.6M Deal

Another popular shopping center in the Greater Cincinnati area has recently changed hands. The Voice of America Centre was purchased by subsidiaries of New Jersey-based MetLife Core Property Fund GP LLC, in one of the region’s largest commercial real estate transactions of the year.…

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URS Capital Partners Buys 228-Unit M-F Community in Fairfield

URS Capital Partners Buys 228-Unit M-F Community in Fairfield

On Tuesday, November 4, URS Capital Partners announced the acquisition of another apartment community. It is called Creekside Village and it is located in Cincinnati’s Fairfield submarket. URS Capital Partners did not disclose the price of the transaction.…

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LAZ Buys Three Downtown Cincinnati Parking Garages

LAZ Buys Three Downtown Cincinnati Parking Garages

LAZ Parking Realty Investors, an affiliate of Connecticut-based LAZ Parking, has recently acquired three parking garages located in downtown Cincinnati. The three-property portfolio includes a total of 2,310 parking stalls.…

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Inland Real Estate, PGGM JV Buys Phase 2 of Newport Pavilion for $23.6M

Inland Real Estate, PGGM JV Buys Phase 2 of Newport Pavilion for $23.6M

Inland Real Estate Corporation continues to expand in the greater Cincinnati area. A few months ago, the company purchased Phase I of Newport Pavilion in a joint venture with Dutch pension fund advisor PGGM. Now, the same joint venture paid $23.6 million in cash to buy Newport Pavilion Phase II.…

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Oxford Residential Portfolio Heads for Auction Block

Oxford Residential Portfolio Heads for Auction Block

A portfolio of single and multifamily properties in Butler County will be offered at auction next month. The properties are all located in the city of Oxford, near the Miami University campus.…

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