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Akron’s Key Building to Hit the Auction Block; Canton’s Huntington Plaza Sold to Ameritrust

Akron’s Key Building to Hit the Auction Block; Canton’s Huntington Plaza Sold to Ameritrust

One of downtown Akron’s landmark office towers will soon hit the auction block. The Key Building will be offered at a public auction in late February through Auction.com. The 11-story building was constructed in 1911. It sits on 0.42 acres at 159 S. Main St. According to Auction.com, the former KeyBank…

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MRN Pre-Leases The Lofts at Rosetta Center

MRN Pre-Leases The Lofts at Rosetta Center

Apartment vacancies in downtown Cleveland are becoming harder and harder to find as office workers move in from the suburbs. According to the Downtown Cleveland Alliance, the occupancy rate is at 97% and has been rising steadily over past quarters. Luckily, developers have stepped up to answer this need. One…

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Westin Cleveland Downtown to Open in Spring 2014

Westin Cleveland Downtown to Open in Spring 2014

Optima Ventures partnered with Sage Hospitality to buy and renovate downtown Cleveland’s second-largest hotel, The Crowne Plaza Cleveland City Center. They paid $9 million cash for the hotel and parking garage and invested $64 million to turn it into a luxurious Westin. Now,the joint venture has announced an opening date…

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Construction Loan Secured for $10+M Eco-friendly Townhome Community

Construction Loan Secured for $10+M Eco-friendly Townhome Community

Abode, Modern Lifestyle Developers, a real estate development company based in Cleveland, and First Federal Lakewood (FFL) have closed on a construction loan to finance the Clifton Pointe Luxury Ecohomes, a new multi-million-dollar townhome community located in Lakewood, Ohio. It will be one of the first modern ecohome development communities…

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Kent State Board of Trustees Approves $150M in Campus Construction Projects

Kent State Board of Trustees Approves $150M in Campus Construction Projects

Kent State University’s Board of Trustees hired the Ruhlin Company to manage the $150 million, four-year construction and renovation project known as the “Foundations of Excellence, Building the Future.” The Sharon Center, Ohio-based company was selected after a competitive bidding and interview process. During the next four years, Ruhlin will…

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Cleveland Metropolitan School District to Auction Off Headquarters in March

Cleveland Metropolitan School District to Auction Off Headquarters in March

The Cleveland Metropolitan School District’s headquarters building will go up for auction next year.…

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FirstEnergy Unveils Plans to Build New $45M Facility in Akron

FirstEnergy Unveils Plans to Build New $45M Facility in Akron

FirstEnergy Corp. (NYSE: FE), a diversified energy company headquartered in Akron, Ohio, has recently unveiled its plans to construct a new transmission control center at the company's West Akron Complex.…

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Leader Building Still Seeking New Owner

Leader Building Still Seeking New Owner

The Leader Building, a Class B office building in downtown Cleveland, hit the auction block on Nov. 13.…

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Oswald Cos. Leases Three Floors in 1100 Superior Building

Oswald Cos. Leases Three Floors in 1100 Superior Building

Oswald Cos., one of the nation's largest independent, employee-owned insurance companies, has been looking for space all over Cleveland to accommodate its needs.…

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Mercy Medical Center Plans Expansion; Ohio City to Receive 72 Market-Rate Apartments

Mercy Medical Center Plans Expansion; Ohio City to Receive 72 Market-Rate Apartments

Canton’s Mercy Medical Center plans to increase the size of its emergency department. According to the Akron Beacon Journal, the hospital is looking to finalize plans for the 14.5 million-square-foot renovation and construction project.…

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Hyland Gets Tax Breaks for Westlake Expansion; Diebold Suspends Plans for New HQ

Hyland Gets Tax Breaks for Westlake Expansion; Diebold Suspends Plans for New HQ

Earlier this month, the city of Westlake's planning commission approved Hyland Software Inc.’s plans to build an office across the street from its headquarters on Clemens Road.…

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Parmatown Mall Sold to Phillips Edison & Co.

Parmatown Mall Sold to Phillips Edison & Co.

Cincinnati-based Phillips Edison & Co., a fully integrated retail real estate company, is the new owner of Parmatown Mall, one of the largest retail properties in Northeast Ohio.…

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