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Investors Buy Two Cuyahoga Falls Shopping Centers

Investors Buy Two Cuyahoga Falls Shopping Centers

Two Cuyahoga Falls shopping centers have changed hands this month in two separate transactions. The Plaza at Chapel Hill and the Shoppes at Chapel Hill are both are located on Howe Avenue.…

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Cleveland’s Global Center for Health Innovation Earns LEED Gold

Cleveland’s Global Center for Health Innovation Earns LEED Gold

Cleveland’s $465 million Global Center for Health Innovation and Convention Center is now LEED Gold certified. Cuyahoga County Executive Ed FitzGerald announced this important achievement at the end of October. It reflects the county’s strong commitment to sustainability.…

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Akron Children’s Hosptial Receives $10M Donation from Kay Jewelers

Akron Children’s Hosptial Receives $10M Donation from Kay Jewelers

On Friday, October 24, Akron Children’s Hospital announced it has received a record $10 million gift from Kay Jewelers. The donation will help finance the construction of a seven-story addition on the hospital’s main downtown campus. The new tower will be named Kay Jewelers Pavilion, in recognition of the retailer’s…

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Goodyear’s Headquarters in Akron Earns LEED Gold Rating

Goodyear’s Headquarters in Akron Earns LEED Gold Rating

The U.S. Green Building Council has recently awarded LEED Gold certification to The Goodyear Tire & Rubber Company's global headquarters building in Akron. At 639,000 square feet, it is now one of the largest LEED Gold certified buildings in the state of Ohio.…

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Value Place Opens New, 124-Room Hotel in Cleveland

Value Place Opens New, 124-Room Hotel in Cleveland

Value Place continues to expand. The extended-stay hotel chain announced this week the opening of another hotel in Cleveland. It is the company’s tenth Ohio hotel and its third in the Cleveland metro area.…

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TODAY’S DEALS: Hamilton Zanze Closes Banner September with $170M in Transactions

TODAY’S DEALS: Hamilton Zanze Closes Banner September with $170M in Transactions

Hamilton Zanze closes a record-breaking September; Bascom and Carlyle Realty acquire a two-property value-add portfolio in Las Vegas; and a historic downtown Cleveland high rise changes hands. …

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AkzoNobel Leases Space in Hackman Capital Partners’ Strongsville Facility

AkzoNobel Leases Space in Hackman Capital Partners’ Strongsville Facility

AkzoNobel is opening a research and development center in the Cleveland area. The paints, coatings and chemicals company has recently leased space in a Class-A industrial facility located in Strongsville.…

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Mentor Industrial Property Sold for $3.2M

Mentor Industrial Property Sold for $3.2M

KCS Pinecone Realty, LLC has recently sold an industrial property in the city of Mentor. ACO Polymer Products, Inc. was the buyer.…

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Executive Insight: Michael Cantor, Allegro Realty Advisors

Executive Insight: Michael Cantor, Allegro Realty Advisors

American Greetings sold its world headquarters building in Brooklyn, Ohio, earlier this year, to Industrial Realty Group. Allegro Realty Advisors, the largest exclusive tenant representation and corporate services firm based in Ohio, facilitated the transaction. Allegro Managing Director & Principal Michael Cantor worked on the deal together with George Hutchinson,…

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Hyatt Place Cleveland/Independence Sold to Lone Star Funds as Part of 38-Hotel Portfolio

Hyatt Place Cleveland/Independence Sold to Lone Star Funds as Part of 38-Hotel Portfolio

The Hyatt Place Cleveland/Independence is changing hands. The Northeast Ohio property is one of 38 hotels Hyatt Hotels Corporation has agreed to sell to Texas-based Lone Star Funds for about $590 million.…

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University Hospitals to Buy Highland Hills’ One Harvard Crossing for $12M, Relocate 600 Employees

University Hospitals to Buy Highland Hills’ One Harvard Crossing for $12M, Relocate 600 Employees

University Hospitals is moving to a new location. The hospital system recently announced its plans to buy the One Harvard Crossing office building, in Highland Hills, and move 600 of its administrative employees to the East Side suburb.…

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Investors Strike Two New Deals in Downtown Cleveland’s Hot Apartment Market

Investors Strike Two New Deals in Downtown Cleveland’s Hot Apartment Market

Downtown Cleveland, with its steady economic growth, low apartment vacancy and numerous retail and hotel developments, continues to prove very attractive to investors. Recently, two new companies have made their presence known in the area, in attempts to take advantage of the 95%-occupied downtown apartment market.…

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