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Boston-Based Investor Buys 50-Unit Apartment Complex in Cleveland Heights

Boston-Based Investor Buys 50-Unit Apartment Complex in Cleveland Heights

Noble Summit Apartment Properties LLC is the new owner of the apartment complex at 2734 Noble Road in Cleveland Heights. The Boston-based company paid $1,330,000 or $26,600 per unit, to purchase the multi-family property in a transaction which closed earlier this year.…

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Two Northeast Ohio Hotels Ready to Receive Guests

Two Northeast Ohio Hotels Ready to Receive Guests

Visitors to the Northeast Ohio area now have two more hotels to choose from. The new Hyatt Place Canton and the newly renovated Residence Inn by Marriott Cleveland Independence offer together more than 220 rooms.…

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Duke Sells Last Six Northeast Ohio Office Buildings for $20M

Duke Sells Last Six Northeast Ohio Office Buildings for $20M

Duke Realty Corp. is leaving the Northeast Ohio commercial real estate market. The Indianapolis-based REIT has recently sold its last six office buildings in the area.…

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Ray Fogg to Build 127 KSF of Industrial in Euclid

Ray Fogg to Build 127 KSF of Industrial in Euclid

Ray Fogg Corporate Properties, LLC plans to expand in Euclid. The Brooklyn Heights-based real estate developer said at the end of February that it will start work Bluestone Business Center II ”as soon as the weather breaks.”…

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$9M Boathouse Project to Transform Downtown Industrial Area

$9M Boathouse Project to Transform Downtown Industrial Area

A Downtown Cleveland industrial area is about to be transformed into a place for walking, biking and boating. Mike Trebilcock, CEO of MCPc, Inc., his wife, Gina, and MCPc Family Charities, a non-profit associated with MCPc, Inc., have recently acquired a dozen industrial buildings in Cleveland’s Columbus Peninsula. They plan…

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New York Investors Buy Twinsburg Office Complex for $13M

New York Investors Buy Twinsburg Office Complex for $13M

A Greater Cleveland office complex changed hands last month. Luttner Real Estate Investment Services announced that Twinsburg’s Canyon Falls Corporate Center was acquired by an unnamed investment group from New York for $13.075 million.…

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Lorain to Gain New Adult Rental Community

Lorain to Gain New Adult Rental Community

The Greater Cleveland area is about to get more residential units. Work is scheduled to start this winter on the The Village at Lighthouse Point, a new, upscale adult rental community which is expected to offer a much-needed rental alternative to those seeking residence in the city of Lorain.…

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Cleveland Arts and Social Sciences Academy Building Sells for $4M

Cleveland Arts and Social Sciences Academy Building  Sells for $4M

The Cleveland Arts and Social Sciences Academy’s building on the city’s East Side is now under new ownership. The property was recently acquired for $4 million by American Education Properties.…

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Beachwood Developer Plans 200,000-SF Distribution Center in Solon

Beachwood Developer Plans 200,000-SF Distribution Center in Solon

ORG Holdings LLC intends to build a 200,000-square-foot warehouse on an 11-acre site located at 6801 Cochran Road.…

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Cleveland Browns Continue with Phase II of Renovations at FirstEnergy Stadium

Cleveland Browns Continue with Phase II of Renovations at FirstEnergy Stadium

Last Wednesday, the Cleveland Browns released more details about the second phase of the FirstEnergy Stadium Modernization Project. It is the final phase of a $125 million makeover, expected to improve the fan experience and also help the team win as many games as possible.…

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Macy’s to Close Richmond Heights Store

Macy’s to Close Richmond Heights Store

Macy’s announced last Thursday, January 8, it will close its store in the Richmond Town Center, in Richmond Heights. The decision is just one of a series of initiatives meant to help the company evolve and keep up with the changing face of retail.…

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Cleveland’s Charter One Bank Building Changes Owners

Cleveland’s Charter One Bank Building Changes Owners

Another Cleveland office building changed hands this month. The Charter One Bank Building, in downtown Cleveland, was sold to two out-of-state investors for an undisclosed price.…

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