Deals - Cincinnati

  • Hines Pays $150M for 6-Building Portfolio as Office Sales Pick Up Steam

    Office properties in the Cincinnati area are selling like hot cakes. Multiple properties have changed hands in the region during the first two quarters of the year, as the recovering market attracts more and more investors.

    13 July 2014 15:01
  • Inland Real Estate Corp., PGGM Buy Phase I of Newport Pavilion

    Inland Real Estate Corporation is expending its presence in Cincinnati. In a joint venture with Dutch pension fund advisor PGGM, the real estate investment trust has acquired Phase I of Newport Pavilion, a 471,800-square-foot grocery-anchored power center in Newport, Kentucky. The retail property changed hands for $43.3 million in cash.

    08 July 2014 15:09
  • PBY Partners Buys Central Parke in Norwood for $34M; Port Authority Taps CBRE to Market TechSolve II Expansion

    In one of Greater Cincinnati’s largest commercial real estate deals of the year, 4600 Smith Road Holdings LLC sold its Central Parke Business Park Portfolio to a group of local investors, called PBY Partners. The price of the transaction was $34 million.

    15 April 2014 17:48
  • URS Capital Partners Sells Two Cincinnati-Area Apartments

    URS Capital Partners, a real estate investment company based in Huntington, New York, has completed the sale of two multifamily properties in the Cincinnati area, at the end of January. The two properties are the Westshore Apartments, in Covington, and the Incline Apartments in Cincinnati’s Incline District.

    25 February 2014 14:22
  • Procter & Gamble Selling Sycamore Building Downtown

    Another high-rise building in Cincinnati’s CBD is on the market. Last week, I wrote about the Garfield Tower, an apartment building listed for sale by CBRE. Now, Procter & Gamble is selling its office property at 299 E. Sixth Street.

    18 February 2014 04:54
  • Garfield Tower in CBD Goes Up for Sale

    A Cincinnati apartment tower located in the heart of the city’s Central Business District is now for sale. CBRE has listed the property but did not disclose a sale price.

    11 February 2014 02:26
  • Cincinnati Streetcar Gets $17.4M in Additional Funding

    The Cincinnati Streetcar project is back on track. Last Wednesday, City Council voted to give it a $17.4 million infusion of cash, bringing the total cost of the project to $133 million, from the original $110 million.

    01 July 2013 04:01
  • Anderson Birkla Buys 580 Building in Downtown Cincinnati, Plans Apartments

    With downtown Cincinnati’s apartment vacancy rate far below office space vacancies, some investors are purchasing office buildings and converting them into apartments. One such investor is Indianapolis-based Anderson Birkla Investment Partners. It acquired the 580 Building on February 5 for $13.7 million. The company now intends to redevelop the property into a mix of residential, office and entertainment space.

    11 February 2013 06:22
  • Neyer Properties Adds Sharonville Office Buildings to Portfolio

    By Adrian Maties, Associate Editor Neyer Properties recently acquired One and Two Crowne Point in Sharonville, as part of its plan to increase its real estate holdings. The Evanston-based real estate development company has been working on closing the deal for some time now. According to the Hamilton County auditor’s Web site, the former Miller-Valentine [...]

    04 September 2012 03:24
  • Sterling McMillan Student Housing Community Sold; Towne Properties Plans Oakley Apartment Complex

    By Adrian Maties, Associate Editor M&A Real Estate Partners, a Los Angeles-based real estate company, has purchased the Sterling McMillan student housing community near the University of Cincinnati. The deal was closed on May 1 at an acquisition price of $19.8 million, according to the Cincinnati Business Courier. Sterling University Housing, the student housing division of [...]

    13 May 2012 13:20