James O’Connell

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  • 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.

    Cincinnati 11 February 2013 06:22