Ohio
Redfin: Median Asking Apartment Rent Tops $2,000 For First Time Ever
The median monthly asking rent in the U.S. surpassed $2,000 for the first time in May, rising 15% year over… Read more
Cleveland High Density Data Center Acquired by Strategic Datasphere
StratCap’s institutional data center real estate investment platform, Strategic Datasphere, LLC, has completed the acquisition of a 187,000 square foot… Read more
Stonemont Lines Up First Northeast OH Spec Project
Atlanta-based Stonemont Financial Group closed on the land purchase for a 450,000-square-foot Class A industrial facility in Westfield Center, OH,… Read more
Phoenix-Area Deer Valley Medical Center Sells for $20 Million
The five-story Optum Center was sold to Cleveland-based Woodside Health Development for $244 a square foot. Talia Jevan Properties of… Read more
Merchants Capital Completes $214M CMBS Deal via Freddie Mac Q-Series
Merchants Capital (MCC) and Merchants Bank of Indiana completed a $214-million CMBS securitization of 14 multifamily mortgage loans secured by 24 mortgaged… Read more
Ten Capital Management Acquires SunTech Commerce Park in Orlando
Cleveland, OH-based Ten Capital Management has completed the acquisition of SunTech Commerce Park in the Orlando submarket of Lake Mary,… Read more
Harrison Street, Lincoln Property JV on Multi-Use Innovation Park
A joint venture between Lincoln Property Company (LPC) and Harrison Street acquired a 190-acre land site in New Albany, OH… Read more
Cincinnati Investment Group Purchases Three Houston Multifamily Communities
Vision & Beyond Capital Investments has bought three Houston apartment complexes totaling 460 units. The price was given at $73… Read more
Avison Young’s Foster and Wilson Broker Sale of Multi-State Industrial Portfolio
Avison Young has negotiated the sale of a national logistics portfolio across several states in the Midwest, South and Northeast… Read more
Walker & Dunlop Lines Up $60M Financing for Columbus Mixed-Use
Walker & Dunlop, Inc. structured a $59,812,000 capital stack, including equity and financing for the construction of Green|House, a personal improvement-oriented community from Kaufman… Read more
Sealy & Co. Expands Columbus-Area Industrial Footprint
Sealy & Company has acquired I-70 Logistics Center East, a 437,589-square-foot industrial logistics facility at 1225 Southgate Pkwy. in metro… Read more
Intel Cuts Ribbon on $3B Factory Expansion in Hillsboro
Intel held a ribbon-cutting ceremony this week marking the grand opening of the $3-billion expansion of D1X, its semiconductor factory… Read more
Scannell Taps Peak Construction for Elgin Warehouse
Peak Construction Corporation has been awarded the contract to build Scannell Properties’ Elgin Distribution Center located at 1451 Sheldon Dr.… Read more
Chicago’s Brennan Group Developing Two Cincinnati Industrial Properties
Chicago-based Brennan Investment Group has acquired 34 acres of land at Seward Road and Symmes Road in Fairfield, OH. The… Read more
Trammell Crow Appoints James Murray-Coleman Director of Sustainability
Dallas-based Trammell Crow Company (TCC), in an effort to develop and implement an effective sustainability strategy, has named James Murray-Coleman… Read more
Former Cleveland Area Hospital Property in $90M Million Redevelopment
After scuttling a deal to redevelop the now closed Lakewood Hospital in suburban Cleveland because of uncertainty surrounding the pandemic,… Read more
Schiff Capital and The Wood Companies Partnering on Columbus Development
Schiff Capital Group and The Wood Companies are teaming for a project in the Short North neighborhood of Columbus, OH, an… Read more
Farbman Group Expands With 20 New Hires
Midwest commercial real estate concern Farbman Group has added Ryan Nelson as Executive Vice President, Andy Bartucci as Senior Vice… Read more
CBRE IM Fund Acquires 64-Asset Self-Storage Portfolio
A fund sponsored by CBRE Investment Management (CBRE IM) has acquired a portfolio of 64 self-storage assets in 10 states across the… Read more