Ohio
The Leading Market for CRE Recovery is Not in the Sunbelt
“Nearly 17 months since the start of the coronavirus pandemic, the world is still working on a recovery,” reports Trepp’s… Read more
Marcus & Millichap Brokers Sale of 91K-SF Self-Storage Facility in North Florida
Marcus & Millichap has brokered the sale of Premier Boat & RV Storage, a 91,098-square-foot self-storage facility in St. Augustine,… Read more
Berkadia Arranges $73M Financing on Cleveland High-Rise
Berkadia secured financing for The Beacon, a high rise multifamily property in Cleveland. Senior managing director Mark Vogel and managing director… Read more
DealPoint Merrill Plans $200M Cleveland-Area MXU at Former Regional Mall
DealPoint Merrill has acquired the remainder of the former Richmond Town Square regional mall in Richmond Heights, OH, a Cleveland… Read more
Multifamily REITs Independence, Steadfast Strike $7B Merger Agreement
Independence Realty Trust, Inc. (IRT) and Steadfast Apartment REIT, Inc. (STAR) said Monday afternoon that they had agreed to merge, with… Read more
Transwestern Investment Group Divests Multimarket Industrial Portfolio
Transwestern Investment Group (TIG) has sold a 10-building, 2.9 million-square-foot industrial portfolio on behalf of its discretionary investment fund, TSP Value… Read more
Next Realty Enters Cincinnati Market with Neighborhood Center Deal
An affiliate of Next Realty, LLC has acquired the Kings Automall Shopping Center, a multi-tenant neighborhood center in Cincinnati. Terms of the transaction,… Read more
Boulder Group Finalizes Rite Aid Sale in Cleveland MSA
The Boulder Group completed the sale of a single-tenant Rite Aid Pharmacy located at 3871 Center Rd. in Brunswick, OH, within… Read more
CBRE: Tech Hiring Poised for Strong Growth After Weathering 2020
North American tech-talent employment weathered the pandemic better than most other professions, managing 0.8% growth while non-tech employment declined by… Read more
Arch Street, VEREIT Snag Atlas Air’s Regional Headquarters
Arch Street Capital Advisors and VEREIT, Inc. have acquired Atlas Air’s 100,000-square-foot regional headquarters in Erlanger, KY. The property, a… Read more
NAI Hiffman Secures WELL Health-Safety Rating for 15-Building Portfolio
NAI Hiffman has secured the WELL Health-Safety Rating for 15 office buildings under its management. Fourteen of the properties are located… Read more
CREC Acquires Cincy-Area Apartments
Columbus, OH-based CREC Real Estate, LLC has acquired The Vue 180, a 93-unit, Class A multifamily community located near downtown Cincinnati.… Read more
White Oak, BentallGreenOak Partnership Targets $1B of Multifamily Deals
Columbus, OH-based White Oak Partners said Wednesday that BentallGreenOak (BGO) has committed $400 million of equity to form a strategic partnership that,… Read more
Dayton Street Hires Asset Manager for U.S. Portfolio
Dayton Street Partners, a Chicago-based industrial and logistics real estate investment firm, said Tuesday that Nathan Zwieg has joined the firm as… Read more
Grocery-Anchored Centers Stay Hot in Phoenix
Two grocery-anchored retail centers in Phoenix recently sold for a combined total of $14 million. The first property, Safeway Shops… Read more
Ivanhoé Cambridge and Mount Auburn Multifamily Form Investment JV
Ivanhoé Cambridge and Mount Auburn Multifamily have formed a programmatic joint venture to invest in preferred equity for ground-up multifamily… Read more
Marcus & Millichap Brokers Sale of 83K-SF Self-Storage Facility in Central Florida
Marcus & Millichap has arranged the sale of Storage Authority, an 82,850 square-foot self-storage facility located in Mulberry, FL. The… Read more
Naperville Apartment Trade Reaches Three-Year High on Pricing
In the Chicago suburbs’ biggest apartment deal in nearly three years, a venture led by Des Moines-based BH Equities has… Read more
Cities Benefit from Increased Tree Canopies
American Forests recently released its first tally of Tree Equity scores, a calculation that evaluates equitable distribution of tree cover… Read more