Ohio
Partners to Buy 1914 Courthouse
There’s still time to register for Connect Austin. Click here for more information! Jim McCue and Steve Coon, with Coon… Read more
TravelCenters of America Buys Space for Expansion
TravelCenters of America LLC paid $2.2 million to acquire a 30,000-square-foot building at 24839 Center Ridge Rd. in Westlake, OH,… Read more
Blackstone Sells Midwest Portfolio for $77M
Blackstone sold a seven-building, 1.1-million-square-foot suburban office portfolio in the Columbus, OH suburb of Dublin, to RMC Corp. for $77… Read more
Developer Planning 100-Unit Seniors Housing Complex
Paramount Health Resources Inc. is expanding into Central Ohio, with plans to build a $21 million, 100-unit complex in Westerville,… Read more
$500M MXU Planned in Ohio’s Scioto Peninsula
The Columbus (OH) Downtown Development Corp. unveiled plans for a $500 million mixed-use development that would create residences, restaurants and… Read more
$268M Sale Takes Atlanta-Based Columbia from Cleveland
Columbia Property Trust Inc. exited the Cleveland, OH market with its sale of the 1.3-million-square-foot Key Center. The office tower… Read more
$10M Paid for Historic Frank & Seder Store
Stark Enterprises has acquired the historic 203,643-square-foot former Frank & Seder department store in downtown Pittsburgh. The Cleveland, OH-based buyer… Read more
Oakley Parent Sees Clear in $49B Merger with French Lens Crafter
The Italian owner of Foothill Ranch, CA-based Oakley is merging with French lens maker Essilor in a deal valued at… Read more
CBRE Represents USAA in 10M-SF Portfolio Sale
CBRE represented USAA Real Estate Co. in the sale of its North American Logistics Portfolio. As ConnectMedia reported in December,… Read more
Hines Global REIT II Acquires First Retail Asset
Hines Global REIT II Inc. acquired its first retail property, Rookwood, located on Edmondson Road in Cincinnati, OH’s Midtown submarket.… Read more
CoreLogic: Foreclosures Still Declining
CoreLogic’s most recent foreclosure statistics (November 2016) showed 26,000 completed housing foreclosures nationally. The number represents a 26% decline from… Read more
Evendale Medical Sells for $10M
Griffin-American Healthcare REIT IV closed on the Evendale Medical Office Building, paying Equity Inc. $10.4 million for the asset. The… Read more
Canadian REIT Buys Embassy Suites for $124M
American Hotel Income Properties REIT LP entered into a contract to acquire three Embassy Suites by Hilton, a portfolio totaling… Read more
Gramercy Property Pays $521M for Industrial Portfolio
Gramercy Property Trust closed on the acquisition of a 17-property, 10.3 million-square-foot industrial portfolio for $521 million. The portfolio is… Read more
$37 Million for Value-Added Opportunity
DealPoint Merrill paid $37 million for commercial properties in Missouri, Michigan and Ohio totaling 395,237 square feet. Based in Los… Read more
Courtland Partners Founder Dies
Michael J. Humphrey, founder and managing principal of real estate assets consulting firm Courtland Partners Ltd., died. He was 56… Read more
Abercrombie Examining Lease Renewals, Store Closures
Approximately half of Abercrombie & Fitch’s 745 U.S. store leases are up for renewal within the next 18 months. The… Read more
DDR sells Colorado’s Aspen Grove for $82M
DDR Corp. sold the 268,000-square-foot Aspen Grove shopping center in Littleton, CO to Gerrity Group of Solana Beach, CA. The… Read more