Cleveland-Akron, OH - Colliers International | Cleveland is pleased to announce the following recently completed commercial real estate transactions from our office in Cleveland in August 2020 -
Tim Breckner represented the lessee nVent in a 195,093-square-foot lease renewal at 6800 Arnold Miller Parkway. The lease will keep the industrial warehouse property 100% occupied for the foreseeable future.
Mark Abood represented the seller News-Gazette Inc. in their public sale of the former News Gazette Headquarters. The 53,000-square-foot office building is located at 15 East Main Street in Champaign, Illinois it was built in 1912. Bidding for the property opened at the reserve price of $900,000 and it was sold for $1,189,000.00 in a non-contingent transaction with a 35-day closing.
Ryan Fisher & Alex Smith represented the buyer, Cross Development Acquisition (CDA), in the purchase of 4.3 acres of land located in Columbus, Ohio. CDA will use the land to accommodate a built-to-suit for an undisclosed national tenant. Alex and Ryan have been retained to represent CDA in any future acquisitions.