Colliers International Dealmakers: Recent purchases, sales, lease and investments in Cleveland-Akron

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.

Related Experts

Tim Breckner

Senior Vice President

Cleveland

+1 216 239 5119

+1 216 314 0687

As Senior Vice President in the Cleveland Industrial Services Group, Tim provides real estate solutions to property and business owners throughout Northeast Ohio. He takes a 'hands on' approach with clients to create and implement specific strategy based on market knowledge and 21+ years of experience in sales and leasing of commercial property.

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Mark Abood

Senior Vice President

Cleveland

+1 216 239 5121

I am a licensed real estate salesperson, licensed attorney and licensed auctioneer with a multidisciplinary background in legal, commercial real estate, finance, leasing, due diligence, construction, government, planning, zoning and consulting. Additionally, I have served as court appointed receiver or agent to receiver in 12 Ohio counties and in Federal Court. Those companies seeking a professional to handle all aspects of a complex commercial real estate assignment would be well-served by engaging me and my team of real estate professionals at Colliers International. Careful, thorough analysis and creative problem solving skills coupled with a balanced approach to negotiations are some of the dynamic attributes I possess when representing clients of the firm.

I am a frequent lecturer on topics of commercial real estate and auction law with appearances on all major Cleveland news stations, The O'Reilly Factor, Plain Dealer, Crain's Cleveland Business, and other local media. I have authored numerous articles relating to the state of commercial real estate.

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Brian Hurtuk

Managing Director - Brokerage

Cleveland

+1 216 239 5060

+1 440 476 1233

Brian A. Hurtuk, a 40 year veteran of commercial real estate, serves as Managing Director | Principal for Colliers International in Cleveland-Akron. In his role, Mr. Hurtuk provides the guidance and leadership necessary to elevate the Colliers International brand to a wide variety of clients. Mr. Hurtuk's prime focus is on recruiting and business development as Market Leader for the Cleveland-Akron office originally launched in July 2012 which now boasts 45-professionals working throughout northeast Ohio.

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