Thursday, July 29, 1999
COMMERCIAL REAL ESTATE
PROJECTS: The most expensive commercial construction projects or renovations, based on dollar values ($200,000 and up) of building permits issued recently in Cincinnati and Hamilton County:
• Applicant: Avonview LP. Site: 3613 Reading Road. Purpose: New building. Contractor: Wallick Construction. Cost: $2,076,000.
• Applicant: Greater New Light Baptist Church. Site: 710 N. Crescent Ave. Purpose: Addition. Contractor: Environ Group. Cost: $233,043.
TRANSFERS: The most expensive commercial property transfers recorded recently in Hamilton, Clermont, Butler and Warren counties in Ohio and Boone, Kenton and Campbell counties in Kentucky, based on dollar values of $200,000 or more (data collected by Transamerica Intellitech, publisher of the Pace Report, from county records):
• Property: 9231 Hunters Creek Drive, Blue Ash, 45242. Use: Apartment building. Price: $4,359,478. Buyer: AIMCO Hunters Creek. Seller: Hunters Creek Corp.
• Property: 2722 Erie Ave., Hyde Park/Mount Lookout, 45208. Use: Retail office. Price: $1,270,000. Buyer: Sharon J. Dickman. Seller: Carl A. Minning.
• Property: 5125 Enterprise Drive, Mason, 45040. Use: Industrial property. Price: $855,000. Buyer: Greenfield Farm Inc. Seller: Kenley Associates I.
• Property: 5070 Oaklawn Drive, Madisonville, 45227. Use: Industrial property. Price: $800,000. Buyer: Steven T. Immerman, trustee. Seller: Neyer & Abs Partnership.
• Property: 2215 Beech Grove Drive, Green Township, 45233. Use: Abated, municipal improvement. Price: $740,000. Buyer: J. Paul Ackerman, trustee. Seller: Kimberly Stanford, trustee.
• Property: 7855 Tanners Lane, Florence, 41042. Use: Commercial vacant land. Price: $665,000. Buyer: CAC Properties LLC. Seller: Robert J. Williams.
• Property: 2876 Banning Road, Colerain Township, 45239. Use: Apartment building. Price: $490,000. Buyer: Benomar Co. Seller: Jeffrey A. Maxwell.
• Property: 10 Vine St., Reading, 45215. Use: Industrial property. Price: $320,000. Buyer: Virginia Land Group. Seller: Robert Strautberg.
• Property: 2170 Gilbert Ave., Blue Ash, 45206. Use: Commercial vacant land. Price: $295,000. Buyer: CSA Realty Limited. Seller: Janaka Limited Partnership.
• Property: 7529A State Road, Anderson Township, 45255. Use: Abated, municipal improvement. Price: $267,000. Buyer: Kathy Requarth-Mount. Seller: Caci Associates.
• Property: 500 Reading Road, Mount Adams, 45202. Use: Office building. Price: $256,500. Buyer: M.C. Gall LLC. Seller: Pendleton Capital Corp.
• Property: 218 Hosea Ave., Clifton, 45220. Use: Apartment building. Price: $250,000. Buyer: Jennifer and Christopher J. Fruktin. Seller: Alfred J. Berger, trustee.
• Property: 4113 Delaney St., Cumminsville, 45223. Use: Industrial warehouse. Price: $245,000. Buyer: Phillip and Melissa Mattar. Seller: L.J. Buegel Distributing Co.
• Property: 8045 Colerain Ave., Colerain Township, 45239. Use: Savings and loan. Price: $240,000. Buyer: Dale and Mark Schuster. Seller: Centennial Bank.
• Property: 7624 Brannon Drive, Anderson Township, 45255. Use: Abated, municipal improvement. Price: $239,800. Buyer: Willard E. and Carol E. Siepel. Seller: Christian M. Bowen.
• Property: 1680 McCabe Lane, Anderson Township, 45255. Use: Abated, municipal improvement. Price: $231,500. Buyer: Brandon T. and Brittany L. Atkins. Seller: Kenneth H. Lindgren, trustee.
• Property: 1341 Crotty Court, Anderson Township, 45255. Use: Abated, municipal improvement. Price: $210,000. Buyer: Andrew and Leah Schwelder. Seller: Margaret Meier.
• Property: 268 Ludlow Ave., Clifton, 45220. Use: Retail store. Price: $205,000. Buyer: Surjit Singh. Seller: Prem Batra.
• Property: 3175 Profit Drive, Fairfield City, 45014. Use: Commercial structures. Price: $202,040. Buyer: Time Warner Entertainment Co. Seller: TCI Cablevision Ohio Inc.
• Property: 782 Whittier St., Avondale, 45229. Use: Commercial vacant land. Price: $200,000. Buyer: Corinthian Baptist Church. Seller: Southern Baptist Church.
Speedway scores key sponsor
Starkist's rock-'n'-roll CEO resigns
Local firm ranks high in billings
TRISTATE MARKET SPOTLIGHT
INDUSTRY NOTES: REAL ESTATE
COMMERCIAL REAL ESTATE
PEOPLE ON THE MOVE
Greenspan repeats interest-rates warning
TRISTATE BUSINESS SUMMARY
