Thursday, December 02, 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: Procter & Gamble Co. Site: 6110 Center Hill Ave. Purpose: Alteration. Contractor: Huber Hunt & Nichols. Cost: $2,612,500.
• Applicant: Procter & Gamble Co. Site: 6110 Center Hill Ave. Purpose: Alteration. Contractor: Huber Hunt & Nichols. Cost: $1,425,000.
• Applicant: Hamilton County Commissioners. Site: 1000 Main St. Purpose: Alteration. Contractor: Frank Messer & Sons Construction Co. Cost: $830,000.
• Applicant: Cincinnati Board of Education. Site: 1030 Cutter St. Purpose: Alteration. Contractor: Cincinnati Board of Education. Cost: $510,000.
• Applicant: Mees District. Site: 1541 W. Fork Road. Purpose: Addition. Contractor: Cincinnati United Contractors. Cost: $385,423.
• Applicant: Children's Hospital Medical Center. Site: 3333 Burnet Ave. Purpose: Plumbing. Contractor: River City. Cost: $300,000.
• Applicant: Riemeier Lumber. Site: 1150 Tennessee Ave. Purpose: Foundation. Contractor: Messer Construction Co. Cost: $225,000.
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: 4631 Spring Grove Ave., Winton Place, 45232. Use: Auto sales and service. Price: $1,126,971. Buyer: Nationsrent USA Inc. Seller: Insite Cincinnati II LLC.
• Property: 11475 Goldcoast Drive, Sycamore Township, 45249. Use: Office building. Price: $950,000. Buyer: Andrew J. Green, trustee. Seller: Northlake Associates.
• Property: 2036 Quail Court, Forest Park, 45240. Use: Apartment building. Price: $912,500. Buyer: T&C Stenger LLC. Seller: Harry Stenger Inc.
• Property: 5977 Harrison Ave., Green Township, 45248. Use: Commercial structures. Price: $455,000. Buyer: Decker Meyer Investments LLC. Seller: George Mohs.
• Property: 3985 Ebenezer Road, Green Township, 45248. Use: Abated, municipal improvement. Price: $380,000. Buyer: David T. and Billie C. D'Erminio. Seller: Tanya A. Park.
• Property: 301 W. Columbia Ave., Reading, 45215. Use: Apartment building. Price: $319,000. Buyer: Hannah Investments LLC. Seller: BBJ Partnership.
• Property: 507 S. College Ave., Oxford, 45056. Use: Industrial warehouse. Price: $310,000. Buyer: David P. and Diane B. Zipko. Seller: Susan S. Consolo.
• Property: 5859 Clough Pike, Anderson Township, 45244. Use: Abated, municipal improvement. Price: $221,550. Buyer: Dennis and Frankie Sunberg. Seller: James H. Westphal.
• Property: 104 Biddle Ave., Harrison, 45030. Use: Commercial County Specific. Price: $200,000. Buyer: David M. and Sharon H. Sullivan. Seller: Leroy C. Sabatelli.
• Property: 2116 Kemper Lane, Walnut Hills, 45206. Use: Apartment building. Price: $240,000. Buyer: William D. and Denise A. Fox. Seller: John A. Shaffner.
• Property: 11750 Lebanon Road, Sharonville, 45241. Use: Drive-in, fast food. Price: $210,000. Buyer: Calvin C. and H. Sue Hicks. Seller: Mary C. Sand.
• Property: 4501 Bridgetown Road, Green Township, 45211. Use: Abated, municipal improvement. Price: $200,000. Buyer: Mulbarn Properties Limited. Seller: John P. Thomas.
• Property: 328 Thomas More Parkway, Fort Mitchell, 41017. Use: Apartment building. Price: $250,000. Buyer: George H. Haney. Seller: Mid American Limited Partnership.
• Property: 271 E. Kemper Road, Loveland, 45140. Use: Commercial structures. Price: $248,000. Buyer: Coljen Properties LLC. Seller: James D. Hosea.
• Property: 11915 Hauck Road, Sharonville, 45241. Use: Commercial garage. Price: $246,028. Buyer: Sullivan Acquisition LLC. Seller: BP Exploration & Oil Inc.
• Property: Princeton Glendale Road, Union Township, 45069. Use: Commercial vacant land. Price: $280,000. Buyer: Hawkstone Associates Inc. Seller: Noel E. Grace.
• Property: 1315 Main St., Hamilton, 45013. Use: Auto service station. Price: $272,028. Buyer: Sullivan Acquisition LLC. Seller: BP Exploration & Oil Inc.
• Property: 75 N. Brookwood Ave., Hamilton, 45013. Use: Savings and loan. Price: $250,000. Buyer: AMD Inc. Seller: Fifth Third Bank.
• Property: 7955 Beechmont Ave., Anderson Township, 45255. Use: Abated, municipal improvement. Price: $406,800. Buyer: Sullivan Acquisition LLC. Seller: BP Exploration & Oil Inc.
• Property: 6200 Wooster Pike, Fairfax, 45227. Use: Commercial garage. Price: $401,828. Buyer: Sullivan Acquisition LLC. Seller: BP Exploration & Oil Inc.
• Property: 543 Nilles Road, Fairfield, 45014. Use: Auto service station. Price: $398,942. Buyer: Sullivan Acquisition LLC. Seller: BP Exploration & Oil Inc.
• Property: 758 Ridgeway Ave., Avondale, 45229. Use: Apartment building. Price: $390,500. Buyer: Downtown Property Management Inc. Seller: Shiloh Manor Apartments.
• Property: 802 Blair Ave., Avondale, 45229. Use: Apartment building. Price: $372,000. Buyer: Downtown Property Management Inc. Seller: Somerset Apartments Limited Partnership.
• Property: 4127 W. Eighth St., Price Hill, 45205. Use: Apartment building. Price: $350,000. Buyer: Roger T. Conners. Seller: Joan Doherty Est.
• Property: 248 Northern Ave., Avondale, 45229. Use: Apartment building. Price: $486,000. Buyer: Downtown Property Management Inc. Seller: Gary R Kilday, trustee.
• Property: 3818 Red Bank Road, Fairfax, 45227. Use: Industrial warehouse. Price: $485,000. Buyer: Red Bank Properties LLC. Seller: Neyer Holdings I Limited Partnership.
• Property: 7070 Ravens Run, Anderson Township, 45244. Use: Abated, municipal improvement. Price: $412,900. Buyer: Charles C. Cain, trustee. Seller: Keith M. Chabut.
• Property: 9301 Montgomery Road, Montgomery, 45242. Use: Drive-in, fast food. Price: $520,000. Buyer: Cincinnati United Contractors Inc. Seller: University of Cincinnati Medical Associates Inc.
• Property: 2301 Salvador St., Mount Washington, 45230. Use: Apartment building. Price: $486,999. Buyer: Kenneth S. Navaro. Seller: Steven W. Thurner.
• Property: 420 W. Fourth St., Newport, 41071. Use: Commercial vacant land. Price: $550,000. Buyer: FC Venture LLC. Seller: Taco Bell Corp.
German brewery coming
Cinergy slapped for hogging power in July
P&G lends Noxzema name to razor-maker
Cincinnati firm expands coal-to-gas power
McDonald's buying Boston Market chain
TRISTATE BUSINESS SUMMARY
INDUSTRY NOTES: REAL ESTATE
COMMERCIAL REAL ESTATE
TRISTATE MARKET SPOTLIGHT
