Thursday, June 08, 2000

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: Ronald McDonald House Charities of Greater Cincinnati Inc. Site: 350 Erkenbrecher Ave. Purpose: New building. Contractor: BBL—Maescher. Cost: $3,650,000.

        • Applicant: Seven Hills School. Site: 2726 Johnstone Place. Purpose: Addition. Contractor: Messer Construction. Cost: $1,700,000.

        • Applicant: Al Neyer Inc. Site: 312 Plum St. Purpose: Addition. Contractor: Al Neyer Inc. Cost: $800,000.

        • Applicant: Ronald McDonald House Charities of Greater Cincinnati Inc. Site: 350 Erkenbrecher Ave. Purpose: Mechanical. Contractor: BBL—Maescher. Cost: $650,000.

        • Applicant: McOsker Limited Partnership. Site: 3747 Warsaw Ave. Purpose: New building. Contractor: Environ Group. Cost: $582,000.

        • Applicant: Children's Hospital Medical Center. Site: 3333 Burnet Ave. Purpose: Elevator. Contractor: Thyssen Dover Elevator. Cost: $515,356.

        • Applicant: Mercy Franciscan. Site: 3131 Queen City Ave. Purpose: Alteration. Contractor: Galer Co. Cost: $450,000.

        • Applicant: Children's Hospital Medical Center. Site: 3333 Burnet Ave. Purpose: Elevator. Contractor: Thyssen Dover Elevator. Cost: $426,053.

        • Applicant: Western Southern Life. Site: 550 E. Fourth St. Purpose: Alteration. Contractor: Peck-Hannaford & Briggs Service Corp. Cost: $300,000.

        • Applicant: Cincinnati Zoo & Botanical Garden. Site: 3400 Vine St. Purpose: New building. Contractor: Turner Construction Co. Cost: $242,000.

        • Applicant: Seven Hills School. Site: 2726 Johnstone Place. Purpose: Addition. Contractor: Messer Construction Co. Cost: $225,000.

        • Applicant: MSD. Site: 1600 Gest St. Purpose: Alteration. Contractor: MSD. Cost: $207,000.

        • Applicant: Spring Grove Cemetery. Site: 4521 Spring Grove Ave. Purpose: New building. Contractor: Adkins Construction. Cost: $207,000.

        • Applicant: Cincinnati Board of Education. Site: 1510 California Ave. Purpose: Alteration. Contractor: Cincinnati Board of Education. Cost: $200,000.

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: 5900 Pfeiffer Road, Blue Ash, 45242. Use: Motels and tourist cabin. Price: $3,932,457. Buyer: Red Elm LLC. Seller: Red Roof Inns Inc.

        • Property: 145 Caldwell Drive, Springfield Township, 45216. Use: Medium manufacture and assembly. Price: $2,322,000. Buyer: Sherwin Williams Co. Seller: General Polymers Corp.

        • Property: 218 Southern Ave., Corryville, 45219. Use: Apartment building. Price: $1,000,000. Buyer: Cincinnati Property Management of Ohio LLC. Seller: Gamble Realty Co.

        • Property: 5723 Signal Hill Court, Miami Township, 45150. Use: Restaurant/cafe/bar. Price: $900,000. Buyer: Just About Cash Ltd. Liability Co. Seller: Signal Hill Partnership.

        • Property: 2753 Linshaw Court, Mount Lookout, 45208. Use: Apartment building. Price: $685,000. Buyer: B. David and Linda K. Fish. Seller: Briarlake Limited.

        • Property: Jaygee Drive, Franklin, 45005. Use: Commercial warehouse. Price: $452,000. Buyer: Donavan C. and Christine S. Kessler. Seller: Exotic Rubber & Plastics.

        • Property: 2439 Alexandria Pike, Highland Heights, 41076. Use: Commercial structures. Price: $410,000. Buyer: Robert B. McGohan. Seller: Gary L. Traylor.

        • Property: Smith Road, Union Township, 45069. Use: Commercial vacant land. Price: $400,000. Buyer: Joseph J. Recchie Sr. Seller: Concorde Capital Corp.

        • Property: 6633 Wyndwatch Drive, Anderson Township, 45230. Use: Abated, municipal improvement. Price: $325,000. Buyer: Christopher L. and Kelly A. Lyle. Seller: Paul Hauck.

        • Property: 740 Main St., Milford, 45150. Use: Supermarket. Price: $320,000. Buyer: Ackermann Holdings Limited. Seller: Patricia Lehr.

        • Property: Smith Road, Union Township, 45069. Use: Commercial vacant land. Price: $273,000. Buyer: Joseph J. Recchie Sr. Seller: Concorde Capital Corp.

        • Property: Ohio 131, Miami Township, 45150. Use: Commercial vacant land. Price: $250,000. Buyer: Milford Office Park Inc. Seller: Faith Publishing Co. Inc.

        • Property: 907 Vine St., downtown, 45202. Use: Restaurant/cafe bar. Price: $223,000. Buyer: Robert L. Lenhart Jr. Seller: Phyllis Fine.

        • Property: 1585 Goodman Ave., North College Hill, 45224. Use: Drive-in, fast food. Price: $220,000. Buyer: Warren R. and Elizabeth R. Remle. Seller: Nelson E. Bowlus, trustee.

        • Property: 7125 Reading Road, Roselawn, 45237. Use: Office building. Price: $215,000. Buyer: Herbert G. Feingold. Seller: Roselawn Properties.

        • Property: 5562 Beechmont Ave., Mount Washington, 45230. Use: Apartment building. Price: $211,500. Buyer: Daniel T. and Rebecca A. Scullin. Seller: Marylin Sutton.

       



Updated Microsoft breakup coverage from Associated Press
Delta, American discussing merger?
European airlines join merger mania
Alliance Laundry shrinking work force
New P&G facility praised
Index puts Convergys in spotlight
Mitsubishi to announce $27M expansion in Mason
Tool awards boost grads
What's the Buzz?
Tristate Business Summary
- Commercial Real Estate
Tainted firm solicits money