Thursday, June 15, 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: Sabis Educational Systems Inc. Site: 244 Southern Ave. Purpose: Alteration. Contractor: Bell Construction Services LLC. Cost: $2 million.

        • Applicant: City of Cincinnati. Site: 205 Central Ave. Purpose: Parking lot. Contractor: General Services. Cost: $900,000.

        • Applicant: Hamilton County Board of Commissioners. Site: 399 W. Pete Rose Way. Purpose: Fire alarm. Contractor: Ermco/United. Cost: $250,000.

        • Applicant: Red Bank P.O.B. LLC. Site: 4850 Red Bank Expressway. Purpose: Foundation. Contractor: Cintech Construction Inc. Cost: $244,000.

        • Applicant: Procter & Gamble Co. Site: 4700 Este Ave. Purpose: Addition. Contractor: Fluor Daniel. 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: 740 Kings Run Drive, Winton Place, 45232. Use: Parking garage. Price: $2,132,252. Buyer: Kings Court Realty LLC. Seller: Green Ivy Investments Ltd.

        • Property: 400 Circle Freeway Drive, Fairfield 45042. Use: Industrial vacant land. Price: $1.4 million. Buyer: Milliken Enterprises Ohio LLC. Seller: MMI Inc.

        • Property: 463 Pedretti Ave., Delhi Township, 45238. Use: Apartment building. Price: $1,163,900. Buyer: Roark Development LLC. Seller: Pamela Miller.

        • Property: 12290 Chandler Drive, Walton 41094. Use: Commercial warehouse. Price: $1,050,000. Buyer: Fred B. and Mary A. Hines. Seller: Charles Worley.

        • Property: Town Drive, Newport/Southgate, 41071. Use: Commercial structures. Price: $917,000. Buyer: Waco Oil Co. Inc. Seller: KKC Oil Inc.

        • Property: 4214 Bridgetown Road, Cheviot, 45211. Use: Medical clinic and office. Price: $805,000. Buyer: Hook/SupeRx Inc. Seller: North American Christian Convention.

        • Property: 8001 Reading Road, Sycamore Township, 45237. Use: Retail store. Price: $800,000. Buyer: Sitaram Inc. Seller: Brass Ring Properties Limited, trustee.

        • Property: 4122 Bridgetown Road, Cheviot, 45211. Use: Retail store. Price: $675,000. Buyer: Hook/SupeRx Inc. Seller: M&S Supplies LLC.

        • Property: 6226 Montgomery Road, Pleasant Ridge/Kennedy Heights, 45213. Use: Auto service station. Price: $644,000. Buyer: Kenneth W. and Kimberly J. Wilson. Seller: Lowell W. Reese.

        • Property: 162 Barnwood Drive, Fort Mitchell, 41017. Use: Medical clinic and office. Price: $565,000. Buyer: William A. Kreutzjans. Seller: Ghahreman Khodadad, trustee.

        • Property: 4544 Mulhauser Road, Union Township, 45011. Use: Food/drink processing. Price: $561,000. Buyer: Fred D. and Robert Kanter. Seller: Wise Brothers.

        • Property: 10 Beech St., Oxford, 45056. Use: Theater. Price: $530,000. Buyer: Great Escape Lagrange LLC. Seller: Princess 4 Theatres Inc.

        • Property: 2919 Jonrose Ave., Colerain Township, 45239. Use: Apartment building. Price: $446,684. Buyer: Jerry W. and Karen S. Thompson. Seller: A&J Properties.

        • Property: 7847 Tanners Lane, Florence, 41042. Use: Office building. Price: $435,000. Buyer: Compass Land Management LLC. Seller: AAA Cincinnati Inc.

        • Property: 10093 Princeton-Glendale Road, Union Township, 45011. Use: Machine tool shop. Price: $390,000. Buyer: Reading Rock Inc. Seller: Ernst Enterprises Inc.

        • Property: 8960 Bankers St., Burlington 41005. Use: Commercial vacant land. Price: $385,000. Buyer: Florence Chevrolet Inc. Seller: D C KY 18 LLC.

        • Property: 6567 Wyndwatch Drive, Anderson Township, 45230. Use: Abated, municipal improvement. Price: $350,000. Buyer: Kimberly C. Labar. Seller: Glen Massey.

        • Property: 4118 Bridgetown Road, Cheviot, 45211. Use: Apartment building. Price: $310,000. Buyer: Hook SupeRx Inc. Seller: Thomas L. Kleine.

        • Property: 104 William Howard Taft Road, Corryville, 45219. Use: Parking garage. Price: $299,000. Buyer: Cymru Limited. Seller: Christ Hospital Health Services Corp.

        • Property: 101 E. North St., Reading, 45215. Use: Apartment building. Price: $277,000. Buyer: Firstar Bank, trustee. Seller: Ramee Properties.

        • Property: 120 Citycentre Drive, Carthage, 45216. Use: Industrial property. Price: $273,000. Buyer: 120 City Center. Seller: Jeffrey C. Beaty.

        • Property: 4101 Harrison Pike, Cheviot, 45211. Use: Auto sales and service. Price: $235,000. Buyer: Hook/SupeRx Inc. Seller: Earl Gusweiler.

       



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- COMMERCIAL REAL ESTATE