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Sunday, October 28, 2001

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: City of Cincinnati Water Works. Site: 5651 Kellogg Ave. Purpose: Addition. Contractor: To be determined. Cost: $5,880,000.

        • Applicant: Seven Hills School. Site: 5400 Red Bank Road. Purpose: Mechanical. Contractor: Messer Construction Co. Cost: $1,700,000.

        • Applicant: City of Cincinnati Water Works. Site: 5651 Kellogg Ave. Purpose: Addition. Contractor: To be determined. Cost: $1,596,000.

        • Applicant: Children's Hospital Medical Center. Site: 3333 Burnet Ave. Purpose: Alteration. Contractor: Messer Construction Co. Cost: $500,000.

        • Applicant: Skyline Chili Inc. Site: 3714 Warsaw Ave. Purpose: New building. Contractor: To be determined. Cost: $345,000.
       • Applicant: Duke Realty. Site: 525 Vine St. Purpose: Alteration. Contractor: Duke Construction Management Co. Cost: $300,000.

        • Applicant: JDB Investments Co. Site: 3949 Red Bank Road. Purpose: New building. Contractor: Osterfeld Construction Inc. Cost: $250,000.

Transfers

        The most expensive commercial property transfers recorded recent ly 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 First American Real Estate Solutions, publisher of the Pace Report, from county records):

        • Property: 5555 Glenway Ave., Westwood, 45238. Use: Neighborhood shopping center. Price: $15,554,912. Buyer: SSC Western Hills Market Place LLC. Seller: Duke Realty Limited Partnership.

        • Property: 4794 Fields Ertel Road, Deerfield Township, 45249. Use: Community shopping center. Price: $13,936,971. Buyer: SSC Kings Mall LLC. Seller: Duke Realty Limited Partnership.

        • Property: 9135 Fields Ertel Road, Symmes Township, 45249. Use: Community shopping center. Price: $13,663,322. Buyer: SSC Governor's Plaza Center LLC. Seller: Duke Realty Limited Partnership.

        • Property: 9365 Fields Ertel Road, Symmes Township, 45249. Use: Discount store. Price: $12,255,743. Buyer: SSC Governor's Plaza WM LLC. Seller: Duke Realty Limited Partnership.

        • Property: 822 Ohio 74, Union Township, 45245. Use: Retail structure. Price: $10,760,134. Buyer: SSC Eastgate Square GR LLC. Seller: Duke Realty Limited Partnership.

        • Property: 11741 Princeton Pike, Springdale, 45246. Use: Discount store. Price: $10,627,323. Buyer: SSC Tri County Marketplace LLC. Seller: Duke Realty Limited Partnership.

        • Property: 4394 Eastgate Square Drive, Union Township, 45245. Use: Community shopping center. Price: $7,290,198. Buyer: SSC Eastgate Square Center. Seller: Duke Realty Limited Partnership.

        • Property: 9673 Kings Auto Mall Road, Deerfield Township, 45249. Use: Auto sales and service. Price: $3,150,000. Buyer: TLC Realty LLC. Seller: Argonaut Holdings Inc.

        • Property: 9450 Fields Ertel Road, Symmes Township, 45249. Use: Discount store. Price: $2,843,987. Buyer: SSC Montgomery Crossing LLC. Seller: Duke Realty Limited Partnership.

        • Property: 4585 Mulhauser Road, West Chester Township, 45011. Use: Industrial warehouse. Price: $2,425,000. Buyer: Southern Ohio Holding Organized LLC. Seller: ACG Equity Associates Limited Partnership.

        • Property: 4100 Montgomery Road, Deerfield Township, 45140. Use: Retail structure. Price: $2,422,656. Buyer: SSC Montgomery Crossing LLC. Seller: Duke Realty Limited Partnership.

        • Property: Toebben Drive, Florence, 41042. Use: Commercial vacant land. Price: $2,365,109. Buyer: NBS Boone LLC. Seller: Toebben Limited.

        • Property: 9151 Fields Ertel Road, Symmes Township, 45249. Use: Discount store. Price: $2,189,979. Buyer: SSC Governor's Plaza Center LLC. Seller: Duke Realty Limited Partnership.

        • Property: 3825 Ferdinand Place, Oakley, 45209. Use: Apartment building. Price: $1,900,000. Buyer: James W. McGrath. Seller: Dil/Sun Ventures LLC.

        • Property: 423 Scott St., Covington, 41011. Use: Auto service station. Price: $1,630,000. Buyer: Bruce A. Krone, trustee. Seller: Howard Adams.

        • Property: 920 W. Fifth St., Queensgate, 45202. Use: Industrial warehouse. Price: $1,300,000. Buyer: Fresh Center Enterprises LLC. Seller: U.S. Foodservice Inc.

        • Property: 6124 Ambassador Drive, Fairfield, 45014. Use: Regional shopping center. Price: $1,260,125. Buyer: M&D Development Properties LLC. Seller: Tas Development Co. LLC.

        • Property: 4953 Houston Road, Florence, 41042. Use: Commercial vacant land. Price: $1,100,000. Buyer: T&Z Restaurant Inc. Seller: Lin & Lo Inc.

        • Property: Gilmore Road, Fairfield, 45011. Use: Regional shopping center. Price: $902,389. Buyer: OSF International Inc. Seller: Gator Forest Partners Limited.

        • Property: 2728 Vine St., Corryville, 45219. Use: Retail/office. Price: $775,000. Buyer: Corryville Economics Development Corp. Seller: Hezekiah G. Shani.

        • Property: 11229 Reading Road, Sharonville, 45241. Use: Retail store. Price: $540,000. Buyer: Vosick Enterprises Limited. Seller: Select Dama Limited.

        • Property: 1000 Valley View Lane, Loveland, 45140. Use: Apartment building. Price: $535,000. Buyer: Robert and Frank L. Jackson, trustees. Seller: Richard A. Hartz, trustee.

        • Property: 3790 Hauck Road, Sharonville, 45241. Use: Office building. Price: $510,000. Buyer: OWH Investments LLC. Seller: Hauck Road Partnership.

        • Property: 3208 Jefferson Ave., Clifton, 45220. Use: Office building. Price: $350,000. Buyer: Duckworth Enterprises LLC. Seller: Old Chapel Holdings.

        • Property: Commerce Center Drive, Franklin, 45005. Use: Commercial vacant land. Price: $320,773. Buyer: Team Property LLC. Seller: Peabody Development Co.

        • Property: 974 Dana Ave., Avondale, 45229. Use: Apartment building. Price: $315,000. Buyer: J. Scott Thompson. Seller: Michael Bailey.

        • Property: 36 W. Hollister St., Corryville, 45219. Use: Office building. Price: $312,000. Buyer: Sparkpeople Properties LLC. Seller: Hollister Cincinnati Properties LLC.

        • Property: 632 Nelson Place, Newport/Southgate, 41071. Use: Commercial structures. Price: $300,000. Buyer: Brett and Jacqueline Cade. Seller: Nellie Barton.

        • Property: 5963 Cheviot Road, Green Township, 45247. Use: Restaurant/cafe/bar. Price: $280,000. Buyer: Wayne G. and Veronica A. Richards. Seller: Hilbert Goebel.

        • Property: 736 Madison Ave., Covington, 41011. Use: Commercial structures. Price: $275,000. Buyer: Kenneth D. Jameson LLC. Seller: Cuz Realty.

        • Property: 974 Dana Ave., Avondale, 45229. Use: Apartment building. Price: $267,000. Buyer: Michael Bailey. Seller: Taylor Rosenfeld.

        • Property: 801 Ellison Ave., East End, 45226. Use: Apartment building. Price: $232,000. Buyer: Gregory J. Haverkamp and Michael A. Buzek. Seller: William B. Singer.

        • Property: 918 Washington Ave., Bellevue, 41073. Use: Commercial structures. Price: $200,000. Buyer: Brett and Jacqueline Cade. Seller: Cresco Investments LLC.

       



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