Sunday, July 14, 2002

Commercial Real Estate Projects & Transfers




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: Frank Dollar Stores. Site: 1521 Queen City Ave. Purpose: New building. Contractor: Berry Construction Co. Inc. Cost: $426,000.

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 First American Real Estate Solutions, publisher of the Pace Report, from county records):

        • Property: 3630 E. Kemper Road, Sharonville, 45241. Use: Medium manufacturing and assembly. Price: $10,000,000. Buyer: JD Real Estate Subsidiary LLC. Seller: Diversey Lever Inc.

        • Property: 8154 Montgomery Road, Madeira, 45236. Use: Retail structure. Price: $5,188,000. Buyer: W Russell Wilson, trustee. Seller: Al Neyer Inc.

        • Property: 800 Cincinnati Ave., Lebanon, 45036. Use: Commercial warehouse. Price: $1,800,000. Buyer: Assc LB LLC. Seller: American Heritage Prop.

        • Property: 420 W. Fourth St., Covington/Fort Mitchell/Fort Wright, 41011. Use: Drive-in, fast food. Price: $1,702,702. Buyer: Julie Malone. Seller: FC Venture I LLC.

        • Property: 8480 Cincinnati Columbus Road, West Chester Twp., 45069. Use: Commercial warehouse. Price: $1,200,000. Buyer: Custom Coasters Inc. Seller: June Dinn.

        • Property: 7725 Five Mile Road, Anderson Township, 45230. Use: Restaurant/cafeteria/bar. Price: $1,158,600. Buyer: Fuddruckers Inc. Seller: GE Capi tal Franchise Finance Corp.

        • Property: 315 S. West St., Lebanon, 45040. Use: Light manufacturing and assembly. Price: $1,150,000. Buyer: Innatech LLC. Seller: Lebanon Plastics Inc.

        • Property: 7725 Five Mile Road, Anderson Township, 45230. Use: Restaurant/cafeteria/bar. Price: $925,000. Buyer: El Ranchito Inc. Seller: Fuddruckers Inc.

        • Property: 300 Conover Drive, Franklin City, 45005. Use: Light manufacturing and assembly. Price: $900,000. Buyer: Nestor & Debora K Fernandez Jr. Seller: Nestor A Fernandez.

        • Property: 3891 Bennett Road, Union Township, 45245. Use: Apartments. Price: $715,000. Buyer: Angela M. Bollinger, trustee. Seller: David Gold.

        • Property: 1114 Ferris Road, Union Township, 45102. Use: Shop (machine tool). Price: $700,000. Buyer: Curran Family Partners LLC. Seller: Dornbach Enterprises LLC.

        • Property: 7980 Kentucky Drive, Florence, 41042. Use: Commercial warehouse. Price: $595,000. Buyer: Wells Fargo Bank Northwest, trustee. Seller: Marvin Kleinman, trustee.

        • Property: 61 Carothers Road, NewPort/Southgate, 41071. Use: Other commercial structures. Price: $506,000. Buyer: BFS Retail & Commercial Operations LLC. Seller: Bridgestone/Firestone Tire.

        • Property: 50 Heffron Drive, Fairfield City, 45014. Use: Commercial vacant land. Price: $500,000. Buyer: Srbrock Apartments LLC. Seller: Donald F Helton.

        • Property: 5151 Anderson Ferry Road, Delhi Township, 45238. Use: Commercial vacant land. Price: $450,000. Buyer: Assc WH LLC. Seller: American Heritage Properties Inc.

        • Property: 7345 Kingsgate Way, West Chester Twp., 45069. Use: Retail. Price: $430,000. Buyer: Majid A Qureshi, trustee. Seller: Donald Kerns.

        • Property: 602 Philadelphia St., Covington/Fort Mitchell/Fort Wright, 41011. Use: Office building. Price: $420,000. Buyer: Lawrence Firm P S C. Seller: Margie Rigg.

        • Property: 4250 Ferguson Drive, Union Township, 45245. Use: Office building, one to two stories. Price: $385,000. Buyer: BCK3 Limited. Seller: L and B Investments Ltd.

        • Property: State Route 4, Madison Township, 45042. Use: Commercial vacant land. Price: $325,000. Buyer: Greg Saylors. Seller: Butler County Sheriff.

        • Property: Duro Way, Walton area, 41094. Use: Commercial vacant land. Price: $320,000. Buyer: Robert E Smittcamp. Seller: Shelly S Gerson.

        • Property: 1836 Route 125, Batavia Township, 45102. Use: Other commercial structures. Price: $300,000. Buyer: Eric J & Tracy C Luginbuhl. Seller: Harold B Campbell, trustee.

        • Property: 2310 Route 32, Batavia Township, 45103. Use: Commercial warehouse. Price: $300,000. Buyer: Batavia Local School District. Seller: James B Taylor.

        • Property: 4206 Harrison Ave., Green Township, 45211. Use: Restaurant/cafeteria/bar. Price: $275,000. Buyer: Gary J & Cynthia H Stacey. Seller: Richard Middendorf.

        • Property: 668 Glen Parker Ave., Cumminsville, 45223. Use: Apartments. Price: $260,000. Buyer: Thomas O. Miller, trustee. Seller: Glen Parker Apartments LLC.

        • Property: 731 Gordon Smith Blvd., Hamilton, 45013. Use: Apartments. Price: $247,000. Buyer: Deborah Ware-Sparks. Seller: Lan P Carrier.

        • Property: 116 William Howard Taft Road, Corryville, 45219. Use: Apartments. Price: $210,000. Buyer: Cincinnati Surveying & Appraising Inc. Seller: Frank G Fox.

       



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