Sunday, September 21, 2003

Commercial Real Estate



Projects

The most expensive commercial construction projects or renovations, based on values ($200,000 and up) of building permits issued recently in Cincinnati and Hamilton County:

• Warren R. Remle. Site: 4368 Reading Road. Purpose: New building. Contractor: Lyness Construction. Cost: $500,000.

• Hidden Splendor Partners LLC. Site: 4424 W. Mitchell Ave. Purpose: New building. Contractor: Core Resources. Cost: $385,000.

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 values of $200,000 or more (data collected by First American Real Estate Solutions, publisher of the Pace Report, from county records):

• 551 Murray Road, St. Bernard, 45217. Use: Industrial property. Price: $5,687,500. Buyer: J.M. Smucker LLC. Seller: Procter & Gamble Co.

• 8220 E. Galbraith Road, Sycamore Township, 45236. Use: Office building. Price: $5,620,000. Buyer: First Industrial Development Services Inc. Seller: Northcreek LLC.

• 8010 Montgomery Road, Sycamore Township, 45236. Use: Hotel. Price: $5,125,000. Buyer: Kenwood Towers LLC. Seller: LAGF Associates Limited.

• 10367 Garden Drive, Florence, 41042. Use: Office building. Price: $2,817,500. Buyer: Mosbys Point MHC LLC. Seller: CCF Limited Partnership.




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Commercial real estate