Application Objects Inc. has subleased the 14,600-square-foot space in the Star Bank Center that was vacated by law firm Peck Shaffer & Williams.
The $600,000-plus deal was handled by Jeff Bellamy of LaSalle Partners, who represented Peck Shaffer & Williams, and Ostendorf-Morris Colliers' Mike Hartmann and Bob Ryan, who represented Application Objects Inc.
Application Objects is a professional services information systems consultant and software development company. It employs 25 people. The growing company has leased the space for three years and will relocate from a 2,800-square-foot space in the Gywnne Building at 602 Main St.
Peck Shaffer & Williams has relocated to the PNC Center.
Omni Development buys Clermont acreage
Omni Development Ltd. has bought 2.6 acres in Clermont County to develop an outpatient surgery center. Omni Development bought the property for $431,970 from Calvin and Dorothy Aicholtz.
V. Snowden Armstrong of West Shell Commercial - ONCOR brokered the deal for the Aicholtzes. Detailed plans for the surgery center have not been released, but it is not affiliated with other major medical centers in the area.
Mr. Armstrong said other parcels at the Southwest quadrant of Eastgate Boulevard and Aicholtz Road in Union Township are under contract and expected to close this year.
Northcoast Roofing moving to Butler Co.
Northcoast Commercial Roofing Systems will relocate from Blue Ash to a 25,888-square-foot building in Butler County. The commercial roofing material sales and distribution company has signed a five-year lease on the property with an option to buy.
Northcoast will move in April to the property, which includes five acres and is located at 227 Circle Freeway Drive in Union Township. The company has 10 employees.
Kim Eckhoff, an industrial sales agent with the Everest Group Inc., represented Northcoast.
Sheer & Sheer lands Terre Haute project
Sheer & Sheer Inc., a downtown Cincinnati architecture firm, has landed a contract to design the Terre Haute (Ind.) City Centre project.
The $5 million, mixed-use development will include 60 units of market-rate housing. Cincinnati's Cole + Russell firm will be associate architects, THP Ltd. will be the structural engineers, and H.A. Williams will handle the mechanical engineering.
Ostendorf brokers get Archon award
Ostendorf-Morris Colliers brokers Bob Ryan and Andy Mauk were awarded the 1997 Archon Achievement Award for performance in project leasing at Executive Centre III. Messrs. Ryan and Mauk were named the listing brokers of Executive Centre I, II and III last spring, after the three Tri-County, Class A buildings were sold to a New York partnership.
The property is located at 25 Merchant St., Springdale.
