Thursday, March 11, 1999
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: The Cincinnati Enquirer. Site: 1531 Western Ave. Purpose: Addition. Contractor: Dugan & Meyers Construction Co. Cost: $1,800,000.
• Applicant: Argonaut Holding Inc. Site: 3015 Glenhill Way. Purpose: New building. Contractor: Brennan Builders Inc. Cost: $1,117,000.
• Applicant: Medve Group Inc. Site: 3731 Eastern Ave. Purpose: Wrecking. Contractor: To be determined. Cost: $800,000.
• Applicant: The Cincinnati Enquirer. Site: 1531 Western Ave. Purpose: Addition. Contractor: Dugan & Meyers Construction Co. 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 Amerestate Inc., publisher of the Pace Report, from county records):
• Property: 8010 Montgomery Road, Sycamore Township, 45236. Use: Motels and tourist cabin. Price: $3,840,900. Buyer: LAGF Associates CI LLC. Seller: Harley Hotels Inc.
• Property: 209 E. Court St., Mount Adams-downtown, 45202. Use: Parking garage. Price: $2,200,000. Buyer: S. Medoris Co. Seller: Thomas J. Linneman, trustee.
• Property: 6045 Boymel Drive, Fairfield 45014. Use: Apartment building. Price: $2,080,000. Buyer: Thomas J. Sherman, trustee. Seller: Sam Boymel, trustee.
• Property: 1091 N.W. Washington Blvd., Hamilton 45013. Use: Apartment building. Price: $1,085,000. Buyer: Klein Brothers Ltd. Seller: Landco Properties.
• Property: 118 Eighth St., Mount Adams-downtown, 45202. Use: Commercial structures. Price: $1,035,000. Buyer: 120 E. Eighth St. Partners LLC. Seller: C. Loth Inc.
• Property: 3413 McHenry, Westwood-East Westwood, 45211. Use: Apartment building. Price: $985,000. Buyer: Home Properties McHenry Ltd. Seller: Carl Leveridge Jr.
• Property: 4385 Conover Drive, Frank lin 45005. Use: Motels and tourist cabin. Price: $815,000. Buyer: Priya Investments Inc. Seller: Rucha Corp.
• Property: 4385 Conover Drive, Franklin 45005. Use: Motels and tourist cabin. Price: $800,000. Buyer: Rucha Corp. Seller: Raman M. Patel.
• Property: 10400 Evendale Drive, Evendale, 45241. Use: Light manufacturing and assembly. Price: $800,000. Buyer: Douglas Machine and Tool Co. Seller: Electro Jet Tool Co. Inc.
• Property: 100 Sixth St., Franklin 45005. Use: Neighborhood shopping center. Price: $685,000. Buyer: Chari Group Ltd. Seller: Ungar Family Investments Limited Partnership.
• Property: 14 W. Main St., Amelia 45102. Use: Retail structure. Price: $650,000. Buyer: Anthony W. Neltner and Wilfred H. Neltner, trustees. Seller: Thomas P. Fay.
• Property: 1630 Dalton Ave., Queensgate, 45214. Use: Industrial property. Price: $500,000. Buyer: Dalton Avenue Investments LLC. Seller: Frederick G. Krapf III.
• Property: 2876 Banning Road, Colerain Township, 45239. Use: Apartment building. Price: $450,000. Buyer: Jeffrey A. and Tracy L. Maxwell. Seller: Larry A. Barber, trustee.
• Property: 9627 Princeton Glendale Road, Union Township, 45011. Use: Industrial warehouse. Price: $330,000. Buyer: Lois Trapp. Seller: Kenneth R. Schmithorst.
• Property: 110 Eighth St., Mount Adams-downtown, 45202. Use: Office building. Price: $318,000. Buyer: B.W. Talgood Realty Co. Limited. Seller: Irwin Weinberg.
• Property: Aicholtz Road, Union Township, 45245. Use: Commercial vacant land. Price: $300,000. Buyer: Eastgate Professional Park Office Limited. Seller: Fred H. Heis.
• Property: 1834 Amberlawn Ave., Roselawn, 45237. Use: Industrial warehouse. Price: $260,000. Buyer: American Wholesale Florists of Cincinnati Inc. Seller: IMW Co. Ltd.
• Property: 1210 Rutledge Ave., Price Hill, 45205. Use: Apartment building. Price: $252,000. Buyer: David P. and Diane G. Senske. Seller: Howard G. Thieman.
• Property: 7816 U.S. 42, Florence 41042. Use: Retail store. Price: $230,000. Buyer: Collett Properties LLC. Seller: Charles Collett.
• Property: Peach Tree Lane, Erlanger/Elsmere, 41018. Use: Commercial structures. Price: $200,000. Buyer: Young Men's Christian Association of Greater Cincinnati Inc. Seller: H.G. Martin Investments LP.
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INDUSTRY NOTES: REAL ESTATE
COMMERCIAL REAL ESTATE
TRISTATE BUSINESS SUMMARY
TRISTATE MARKET SPOTLIGHT
