Thursday, May 06, 1999
INDUSTRY NOTES: REAL ESTATE
Military again picks Monarch
BY RANDY TUCKER
The Cincinnati Enquirer
Cincinnati-based Monarch Construction has been awarded an $18.8 million military contract to build the fourth phase of the Acquisition Management Complex at Wright-Patterson Air Force Base.
The Air Force also selected Monarch to build the previous three phases of the project valued at $60 million.
The fourth phase is expected to be completed by late 2000.
In 1997, Monarch was named Contractor of the Year by the Army Corps of Engineers, which chose Monarch over all other contractors involved in military construction contracts, the company said.
Century to build part of high school facility
Century Construction of Erlanger has been awarded a $900,000-plus contract to build the grandstands and erect lighting fixtures at the Boone County High School athletic field.
The project will include a new communications system and renovation of the existing running track.
Construction is to be completed by fall in time for the start of the football and soccer seasons.
Century was also recently selected by the Bank of Kentucky to be the general contractor in charge of renovating the Mosler Building at Third and Scott streets in Covington.
The project is valued at $1.8 million.
Colliers brokered sale of Clifton restaurant
Rob Taylor and John Frank of Cincinnati's Colliers International recently brokered the $748,000 sale of Bruegger's Bagels Restaurant at 3317 Clifton Ave. to Anthony Sansalone, trustee for the local group of investors that bought the 2,583-square-foot, freestanding restaurant.
Messrs. Taylor and Frank represented the seller, Boston-based College Street Investments.
Chicago area real estate firm to serve P&G
Cincinnati's Procter & Gamble Co. has chosen Cushman & Wakefield of suburban Chicago to be its sole provider of real estate services across the United States.
Cushman & Wakefield will be the exclusive real estate consultant, agent and broker for P&G's real estate projects.
Financial terms of the deal were not disclosed.
Cincinnati Bell gets ready for strike
Bell gets OK to operate in 55 counties
Tristate dollar goes a long way
Report: Region basks in glow of robust economy
P&G's Prell brand looking for a buyer
TRISTATE BUSINESS SUMMARY
INDUSTRY NOTES: REAL ESTATE
COMMERCIAL REAL ESTATE TRANSFERS
PEOPLE ON THE MOVE
TRISTATE MARKET SPOTLIGHT
