Sunday, April 21, 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: McAuley High School. Site: 6000 Oakwood Ave. Purpose: Addition. Contractor: 2 Emcompass. Cost: $3,752,000.

        • Applicant: McAuley High School. Site: 6000 Oakwood Ave. Purpose: Addition. Contractor: 2 Emcompass. Cost: $560,000.

        • Applicant: City of Cincinnati. Site: 21 E. Fifth St. Purpose: Alteration. Contractor: To be determined. Cost: $250,000.

        • Applicant: Building Management. Site: 1 E. Fourth St. Purpose: Alteration. Contractor: Bambeck & Vest. Cost: $250,000.

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: 3259 Madison Road, Oakley, 45209. Use: Industrial property. Price: $1,114,000. Buyer: Alstom Power Inc. Seller: AR Industries Inc.

        • Property: 3950 Virginia Ave., Fairfax, 45227. Use: Industrial warehouse. Price: $700,000. Buyer: Hannibal 33 LLC. Seller: Joseph M. Desch.

        • Property: 7908 Dream St., Florence, 41042. Use: Restaurant/cafe/bar. Price: $700,000. Buyer: Lucero Properties LLC. Seller: Robinson & Robinson Inc.

        • Property: 7705 Vine St., Carthage, 45216. Use: Auto sales and service. Price: $500,000. Buyer: Carl Woerner. Seller: Conley Buick Inc.

        • Property: 3491 Reading Road, Sharonville, 45229. Use: Industrial warehouse. Price: $435,000. Buyer: Jodori Investments LLC. Seller: Tepe and Tepe Properties LLC.

        • Property: 4163 Harrison Ave., Cheviot, 45211. Use: Apartment building. Price: $430,000. Buyer: WEC Group LLC. Seller: Ralph Meier.

        • Property: 10547 Montgomery Road, Montgomery, 45242. Use: Commercial condominiums. Price: $200,000. Buyer: Brace Shop Prosthetic Orthotic Centers Inc. Seller: Unit Six Hundred Investment Centers Inc.

       



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