Sunday, April 6, 2003

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:

Cincinnati Children's Hospital Medical Center. Site: 3333 Burnet Ave. Purpose: Addition. Contractor: Messer Construction Co. Cost: $636,000.

Lutz File & Tool Co. Site: 455 Red Bank Expressway. Purpose: New building. Contractor: Neyer Properties. Cost: $321,000.

Bike Rack Properties LLC. Site: 3836 Reading Road. Purpose: Alteration. Contractor: Bike Rack Properties LLC. 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):

• 7767 Montgomery Road, Sycamore Township, 45236. Use: Office building. Price: $990,000. Buyer: Sean S. Properties LLC. Seller: Richard W. Engel.

• 11790 Lebanon Road, Sharonville, 45241. Use: Auto service station. Price: $510,000. Buyer: Speedway SuperAmerica LLC. Seller: C Store Partners LLC.

• 132 Rockaway Ave., Sayler Park, 45233. Use: Apartment building. Price: $505,000. Buyer: Kevin J. and Lynn M. Alexander. Seller: PAH Properties LLC.

• 2424 Quatman Ave., Norwood, 45212. Use: Apartment building. Price: $500,000. Buyer: David A. Ratajczak. Seller: Cornerstone Realty Investments Limited.

• 200 Vine St., Highland Heights/Cold Spring, 41076. Use: Commercial structures. Price: $395,000. Buyer: Harold N. and Joan Davidson. Seller: Robert A. Cox.

• 9309 Montgomery Road, Montgomery, 45242. Use: Office building. Price: $335,400. Buyer: Glock Real Estate LLC. Seller: James D. Glass, trustee.

• 807 Race St., Mount Adams-downtown, 45202. Use: Medical/clinic and office. Price: $325,000. Buyer: Beavanoff Properties LLC. Seller: Mary E. Stonemetz, trustee.

• 112 Renshaw Ave., Highland Heights/Cold Spring, 41076. Use: Commercial structures. Price: $325,000. Buyer: Markus Properties LLC. Seller: Muewch Properties Inc.

• 601 W. Main St., Batavia Village, 45103. Use: Commercial structures. Price: $275,000. Buyer: Shortstop Enterprises LLC. Seller: Lewis Distributing Co.

• 2190 Victory Parkway, Walnut Hills, 45206. Use: Commercial County Specific. Price: $227,500. Buyer: Dorger Real Estate Investments LLC. Seller: Kathryn J. Deardorff.




TOP BUSINESS STORIES
Will home sales rise or fall?
Zimmerman leaves Federated better than it was
ATMs' 'foreign fees' rise
People turn to idealism during crisis

SMALL BUSINESS
General Tool leader in its industry
Business Notes
Child-care benefit easy to provide

REAL ESTATE
Industry notes: Commercial real estate
Commercial real estate projects & transfers

LISTINGS
Business Meetings This Week
Bankruptcies