Sunday, May 18, 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:

660 Lincoln LLC. Site: 660 Lincoln Ave. Purpose: Alteration. Contractor: Al Neyer Inc. Cost: $750,000.

660 Lincoln LLC. Site: 660 Lincoln Ave. Purpose: Mechanical alteration. Contractor: Debra-Kuempel. Cost: $325,000.

Meijer Inc. Site: 4825B Marburg Ave. Purpose: Addition. Contractor: BBL Construction Services LLC. Cost: $300,000.

E.W. Scripps Co.Site: 312 Walnut St. Purpose: Alteration. Contractor: To be determined. Cost: $275,000.

E.W. Scripps Co. Site: 1720 Gilbert Ave. Purpose: Plumbing. Contractor: Guenther Stark. Cost: $245,000.

Riverwalk Cincinnati LLC. Site: 2260 Eastern Ave. Purpose: Foundation. Contractor: Al Neyer Inc. 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 First American Real Estate Solutions, publisher of the Pace Report, from county records):

• 2155 Roosevelt Ave., Springfield Township, 45240. Use: Apartment building. Price: $1,750,000. Buyer: Burney View Apartments II Limited Partnership. Seller: Burney View Apartments Limited.

• 9190 Seward Road, Fairfield, 45014. Use: Industrial warehouse. Price: $1,350,000. Buyer: CDI Holding LLC. Seller: GMP Properties Inc.

• 2419 Ohio Ave., Corryville, 45219. Use: Apartment building. Price: $848,000. Buyer: Roger L. and Jennifer G. Wells. Seller: Ohio Avenue Limited.

• 7405 Industrial Row Road, Mason, 45040. Use: Machine tool shop. Price: $540,000. Buyer: Fenwood LLC. Seller: G. Edward Gibbs LLC.

• 5139 Hawaiian Terrace, Cumminsville, 45223. Use: Apartment building. Price: $500,000. Buyer: CIRE LLC. Seller: Winton Savings & Loan Co.

• 2460 Pleasant Ave., Hamilton, 45015. Use: Retail store. Price: $475,000. Buyer: Dennis M. and Linda S. Reiter. Seller: William B. Raines.

• 10235 Colerain Ave. Colerain Township, 45251. Use: Discount store. Price: $457,700. Buyer: FPRO 120 LLC. Seller: CBREI 1031Fort 1 LLC.

• Burlington Pike, Burlington, 41005. Use: Commercial vacant land. Price: $425,000. Buyer: Burlington Office Complex LLC. Seller: Julian McKenzie IV LLC.

• 6817 Wooster Pike, Mariemont, 45227. Use: Apartment building. Price: $313,000. Buyer: Barbara R. Cropper. Seller: Valerie K. Duplain.

• 531 E. 13th St., downtown, 45202. Use: Apartment building. Price: $285,000. Buyer: Edwin P. Waterman. Seller: Douglas J. Ford.

• 2915 Westwood Northern Blvd., Westwood/East Westwood, 45211. Use: Apartment building. Price: $280,000. Buyer: Matthew P. Gelinske. Seller: JSM Properties LLC.

• 436 Stanley Ave., East End, 45226. Use: Apartment building. Price: $250,000. Buyer: Hively Property Management LLC. Seller: Coho Properties Limited.

• 5556 Elmwood Ave., St. Bernard, 45217. Use: Office building. Price: $222,000. Buyer: Industrial Environments LLC. Seller: Metro Electric Inc.




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SMALL BUSINESS ENTERPRISE
Tax cut bills could offer windfall
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REAL ESTATE
Industry notes: Commercial real estate
Commercial Real Estate Projects & Transfers

MEETINGS & SEMINARS
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