Deal of the week Property name: 5242-5252- Rialto Road Buyer: Westbelt Realty LLC Seller: Rialto Real Estate Partners LLC Listing broker, firm: Mike Sullivan and Ben McNab, Cushman & Wakefield Buyer’s broker, firm: N/A Price: $1.9 million Deal closed: Oct. 10, 2018 Description of property: A 28,200-square-foot multi-tenant office/warehouse building Address: 5242-5252 Rialto Road, West Chester Township 45069 Behind the deal: The regional private investor acquired the 10-year-old, tilt-up office/warehouse property to add to its Ohio industrial holdings.
A long-planned 135-acre industrial park is scheduled to begin construction later this fall. A joint venture between developer Strategic Capital Partners LLC and real estate finance firm PCCP LLC has purchased the former Hidden Creek at GE Park golf course from an affiliate of Viking Partners for $5.6 million. View Article
A speculative industrial building near Cincinnati/Northern Kentucky International Airport is full, less than six months after construction on the project was completed. Read Full Article
After Neyer Properties Inc.'s latest acquisition, the Evanston-based company is now the largest private landlord in the city of Blue Ash. Read Full Article