Hamilton County taps real estate experts for $53 million crime lab

http://www.bizjournals.com/cincinnati/news/2017/01/23/hamilton-county-taps-real-estate-experts-for-53.html

Hamilton County has tapped Cushman & Wakefield to help develop and build a new crime lab.

Hamilton County Administrator Jeff Aluotto said the county is working with Cushman & Wakefield’s office tenant advisory group as a real estate consultant. The team is assisting with due diligence, site possibilities, constructibility analysis and supplementing the county’s staff where needed as well as overseeing the design and build process.

The current crime lab and morgue is located at 3159 Eden Ave. in Corryville. That facility is cramped and outdated. At one point, the county studied moving the crime lab and morgue to the former Mercy Health Hospital in Mount Airy but decided the facility would be too expensive to renovate and maintain.

The county is focused on a property in Blue Ash for the new facility at this point, an 11-acre site at 4300 Glendale-Milford Road. The county is performing due diligence on the property, which is owned by an affiliate of Neyer Properties Inc. Aluotto said the county has four months for this process but is hoping to move faster one way or another.

Aluotto said the county’s facilities office is reviewing architecture and engineering proposals and setting up interviews. He expects a selection could be made in the next month and a half.

 

Dotloop doubles its Cincinnati headquarters

http://www.bizjournals.com/cincinnati/news/2017/01/26/dotloop-doubles-its-cincinnati-headquarters.html

Dotloop, the fast-growing startup that was acquired by Zillow Group Inc. in 2015, more than doubled the size of its Cincinnati office.

With the expansion, Dotloop will occupy nearly 24,400 square feet of space in the Longworth Hall building at 700 W. Pete Rose Way by the summer of 2017. The company has more than 120 employees in its Cincinnati headquarters.

“We have been at capacity in our current space for a while – and after the acquisition by Zillow Group in 2015, our growth only accelerated,” Austin Allison, founder and general manager of Dotloop, said in a news release. “Expanding our space in Cincinnati allows us to hire more great employees and support our growth.”

Dotloop is an online transaction and productivity optimization platform for real estate. It enables agents, brokers and third-party service providers to complete transactions online through “loops” of people, documents and tasks.

 

Speculative West Chester industrial building lands tenant

http://www.bizjournals.com/cincinnati/news/2017/01/25/speculative-west-chester-industrial-building-lands.html

Kosei, a North American distributor of aluminum wheels to the original equipment manufacturer market and after-market, leased 48,000 square feet of space in a roughly 139,000-square-foot speculative industrial building in West Chester Township.

Kosei will move into the last available space at 7401 Union Centre Blvd. The building, Port Union E, was developed by Indianapolis-based Becknell Industrial. Becknell owns three buildings in the Cincinnati market and is pursuing additional build-to-suit and speculative development opportunities and acquisitions.

Polymet Corp. signed a long-term lease for nearly 91,000 square feet of space in the Port Union E building at the end of 2016. The Kosei lease fills the remainder of the building.

 

$140 million mixed-use development coming north of Cincinnati

http://www.bizjournals.com/cincinnati/news/2017/01/27/exclusive-140-million-mixed-use-development-coming.html

A local developer is planning to build a $140 million mixed-use development north of Cincinnati.

The “District at Deerfield “mixed-use development will be located on a 28-acre site spanning from Wilkens Boulevard to Mason-Montgomery Road at Parkway Drive. Currently, Parkway Drive dead ends, but it will connect Mason-Montgomery Road to Wilkens Boulevard through the development.

District at Deerfield is designed to have five apartment buildings surrounding the development’s pool, clubhouse and leasing office and open active space. Two additional buildings will be a combination of commercial and residential. In total, there will be 362 one-bedroom and two-bedroom apartments in these buildings, with rent ranging from $1,150 to $2,200 per month.

The developer has dedicated space for a 25,000-square-foot upscale grocer, along with a 10,000-square-foot retail or office building with an outdoor gathering space. There are also plans for a 95-room hotel.

Blue Ash-based developer, Silverman and Co., typically acts as its own general contractor, but will be hiring a construction manager for this project. That selection has not been made yet.

The final component would be a medical office building for Mercy Health. Silverman said the developer would sell about 7 acres to Mercy Health for the new building. While Mercy Health will build its own facility, Silverman said it will be integrated into the overall District at Deerfield development.

Silverman expects District at Deerfield will take a couple of years to completely build out. The goal would be to have District at Deerfield completed in 2020.

 

Moving/storage company leases new warehouse

http://www.bizjournals.com/dayton/news/2017/01/24/exclusive-moving-storage-company-leases-new.html

A Dayton-based moving and storage company signed a lease for a Vandalia industrial building, picking up its fifth warehouse and looking to hire more workers.

Lewis & Michael Inc. recently took on additional commercial trucking and storage work, which prompted the company to lease a space at a 100,000-square-foot warehouse just east of Interstate 75, at 3931 Image Drive.

The company’s core lease is for 77,800 square feet and is another 28,000 square feet that it can use as overflow if needed.

The moving and storage company now has about 90 employees and contractors — though the employee count swings with the season — and will need to take on about 10 to 12 additional drivers, warehouse workers and clerks to help manage the new contract.