Ohio

Mastro’s Steakhouse Opens 9,000 SF Fine Dining Restaurant at Easton Town Center in Columbus

by Kristin Harlow April 14, 2025

COLUMBUS, OHIO — Mastro’s Steakhouse, a high-end seafood and steak restaurant, has opened a 9,000-square-foot location at Easton Town Center in Columbus. The restaurant marks the first location in the Midwest for Mastro’s, which operates 22 locations across the country. The Columbus restaurant features two main dining rooms, one private dining room, two outdoor patio spaces, a grand double-faced bar, piano lounge and semi-private wine room. Easton Town Center is home to other upscale restaurants such as Del Mar, Mitchell’s Ocean Club and Cooper’s Hawk Winery & Restaurant.

April 14, 2025

Leasing Activity Midwest Ohio Retail

FNRP Adds Three New Tenants at Carriage Place Shopping Center in Columbus, Ohio

by Kristin Harlow April 11, 2025

COLUMBUS, OHIO — First National Realty Partners (FNRP) has added three new tenants — Fun City Trampoline Park, Pet Supplies Plus and Port of Peri Peri — at Carriage Place shopping center in Columbus. The additions bring the shopping center to 99 percent occupancy. Fun City is open and occupies 35,540 square feet in the space formerly home to Cinemark theater, which closed in 2023. Pet Supplies Plus, set to open in early 2026, will occupy 7,913 square feet. Port of Peri Peri, expected to open in late 2025, will introduce Portuguese African cuisine at its 2,400-square-foot space.

April 11, 2025

Acquisitions Industrial Midwest Ohio

BGO, Crawford Hoying Sell Cold Storage Development in Columbus for $75.7M

by Kristin Harlow April 9, 2025

COLUMBUS, OHIO — BGO and Crawford Hoying have sold a LEED Gold-certified cold storage facility in Columbus for $75.7 million. The 179,000-square-foot speculative development was completed in January. The project features refrigeration and storage technology to support modern food distribution. Contegra Construction was the general contractor, and CBRE was the leasing agent. The buyer was undisclosed.

April 9, 2025

Acquisitions Industrial Michigan Midwest Ohio Wisconsin

MAG Capital Partners Buys 352,625 SF Industrial Portfolio Across Three Midwest States

by Kristin Harlow April 9, 2025

OHIO, MICHIGAN AND WISCONSIN — MAG Capital Partners has purchased a 352,625-square-foot industrial portfolio in a sale-leaseback with Robbins Sports Surfaces, a Cincinnati-based manufacturer of high-performance flooring systems. The properties are located in Ohio, Michigan and Wisconsin and comprise manufacturing, warehouse, lumber processing, milling, finishing, assembly and office space across more than 111 acres. Phil DiGennaro and Joe DiGennaro of STREAM Capital Partners represented the seller.

April 9, 2025

Development Midwest Ohio Retail

Sansone Group, Clous Road Partners Break Ground on 91,000 SF Retail Development in Ohio

by Kristin Harlow April 7, 2025

WEST CHESTER TOWNSHIP, OHIO — Sansone Group and Clous Road Partners have broken ground on Village North, a 91,000-square-foot retail development in West Chester Township near Cincinnati. The 12.6-acre project will feature five buildings and will be anchored by a 40,000-square-foot Whole Foods store. Buffalo Construction will serve as general contractor, while Cushman & Wakefield will handle leasing. Village North is slated to open in 2026.

April 7, 2025

Residences at The Streets of St. Charles

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Morgan Properties Acquires 11-Property Midwest Multifamily Portfolio for $501M

by Channing Hamilton April 4, 2025

CONSHOHOCKEN, PA. — Morgan Properties has acquired a portfolio of 3,054 apartment units across 11 communities in eight states. Chicago-based Trilogy Real Estate Group was the seller in the deal, which was valued at $501 million. The communities — which are located in Illinois, Indiana, Kentucky, Michigan, Missouri, Ohio, Oklahoma and Tennessee — were built between 1989 and 2018. Adam Doneger and Josh King of Newmark brokered the sale of 10 of the communities in the portfolio, while Walker & Dunlop brokered the sale of one property. Morgan Properties states that the firm plans to implement a value-add strategy to increase the marketability and comfort of the properties. Interior upgrades will include the installation of new flooring, appliances, cabinets and countertops, as well as smart home features. The new owner will also expand and refresh the onsite amenities. The acquisition expands Morgan Properties’ apartment holdings to more than 100,000 units across the nation. The Conshohocken-based development and investment firm now owns and operates roughly 360 communities in 22 states. “As we continue to strategically expand our national portfolio, we remain selective and opportunistic in this environment,” said Jonathan Morgan and Jason Morgan, co-presidents of Morgan Properties. “Morgan Properties has a proven …

April 4, 2025

Development Midwest Multifamily Ohio

Milhaus, Parse Capital Break Ground on 306-Unit Multifamily Property in Springdale, Ohio

by Kristin Harlow April 3, 2025

SPRINGDALE, OHIO — Milhaus has partnered with Parse Capital to break ground on Slate, a 306-unit multifamily property in Springdale near Cincinnati. Located at 505 W. Crescentville Road, Slate will feature 216 garden-style apartment units and 90 townhomes across 22 buildings. Amenities will include a resident lounge, pool, coffee bar, fitness center and bark park. First Financial Bank is providing financing for the development, which marks Milhaus’ second project in Springdale following Array in 2023. Construction of Slate is slated for completion in spring 2026.

April 3, 2025

Acquisitions Hospitality Midwest Ohio

Laurel Real Estate Negotiates Sale of 82-Room Fairfield Inn & Suites Hotel Near Cleveland

by Kristin Harlow April 3, 2025

AVON, OHIO — Laurel Real Estate Co. has negotiated the sale of the Fairfield Inn & Suites hotel in Avon near Cleveland for an undisclosed price. The 82-room property is located at 39050 Colorado Ave. Amenities include an indoor pool, fitness center and meeting space. Laurel represented the undisclosed seller and was the sole brokerage involved in the transaction, which was considered an off-market deal.

April 3, 2025

Acquisitions Industrial Midwest Ohio

Marcus & Millichap Negotiates $3.8M Sale of Industrial Property in Sidney, Ohio

by Kristin Harlow April 1, 2025

SIDNEY, OHIO — Marcus & Millichap has arranged the $3.8 million sale of a 165,230-square-foot industrial property in Sidney, about 40 miles north of Dayton. Located at 1521 Michigan St., the facility sits on more than 33 acres at the intersection of I-75 and Michigan Street. Formerly home to Reliable Castings Corp., the property includes heavy manufacturing capacity, a machine shop, warehouse, distribution spaces and offices. Nathan Pealer of Marcus & Millichap represented the seller, Reliable Castings, and procured the buyers, Moxie Equities and Lido Realty. The complex sale involved a bankruptcy, a business winding down its operations and active equipment auctions taking place during the selling process, according to Pealer. The buyers plan to improve and lease the property, and marketing efforts are underway.

April 1, 2025

Acquisitions Midwest Ohio Retail

Friedman Real Estate Arranges $4.8M Sale of Caliber Collision-Occupied Retail Property in Ohio

by Kristin Harlow March 28, 2025

NORTH CANTON, OHIO — Friedman Real Estate has arranged the $4.8 million sale of a 12,000-square-foot retail property occupied by Caliber Collision in North Canton, just south of Akron. The newly constructed asset is located at 1550 W. Maple Road. Marc Hildenbrand and Steven Silverman of Friedman represented the buyer in the transaction.

March 28, 2025

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