GRUBB & ELLIS BROKERS $51 MILLION INDUSTRIAL SALE

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CLEVELAND — Grubb & Ellis has brokered the sale of 10 industrial properties within Geis Development’s Northeast Ohio industrial portfolio for $50.95 million. The properties are located in Parma, Valley View, Oakwood Village, Twinsburg and Streetsboro, and total 815,315 square feet. The properties were acquired The Harbour Group. Terry Coyne of Grubb & Ellis’ Cleveland office, along with John Huguenard of Colliers Turley Martin Tucker, represented Geis.

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