New management team to take over operations at I-X Center, reopening it for events

  By Robert Higgs, cleveland.com CLEVELAND, Ohio – The giant International Exposition Center, closed for nearly a year, will soon again be hosting large shows. Industrial Realty Group, one of the country’s largest owners of commercial and industrial properties, announced Wednesday it will purchase the stock in the I-X Center Corp. from that company’s parent,…


ICP Acquires GE Warehouse in Ravenna, Ohio

Development firm Industrial Commercial Properties to purchase GE Ravenna warehouse Eric Marotta Akron Beacon Journal March 22, 2021 The 37 acres outlined in red is being purchased by Cleveland-area development firm Industrial Commercial Properties. A major industrial building in Portage County Ravenna is being purchased by the same commercial real estate development company that is…


Akron’s Chapel Hill Mall to become business park under new ownership

By Robin Goist, cleveland.com AKRON, Ohio – The Chapel Hill Mall has been sold to a new owner and will be renovated into an industrial office park expected to create 400 jobs, according to the developer. Industrial Commercial Properties, or ICP, finalized its purchase of the struggling mall on Akron’s North Side, the Solon-based company…


Industrial Commercial Properties (ICP) and Industrial Realty Group (IRG) Joint Venture Acquires Premier Office Campus in Dayton, Ohio

FOR IMMEDIATE RELEASE February 3, 2021 DAYTON, OH – Industrial Commercial Properties LLC (“ICP”), a Cleveland-based commercial real estate development company, in a joint venture with longtime business and development partners, Industrial Realty Group, LLC (“IRG”), acquired the LexisNexis-occupied office campus in Dayton, Ohio. The 391,000-square-foot campus is located on 60 acres and includes buildings…


Industrial Commercial Properties enters winning — and only — bid at auction for City View Center

Photo source Michelle Jarboe/Crain’s Cleveland Business Written by Michelle Jarboe Crain’s Cleveland Business December 10, 2020 A Solon-based real estate developer will take control of the failed City View Center retail project in Garfield Heights, after entering the winning — and the only — bid for the property. During a brief auction Thursday morning, Dec. 10, an…


Ontario signs development agreement for former GM property

Monroe Trombly Mansfield News Journal ONTARIO – Ontario has reached an agreement with a commercial real estate developer regarding Ontario Commerce Park, site of the former GM plant. Ontario City Council on Wednesday unanimously approved a development agreement with Cleveland-based Industrial Commercial Properties, giving the company the option to buy the former GM property in stages. Ontario has owned…


Luxury apartment community with 300+ units proposed in Kettering

By Jacob Fisher  – Staff Reporter, Dayton Business Journal One of the region’s most active real estate developers is drafting plans for what could become among the largest and most ambitious luxury apartment projects in Kettering to date. An early glimpse at the proposed 300-unit multifamily community details a 35-acre mixed-use development that would provide walkable…



Industrial Commercial Properties adds to its Solon holdings

Crain’s Cleveland Business Stan Bullard A Solon multitenant office/warehouse building at 30500 Bruce Industrial Parkway is back in local hands after Industrial Commercial Properties acquired it from an affiliate of SFF Realty Fund LLC, a San Francisco-based investment fund, for $3.2 million. The 155,000-square-foot building, large enough to contain almost three football fields, is vacant,…


Industrial Commercial Properties welcomes new tenant to Akron industrial facility

Industrial Commercial Properties welcomed LSI Industries to one of the company’s recently acquired properties on Boyer Parkway in Akron, Ohio. LSI Industries celebrated the grand-opening of its Akron facility at 5127 Boyer Parkway on July 21 with a ribbon-cutting ceremony. LSI relocated from its North Canton, Ohio, location, a property that LSI recently sold. Led…