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…



Developer ICP stakes a big claim in Parma

Crain’s Cleveland Business by Stan Bullard link to full article here  A long unused rail line may be put back into service in Parma by Industrial Commercial Properties as part of the updating of a former transmission factory at 5520 Chevrolet Blvd. Reuse of the former General Motors Corp. transmission plant in Parma is switching…


Industrial Commercial Properties buys Garfield Heights Kmart for $1.4 million

Stan Bullard Crain’s Cleveland Business The empty Kmart store at 12501 Rockside Road in Garfield Heights has gained a new owner and may gain a new use after an affiliate of Industrial Commercial Properties of Solon acquired it for $1.4 million on Friday, Nov. 22, according to Cuyahoga County land records. Chris Semarjian, ICP’s owner,…



Industrial Commercial Properties buys again at Elyria’s Midway Mall

By Stan Bullard – Crain’s Cleveland Business Industrial Commercial Properties (ICP) of Solon is the new owner of the empty Dillard’s building at Midway Mall, its second acquisition at the Elyria property following the purchase of the Sears building in the spring. Elyria Mayor Holly Brinda announced the Dillard’s deal with an emailed press release…



ICP Acquires 2 Properties Totaling 470,000 Square Feet in Holland, Michigan and Bryan, Ohio

CLEVELAND, OH – Industrial Commercial Properties LLC (“ICP”), a Cleveland-based commercial real estate development company, announced the acquisition of two properties totaling 470,000 square feet in Holland, Michigan and Bryan, Ohio.  ICP purchased the properties from Adient, the world’s largest automotive seat manufacturer.  Adient was founded as a spin off of Johnson Controls in 2016,…


ICP Buys Former Sears Distribution Center in Metro Columbus

Citing substantial demand, the Ohio-based developer plans to subdivide the 570,000-square-foot property, which is fully equipped with conveyors and racking. Industrial Commercial Properties has acquired a 570,000-square-foot former Sears distribution center in Groveport, Ohio. Cleveland-based ICP has acquired four Ohio properties from Sears since 2014, counting the Groveport facility—the Sears retail building at the former…