Industrial Commercial Properties Continues Expansion with a new SVP of Asset Management and a VP of Construction

CLEVELAND, OH, May 7, 2020 – Industrial Commercial Properties LLC (ICP), the Cleveland-based real estate and development company, has announced the appointment of Bennett Morrison as Senior Vice President of Asset Management and Pat Foran as Vice President of Construction. As Senior Vice President of Asset Management, Bennett Morrison will be responsible for the oversight…


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,…



Christopher S. Semarjian sees what others can’t

Smart Business Magazine, November, 2019 Christopher S. Semarjian cuts right to the chase when evaluating real estate. “If we can’t see the opportunity in five minutes, we move on,” says Semarjian, owner of Industrial Commercial Properties LLC. “It’s that quick. I mean, when you’ve done it enough, you just know. We see things that a…



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 Sponsors Donation Drive to Benefit Providence House in Cleveland

ICP sponsored Taco Tuesday for our tenants yesterday, and it was a huge success! Everyone enjoyed the beautiful day with Barrio food truck and East Coast Custard serving lunch. During the event, we had a donation drive to benefit Providence House, Ohio’s first and longest-running crisis nursery. Thank you to the employees at Oracle, Arrow Electronics,  ICP and Demag…


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,…