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,…


Highland Park project in Garfield Heights lands two growing companies

Crain’s Cleveland Business May 07, 2021 Michelle Jarboe A business park emerging from empty big-box stores in Garfield Heights has landed another major anchor. Sister companies Innoplast and Thermoprene, based in Auburn Township, recently signed a decadelong lease at Highland Park, the reimagined City View Center along Interstate 480. The 62,652-square-foot deal spans a former…



Industrial Commercial Properties adds Beachwood building

April 21, 2021 Industrial Commercial Properties adds Beachwood building STAN BULLARD Industrial Commercial Properties plans to replace the dated front of the office/warehouse building at 25550 Commerce Park Drive with a more contemporary look. ICP just acquired the property from the City of Beachwood. Industrial Commercial Properties LLC, a Solon real estate owner and developer,…


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…





ICP COO, Chris Salata, Inducted into the 2020 Midwest Real Estate HALL OF FAME

How much of an impact has Chris Salata had on Industrial Commercial Properties, the company he serves as chief operating officer? During the last three years, he’s led the company to the acquisition of 46 new assets totaling 10 million square feet and 820 acres of developable land. And last year? Salata was the lead…