Chris Semarjian, Owner of ICP discusses Babcock & Wilcox moving headquarters, local operations to Akron’s East End

By Jim Mackinnon  Beacon Journal/Ohio.com  Posted Sep 24, 2018 at 9:25 AMUpdated Sep 25, 2018 at 9:09 AM B&W is taking its talents to Akron. Babcock & Wilcox Enterprises will relocate hundreds of employees from Barberton and Copley to Akron — and also move its headquarters from Charlotte, N.C., to here. B&W’s new corporate offices will be in the East End Offices, Goodyear Tire & Rubber…



Amazon plans mid-September opening for North Randall fulfillment center

NORTH RANDALL, Ohio – A few dozen public officials, economic-development leaders and journalists wound their way through Amazon’s hulking North Randall fulfillment center on Wednesday, getting an early glimpse of a logistics hub set to start humming in mid-September. The multi-level building, spanning 2.3 million square feet, stands where shoppers once milled at Randall Park Mall. Soon…


RhinoSystems Will Occupy 65,000 Square Feet in Former American Greetings Building

CLEVELAND, Ohio, July 30, 2018 – RhinoSystems Inc., developer, manufacturer and marketer of Naväge Nasal Care, has announced it will expand and bring 117 new healthcare jobs to Brooklyn. The company plans to lease more than 65,000 square feet of the 1.6 million-square-foot former American Greetings building, which now serves as an industrial park. “It’s…


Medical Mutual leases former American Greetings space

Via Crain’s Cleveland Business 6/18/2018 Click to download Crain’s article.  Electricians, plumbers, painters and drywall installers are about to start work on a $23 million project in Brooklyn as Medical Mutual of Ohio begins to heal some of the damage from the 2016 departure of American Greetings Corp. from the suburb for Westlake. That’s because…


Industrial Commercial Properties LLC hosts groundbreaking ceremony for ComDoc’s new state-of-the-art headquarters and distribution center in Jackson Twp., Ohio

On Wednesday, May 30th, Industrial Commercial Properties LLC (“ICP”), a Cleveland-based commercial real estate development company, celebrated the groundbreaking of a new headquarters and distribution center for ComDoc in Jackson Twp., Ohio. ComDoc is a subsidiary of Global Imaging Systems, a Xerox company. The 107,500-square-foot future headquarters and distribution center for ComDoc will be located…


Industrial Commercial Properties LLC acquires 182 acres in Wixom, Michigan

Industrial Commercial Properties LLC (“ICP”), a Cleveland-based commercial real estate development company, has announced the acquisition of 182 acres of land in Wixom, Michigan, formerly the site of the Ford Wixom assembly plant.  The seller was Boston-based Trident Barrow. Christopher Semarjian, the owner of ICP, commented, “This is a major milestone for the continued redevelopment…


Industrial Commercial Properties Hires Chris Salata as Chief Operating Officer

Chris Salata, formerly senior vice president of development at DDR Corp. (NYSE: DDR) of Beachwood, has joined Industrial Commercial Properties LLC of Solon as chief operating officer. Chris Semarjian, owner of ICP, said in a news release on Wednesday, Feb. 14, announcing the appointment that his company has grown into a multifaceted regional firm that requires a chief operating…


Lichter and Semarjian buy shuttered Walmart in Bedford

The massive Walmart Supercenter in Bedford was acquired Friday, Nov. 17, by real estate developers Chris Semarjian and Stuart Lichter. The business partners recently sold much of the former Randall Park Mall site, after demolishing the mall, for construction of an Amazon fulfillment center, one of their many massive industrial real estate projects over the…


National Safety Apparel expands into old AG building

National Safety Apparel has been growing rapidly in recent years, making acquisitions and adding on products.  And it doesn’t show signs of slowing down anytime soon. Indeed, the company recently opened a fulfillment center in Brooklyn, in the old American Greetings site, which also frees up space in its manufacturing operations in Cleveland for expansion….