Industrial Commercial Properties adds pair of executives, acquires two properties

STAN BULLARD – Crain’s Cleveland Business: Industrial Commercial Properties, the Solon-based real estate owner and manager with a sizable portfolio but a small staff, has just added two new executives from the REIT universe: SITE Centers Corp. and the former Forest City Realty Trust. Moreover, in typical ICP fashion, it also has acquired two new…


Story regarding our recent user sale in Cleveland to Dynamic Metal Services

New owner pays $2.5 million for former torpedo plant A massive industrial building near Cleveland’s border with Euclid that started life 50 years ago as a torpedo plant ago has changed hands in a $2.5 million transaction. The new owner, as of Feb. 14, is 18901 Euclid Avenue LLC, which takes its name from the…


Industrial Commercial Properties expands Solon holdings with $3.5M deal

STAN BULLARD     Crain’s Cleveland Business CoStar Industrial Commercial Properties paid $3.5 million to buy the building at 6680 Parkland Blvd. in Solon through a Cuyahoga County receivership’s sale. Industrial Commercial Properties (ICP), a Solon-based property owner with a portfolio extending from Detroit to Pittsburgh, often searches far for acquisitions. But its latest deal was across…





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…