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…


Industrial Commercial Properties (ICP) and Industrial Realty Group (IRG) Joint Venture Acquires Premier Office Campus in Dayton, Ohio

FOR IMMEDIATE RELEASE February 3, 2021 DAYTON, OH – Industrial Commercial Properties LLC (“ICP”), a Cleveland-based commercial real estate development company, in a joint venture with longtime business and development partners, Industrial Realty Group, LLC (“IRG”), acquired the LexisNexis-occupied office campus in Dayton, Ohio. The 391,000-square-foot campus is located on 60 acres and includes buildings…


Amazon Coming to Former Steris Property in Millcreek Township

Monday, January 4th 2021 By Lisa Adams ErieNewsNow Amazon plans to bring what it is calling a delivery station to a former industrial building in Millcreek Township, the company told Erie News Now Monday. It will be located the former AMSCO-Steris property on W. 23rd St. The company said the facility will “power the last…


Industrial Commercial Properties enters winning — and only — bid at auction for City View Center

Photo source Michelle Jarboe/Crain’s Cleveland Business Written by Michelle Jarboe Crain’s Cleveland Business December 10, 2020 A Solon-based real estate developer will take control of the failed City View Center retail project in Garfield Heights, after entering the winning — and the only — bid for the property. During a brief auction Thursday morning, Dec. 10, an…


Industrial Commercial Properties Expands Development Capabilities with Two New Hires

CLEVELAND, OH, November 30, 2020 – Industrial Commercial Properties LLC (ICP), the Cleveland-based real estate and development company, has announced the appointment of Jeffrey Martin as Senior Vice President – Development and Daniel DiCillo, Jr. as an Analyst. “As we continue to implement our aggressive growth strategy and diversify our portfolio, it was critical for…


Ontario signs development agreement for former GM property

Monroe Trombly Mansfield News Journal ONTARIO – Ontario has reached an agreement with a commercial real estate developer regarding Ontario Commerce Park, site of the former GM plant. Ontario City Council on Wednesday unanimously approved a development agreement with Cleveland-based Industrial Commercial Properties, giving the company the option to buy the former GM property in stages. Ontario has owned…


Luxury apartment community with 300+ units proposed in Kettering

By Jacob Fisher  – Staff Reporter, Dayton Business Journal One of the region’s most active real estate developers is drafting plans for what could become among the largest and most ambitious luxury apartment projects in Kettering to date. An early glimpse at the proposed 300-unit multifamily community details a 35-acre mixed-use development that would provide walkable…



Industrial Commercial Properties buys Geauga Lake land

Industrial Commercial Properties buys Geauga Lake land ICP developers, from left, Austin Semarjian; chief operating officer Chris Salata; and owner Christopher Semarjian are on location at Geauga Lake. The time is here to say final goodbyes to remnants of Geauga Lake Park and Sea World. However, it’s also time to say hello to the Geauga…


New luxury apartments coming to Akron’s East End

In conjunction with our Development Partners at IRG, we begin the third phase of redevelopment at the former Goodyear HQ complex called the East End. Dan Shingler Crain’s Cleveland Business Industrial Realty Group is starting with its third phase of redevelopment at the former Goodyear headquarters complex. The project calls for 66 luxury apartments. This…