Crain’s Cleveland Business Stan Bullard A Solon multitenant office/warehouse building at 30500 Bruce Industrial Parkway is back in local hands after Industrial Commercial Properties acquired it from an affiliate of SFF Realty Fund LLC, a San Francisco-based investment fund, for $3.2 million. The 155,000-square-foot building, large enough to contain almost three football fields, is vacant,…
Industrial Commercial Properties welcomes new tenant to Akron industrial facility
Industrial Commercial Properties welcomed LSI Industries to one of the company’s recently acquired properties on Boyer Parkway in Akron, Ohio. LSI Industries celebrated the grand-opening of its Akron facility at 5127 Boyer Parkway on July 21 with a ribbon-cutting ceremony. LSI relocated from its North Canton, Ohio, location, a property that LSI recently sold. Led…
Industrial Commercial Properties purchases Knoll Production Facility in Grand Rapids, Michigan
Cleveland, Ohio (June 30, 2020) — Industrial Commercial Properties (ICP), a Cleveland based real estate development company, is continuing to invest in Western Michigan. ICP has acquired a major manufacturing facility at 4300 36th Street in Kentwood, Michigan from Knoll. Already one of the largest industrial real estate holders in Holland, Michigan, ICP now expands…
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,…
Congratulations to our COO Chris Salata for being recognized by Crain’s Cleveland Business as a C-Suite award recipient!
Congratulations to our COO Chris Salata for being recognized by Crain’s Cleveland Business as a C-Suite award recipient!
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…
Solon residents learn more about proposed Liberty Ford site rezoning at town hall meeting
SOLON, Ohio — Mayor Ed Kraus believes the rezoning of the former Liberty Ford site and adjacent properties could have a huge positive impact on the city. “We’re really excited,” Kraus told a crowd of more than 100 people at a town hall meeting to discuss the proposed rezoning on Wednesday (Sept. 25) in the…
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…
