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….
Amazon commits to North Randall fulfillment center, with 2,000-plus jobs on former mall site
NORTH RANDALL, Ohio – Amazon will bring more than 2,000 jobs to the tiny Cuyahoga County village of North Randall, where a massive fulfillment center is slated to rise from the demolition dust of Randall Park Mall. The e-commerce giant finalized a lease deal Thursday on a planned 855,000-square-foot building, which could open during the second…
Industrial Commercial Properties is shifting to Solon and ‘crushing it’
Solon, OH, Aug. 4, 2017/crainscleveland.com/ – A waist-high table with no chairs is at the center of the lobby of the Cleveland office of Industrial Commercial Properties. It resembles standing desks that office-anchored workers use for a change of pace. But there’s little standing at the central office of one of Northeast Ohio’s largest real estate concerns. Chris…
Two New Concert Venues Coming to Akron’s East End Complex
The former Goodyear Tire & Rubber Co. headquarters on East Market Street in Akron will see even more life soon as two new concert venues are set to debut there. Goodyear Theater, with a seating capacity of 1,458, will open Wednesday, April 12, according to a March 15 news release. The other venue is Goodyear…
Gaining Traction – The East End, Akron, Ohio
Conversion of old Goodyear campus progresses with The Residences at The East End View the PDF
Energy Power Systems Announces New High-Volume Manufacturing Facility in Pontiac, Michigan
PONTIAC, Mich., Jan. 22, 2015 /PRNewswire/ — Energy Power Systems, LLC (EPS), a Michigan-based advanced battery technology company, announced today that it is establishing a high-volume manufacturing facility in Pontiac, Michigan, creating more than 300 new high-tech and manufacturing jobs during the initial production phase. Read more
Randall Park Mall Demolition Under Way, as Crew Tears into Former Dillard’s Store
North Randall, OH, Dec. 30, 2014 /Cleveland.com/ — Developers Stuart Lichter and Chris Semarjian have acquired much of the 100-acre property through tax foreclosures, traditional purchases and deals involving the village and the Cuyahoga County Land Reutilization Corp., commonly called the Cuyahoga Land Bank. They plan to refurbish the former Sears department store and the…
American Greetings Sells Brooklyn headquarters; Lichter, Semarjian Plan 150-acre Industrial Park
Brooklyn, OH, Jul. 1, 2014 /Cleveland.com/ — Cuyahoga County property records show that companies tied to Stuart Lichter and Chris Semarjian paid $15.5 million for the American Greetings complex on Tuesday. The deal comes as the greeting-card company is building a new, smaller headquarters at Westlake’s Crocker Park. And the sale charts a clearer future…
