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 will tackle former GM stamping-plant site in Richland County
Crain’s Cleveland Business Michelle Jarboe A busy Solon-based real estate developer has struck a deal to revive a former General Motors stamping-plant site in Richland County, where the 270-acre property west of Mansfield has been sitting dormant for a decade. Industrial Commercial Properties LLC recently inked an option agreement to buy the land from the…
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…
Real estate developer Industrial Commercial Properties buys Moraine auto plant
A prominent Cleveland-area real estate developer is once again expanding its footprint in the Dayton region. The latest acquisition comes just two months after the company snapped up nearly 29 acres at the Miami Valley Research Park in Kettering. Industrial Commercial Properties (ICP), a Solon-based firm whose portfolio includes more than 40 million square feet…
ICP owner Chris Semarjian was part of a NAIOP Northern Ohio panel discussion on COVID’s impact on the Industrial Real Estate Market.
Industrial Commercial Properties adds to its Solon holdings
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…