Industrial Commercial Properties LLC (“ICP”), a Cleveland-based commercial real estate development company, has announced the acquisition of 182 acres of land in Wixom, Michigan, formerly the site of the Ford Wixom assembly plant. The seller was Boston-based Trident Barrow. Christopher Semarjian, the owner of ICP, commented, “This is a major milestone for the continued redevelopment…
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…
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 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….
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…
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…
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…
Conversion of old Goodyear campus progresses with The Residences at The East End View the PDF
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
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…
