Congratulations to Andy Hill, one of Crain’s Cleveland Business 2022 Notables in Finance

Andy Hill Senior vice president – finance, Industrial Commercial Properties MICHELLE JARBOE Crain’s Cleveland Business April 23, 2022 Andy Hill directs financial planning and accounting work for one of the busiest real estate developers in Northeast Ohio. Industrial Commercial Properties LLC, based in Solon, seems to have a near-insatiable appetite for remaking challenging properties, from…


Akron’s Chapel Hill lands another big manufacturing tenant

DAN SHINGLER CRAIN’S CLEVELAND BUSINESS MARCH 7, 2022 Akron’s Chapel Hill Mall hasn’t been this busy since Archie the Snowman and the once-popular shopping destination’s famous carousel brought in thousands of families each holiday season decades ago. Except now the place — renamed Chapel Hill Business Park by its owner, Solon’s Industrial Commercial Properties group…


Steel supplier plans HQ move to Bedford Heights, after $5.4 million building purchase

Crain’s Cleveland Business MICHELLE JARBOE A suburban steel supplier plans to move its headquarters from Twinsburg to Bedford Heights, after teaming up with a local developer to acquire a 207,000-square-foot warehouse. Jade-Sterling Steel Co. Inc. and Industrial Commercial Properties LLC recently paid $5.4 million for a property at 26400 Richmond Road, according to public records….


Industrial Commercial Properties plans $100 million project in Seven Hills

Crain’s Cleveland Business MICHELLE JARBOE   Industrial Commercial Properties LLC, a Solon-based developer known for tackling tough sites, is planning a $100 million ground-up construction project in Seven Hills. Early renderings of the 7Hills District show a 240-unit apartment building, almost 93,000 square feet of offices and roughly 50,000 square feet of restaurants and retail…


New management team to take over operations at I-X Center, reopening it for events

  By Robert Higgs, cleveland.com CLEVELAND, Ohio – The giant International Exposition Center, closed for nearly a year, will soon again be hosting large shows. Industrial Realty Group, one of the country’s largest owners of commercial and industrial properties, announced Wednesday it will purchase the stock in the I-X Center Corp. from that company’s parent,…


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…


ICP Acquires 1.4 MSF Ohio Distribution Center in Warren Ohio

Located on the outskirts of Youngstown, the asset is the fifth such facility acquired by the investor from Sears or Kmart. Industrial Commercial Properties has purchased 541 Perkins Jones Road, a 1.4 million-square-foot former Kmart distribution center in Warren, Ohio. The building is on the outskirts of the Youngstown area, close to other major distribution…


Amazon plans mid-September opening for North Randall fulfillment center

NORTH RANDALL, Ohio – A few dozen public officials, economic-development leaders and journalists wound their way through Amazon’s hulking North Randall fulfillment center on Wednesday, getting an early glimpse of a logistics hub set to start humming in mid-September. The multi-level building, spanning 2.3 million square feet, stands where shoppers once milled at Randall Park Mall. Soon…