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Additional Stories

  • Demand for high-quality industrial space in Toledo greatly exceeds supply

    Industrial real estate market fundamentals in the Toledo, Ohio, area remained quite sound at the end of 2014.

  • Retail vacancies drop in area

    Vacancies among retail space in metro Toledo fell to 12.9 percent from 13.2 percent over the first six months of 2014.

  • Vacancy rates still high for downtown Toledo landlords

    Central business district’s vacancy rate has been consistently in the 21-22 percent range the last 3½ years.

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Case Studies

114 S. Byrne Road, Toledo, Ohio

Byrning Hill Plaza

Challenge: Our team was hired thru the Receiver to sell this property on behalf of a Receiver appointed at the request of Huntington Bank. We listed the property at $1.4M and put together a thorough offering memorandum …

380 Dussel Drive, Maumee, Ohio

Tolson Enterprises

Challenge: Tolson Enterprises was interested in selling an investment property that was approaching the end of the primary tenant’s term. The focus was to be on potential users or Investors. The challenge was to find an…

1800 Nathan Street, Toledo, Ohio

Magna Exteriors & Interiors of America Inc.

Challenge: We were engaged to sell a 177,500 SF single tenant, net leased, Class A industrial asset with a newly negotiated lease term of 8 and one half years.  Our first challenge was to obtain the listing as listing d…

1331 McCord Road, Holland, Ohio

Shops at Spring Meadows Place

Challenge: The developer/owner decided to put a newly constructed, multi-tenant strip center on the market. The pricing and cap rate were aggressive for the Toledo market, and 1,320 square feet of the center remained va…

5415 Monroe Street, Toledo, Ohio

Huntington Bank / Nic Dumas, Duma Properties, LLC

Challenge: We were engaged as Receiver tasked with assuming the management and selling of a suburban multi-tenant office building. The major tenant in the building was the owner of the property who was not performing th…

3103 Executive Parkway, Toledo, Ohio

Medical Mutual of Ohio

Challenge: Leverage a hot investment property market in the disposition of a 100,000 square foot office tower in suburban Toledo.  The Client, Medical Mutual of Ohio, no longer occupied the building and had leased the e…

1311 McCord Road, Holland, Ohio

Sky Bank

Challenge: The developer/owner decided to put a newly constructed, build to suit, single-tenant property on the market subsequent to lease execution.  The pricing and cap rate were quite aggressive for the Toledo market…

1695, 1705 & 1715 Indian Wood Circle, Maumee, Ohio

John Barone

Challenge: The owners of Arrowhead Properties, two Class A multi-tenant office properties located in prestigious Arrowhead Business Park, decided the time was right to opportunistically attempt to take advantage of what…

1697, 1705 & 1715 Indian Wood Circle, Maumee, Ohio

Midfirst Bank

Challenge: We were asked to take this largely vacant REO office building portfolio to market for sale in the depths of the recession in 2010.  Office properties in tertiary markets were perhaps the least favored asset c…

127 & 133 Mel Simon Drive, Toledo, Ohio

North Towne Villas

Challenge: We were engaged by the owner of North Towne Villas, a two member LLC that had originally developed the property, to sell the community in order to take advantage of the strong market for apartment investment …