NAI Cummins Coordinates Investment Property Sale in Green, Ohio
Akron, OH (April 13, 2017) – Bob Raskow, SIOR, and Scott Raskow of NAI Cummins have closed the sale of an investment property in the City of Green, Ohio. The building, a 44,000+ SF space custom built for the tenant, was sold by a local ownership entity to a Cleveland real estate investor.
“This was a very smooth transaction - all parties cooperated and were a pleasure to work with,” said Bob Raskow, SIOR, Vice President of NAI Cummins. “The property is an attractive investment and a beautiful property, with a solid tenant in place. The seller’s objective was to find a compatible buyer to take over as landlord, and this final outcome should work well for the new owner and the tenant.”
The nearly $5.5 M property, which is under a 10 year triple net lease, features 35,000+ SF of office space and almost 10,000 SF of warehouse space, and was custom built for the tenant, a software company.
NAI Cummins (www.naicummins.com) has 10 highly trained sales associates who exemplify excellence in the real estate sector. With more than 210 years of combined experience, our agents have experience in every aspect of industrial, commercial, retail, and land brokerage including consulting in corporate services and investment sales and acquisitions in the Greater Akron area. NAI Cummins is the Akron area affiliate of NAI Global, and has been a part of the NAI Global network for over 25 years. NAI Global is an international real estate services organization with the institutional strength of one of the world’s leading property investment companies.