Premier Produce Moves to 4500 Willow Parkway

NAI Daus completed a 42,008 square foot warehouse sale. Scott Garson, CCIM, Sr. Vice President represented the seller, W.W. Polymer Dist, Inc. in this transaction. Kevin Kuczynski of Colliers represented the buyer, Premier Produce, Cleveland’s leading supplier of produce. Premier Produce will be relocating to 4500 Willow Parkway in Cuyahoga Heights, Ohio. 4500 Willow Parkway provides expansion capabilities, and is centrally located with dock access for the deliveries to and from Premier Produce. Premier Produce also plans to make improvements to the facility by sealing the floors and installing coolers to accommodate their operations.

Contact:
Scott Garson, CCIM
216 455 0935
sgarson@naidaus.com

NAI Daus Complete a Retail and Office Lease

NAI Daus of Cleveland, Ohio recently leased the office space at 1220 SOM Center Road in Mayfield Heights, Ohio to Edward Jones Investments. Lisa Trevino, Associate and Chris Seelig, Director of Retail Services represented the landlord in this transaction.

Mr. Seelig also represented the landlord in a retail lease to H&R Block in Canfield, Ohio. H&R Block has relocated to Canfield Colonial Plaza, 525 East Main Street.

Contact:
Chris Seelig, Director of Retail Service
216 455 0926
cseelig@naidaus.com

Lisa Trevino, Sales Associate
216 455 0885
ltrevino@naidaus.com

NAI Daus Brokers the Re-opening of the Eastgate Movie Theatre, Phoenix Eastgate 10

Jim Samuels of NAI Daus recently represented Phoenix Adlabs Theatre Management, LLC in negotiations to re-open the theatre at Eastgate. The theatre is located at 1345 SOM Center Road adjacent to and behind Micro Center and across from Target. The Phoenix Eastgate 10 will have its Grand Re-opening November 6th, 2009 featuring 3D Digital Projection, Digital Sound, a newly configured Lobby with a Party Room and all First Run Movies.

Contact: James Samuels
216 455 0888 | jasamuels@naidaus.com

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Contact NAI Daus at:
216 831 3310

NAI Daus Negotiates a 12,600 Warehouse Lease in Rocky River, Ohio

Cleveland, Ohio – (October 13, 2009) – JD Moving Solutions, Inc. a local moving and storage company, has signed a 4 year lease for 12,600 square feet of warehouse space at 19954 Ingersoll Drive in Rocky River, Ohio. Robert Wetzel, Broker Associate with NAI Daus represented the Landlord, Franchar Inc., in this transaction. JD Moving Solutions is expanding their operations. JD Moving Solutions, Inc. was self-represented.

NAI Daus specializes in commercial, industrial and retail sales and leasing in Northeast Ohio and is part of NAI Global, an international commercial real estate network with over 325 offices spanning the globe.

For additional information about NAI Daus, please visit our web site at www.naidaus.com.
Business Property Specialists Inc. Broker

Contact:
Robert Wetzel, Broker Associate
216 455 0906
rwetzel@naidaus.com

Special Report - Space Exploration

“All the gains we made over the last 10 years are gone, so tenants are going to be able to basically live like they did in the late 1990s,” says Alec Pacella, senior vice president, NAI Daus. “I think there’s a clear opportunity if you’ve ever thought about buying. It’s a great time because, again, prices for buildings are also what they were in the 1990s. Your price per square foot is going to be 30, 40 percent less than what it was 18 months ago.”

Whether you’re searching for a new property or hoping to reconfigure space for efficiency’s sake, cost savings can be yours. The first course of action is to connect with an experienced commercial real estate broker to weigh your options because there are plenty of them. Read more about this article in Smart Business Cleveland

Luttner Retail of NAI Daus Facilitates Sale

Luttner Retail Group of NAI Daus facilitates sale of 50% interest in Landerwood Crossing Class "A" Office Building.

The Luttner Retail Group of NAI Daus announced the sale of a 50% ownership interest in Landerwood Crossing, the newest and most prominent Class “A” Office Building in the Cleveland MSA. Mark Luttner represented the Seller, a local developer, while also procuring the Purchaser for the 50% interest, an out-of-state private investor. The total market value of the asset was $13.5 million. The asset is 100% occupied by strong national and regional tenants including Citi Smith Barney, Clear Choice Dental, CMI Steel and Majestic Steel.