Fall has been a very busy season at Crest Commercial Realty. Multiple transactions have ocurred. We closed the month of October by selling the Shoppes at 725 Specialty Center located on the SR 725 across from the Dayton Mall. The 33,500 sf center sold for $9.2 milllion to a family investment group based in California. The new owners bring new energy and fresh ideas to the market. Keep your eye on this shopping center as we look to improve upon the landscaping, signage, lighting and over all shoping experience. We have one space space remaining! Come join AT&T, Aspen Dental, El Toro, Smashburger, Vitamin Shoppes, Sporst Clips,Cookie Cutters, June Bug Cupcakes, Kirkwood Sweepers, Jimmy Johns, Game Stop, Smoothie King and Scottrade. Strong retail sales opportunity!
One Call Now recently announced they will be reloacting their corporate office to Sand Lake Plaza, one of Dayton's premier uburban office buildings. The new collaborative office will consist of 15,500 sf. One Call Now is an international company with over 50 employees in the home office. The newest tenant boosts occupancy to over 85%.
Chalres Hewitt, Crest Commercial Realty closed the $1.7 million transaction between the Columbus based developer Crawford Hoying and local business man, Sandy Mendelson. The former Delco building is located adjacent to the Dayton Dragons Stadium.
Places Inc. secured a long term renewal for their corporate office located in the 11 West Monument Building. Places Inc. is a non profit business that provides ase management and housing to adults afflicted with mental illness. The historical building offers its tenants panoramic views of the Dayton skyline and Great Miami River. If your in the market for unique office space, please call one of our agents to schedule an appointment to see this great old building.
In August, Crest Commercial Realty was the broker for the owner in the sale of 150 Janney Rd. The property was sold to Miami Valley Packaging Solutions. JYG Innovations expanded and extended their lease at Sand Lake Plaza. Crest Commercial Realty represented the owners of South Point Medical Center and leased 17,000 SF of space to SOENTS of Dayton.
Crest would like to welcome The Law Offices of Blake R. Maislin to The Arbor. This is their second office in Ohio. In May Equity, Inc renewed their lease at 11 W. Monument and Dayton Freight Lines expanded their space at Sand Lake Plaza.
In March Crest represented GoHypersonic in the purchase of 848 E. Monument Avenue. Also in March, Tommy II LLC was represented by Crest in the sale of 312 N. McGee Street. Crest represented Liberty Tower in a lease with Partners Specialty Group, LLC who leased 3, 653 SF. Liberty Tower now has a 90% Occupany Rate.
Crest Commercial Realty was pleased to represent Hauer Music in the sale of their building at 120 S. Patterson Blvd. Crest also assisted Hauer Music in negotiating a lease for their new location in The Home Center on Miamisburg-Centerville Road. The new store expects to open April 2014.