(5.5.16) CBRE Arranges $3.1M Sale of 42,000 SF Office Building in Cincinnati

(REBusinessOnline.com, May 5, 2016)

This 42,000-square-foot property is 100 percent leased to Cincinnati Bell Technology Services.

This 42,000-square-foot property is 100 percent leased to Cincinnati Bell Technology Services.

CINCINNATI — CBRE Group Inc. has arranged the sale of a two-story office building in Cincinnati for $3.1 million. The 42,000-square-foot property, 111 Tri-County Parkway, is 100 percent leased to Cincinnati Bell Technology Services, which uses the facility as a support center for help desk functions, bench-testing and fulfillment services. Keith Yearout, Jim Vondran and Hank Davis of CBRE represented the seller, OA Development, in the transaction. Wang Brothers Investment, a California-based private equity investor, was the buyer.

– See more at: http://rebusinessonline.com/cbre-arranges-3-1m-sale-of-42000-sf-office-building-in-cincinnati/#sthash.krqRdgvx.dpuf

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