Cresco Represents Owner in Sale of Tire Manufacturing Facility
Cleveland, OH – January, 2012 – The Barna-Caplan Team of Cresco represented the owner of a 483,115 SF tire manufacturing facility on 67 acres that was being vacated by its long-term tenant. The owner desired to re-lease or sell the large facility without incurring loss of capital. Cresco had approximately one (1) year until the lease and income would terminate. A sale was closed on the property the day after the lease was up, providing the seller with maximum income with little to no carry cost.
Call us today at 216.520.1200 to find out more about how we can help you.