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Cresco News

CRESCO Real Estate Represents Mold Masters in 77,767 SF Sublease

CLEVELAND, August 10, 2017 – Cushman & Wakefield | CRESCO Real Estate is pleased to announce the representation of Mold Masters in their sublease located in Eastlake, Ohio. Principal, Joseph Barna, SIOR and Senior Vice President, Eliot Kijewski, SIOR represented Mold Masters in conjunction with Liberty Development Company.

Mold Masters signed a 13 year sublease agreement for 77,767 SF at 34000 Vokes Drive in Eastlake, just 18 miles from downtown Cleveland. The industrial space was built in 1981 and renovated in 1988. It is currently owned by Broadstone Net Lease Inc., a Rochester, NY based REIT who purchased the building in 2012.

Mold Masters designs and builds tools and wax patterns for civilian and military aircraft engines as well as turbine engines used in the oil and gas industry and hydroelectric power plants. Mold Masters currently has two facilities in the Cleveland area, their corporate headquarters and tooling division in one facility and their pattern division in a separate facility. They will now be able to consolidate both facilities when they move into the facility on August 1st, 2017.

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