CINCINNATI (Cincinnati Business Courier) – A large industrial building northeast of Cincinnati has traded hands after more than two years on the market.
The 257,810-square-foot building on 10 acres at 119 Northeast Drive sold the first week of March for an undisclosed sum. However, a mortgage loan issued by Kansas City, Mo.-based North American Savings Bank totals nearly $11 million.
The buyer is 119 Northeast I LLC, the subsidiary of a Kansas holding company managed by Graham Nelson, according to the mortgage loan. Nelson is principal at Odyssey Real Estate Capital, a Las Vegas-based commercial real estate investment and advisory firm with a Kansas City office.
Read the full story from the Cincinnati Business Courier.
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