Gem’s Property Management Group Offers Receivership Services
Lenders are using receiverships for more than just a part of the process to convert troubled assets to cash. The receivership provides the lender with a fresh set of eyes to reassess the property with independence and provide time for economic conditions to change for the better. Receiverships are actually an arm of the court used to separate parties in conflict who have a high level of distrust for each other. One is able to assess if the property is economically viable with new management, a loan workout is appropriate with the current ownership, or the property needs to be sold at auction. The judge is given a lot of flexibility in determining the resolution of that problem that bankruptcy does not allow. Read more
Marion’s Piazza Announces New Troy Location
Roger Glass, President of Marion’s Piazza, is happy to announce thatTroywill be the site for their next restaurant expansion. The company recently purchased 2.6 acres of land onExperiment Farm Rd.through the efforts of Gem Real Estate Group. The property is just north of State Route 41 across the street from Minster Bank. Read more
Gem Selected Property Manager of Lion Apparel Headquarters
The Gem Real Estate Group is pleased to have been selected by Lion Apparel Corporation to manage their new headquarter facility, located inVandalia,Ohio. One of the former IAM’sWorldHeadquarterBuilding, Located at7200 Poe Avenue, Lion acquired the facility in June and immediately began a $700,000 renovation project for its occupancy. Read more
Gem Helps Lion Apparel Complete New Headquarters Acquisition
The Gem Real Estate Group is pleased to announce the successful completion of the acquisition of the formerIamsWorldHeadquarterBuilding for Lion Apparel for its new headquarters facility. Read more
Gem Real Estate Group Secures New Office Space
DAYTON (June 21, 2010) – Gem Real Estate Group recently negotiated a lease agreement between The United Way of the Greater Dayton Area and 33 West First Partners, LLC , at The Soin International Building, 33 West First Street, in Downtown Dayton. Read more
GEM REAL ESTATE GROUP HELPS LOGOS@WORK FIND NEW HEADQUARTERS IN DOWNTOWN DAYTON
DAYTON (December 1, 2009) – Gem Real Estate Group is pleased to announce the sale/purchase of 937 South Patterson Blvd, Dayton. The buyer was 4 Iron Properties, a sister company to Logos@Work. Read more
AMB Property Hires Gem To Lease And Manage Five Of Their Properties
Gem Real Estate Group is pleased to announce that the firm is now leasing and managing five Warehouse / Office properties surrounding the Dayton International Airport. Alan Cohen, Senior Vice President at Gem, will be the property’s new leasing agent. Sheri Simpson, Vice President of Property Management Services Read more
Gem Sells 330,000 SF Industrial Facility in Dayton’s East End
DAYTON (September 2009) – Gem Real Estate Group is pleased to announce the successful sale/purchase of a 330,000 SF Industrial facility located in the East Dayton Industrial market. The facility, located at 943 Woodley Road in the City of Dayton, transferred for $1,500,000.
This facility will house the Compsite Technologies Corporation’s (CTC) Mixing and Molding Division, Read more
Gem Represents Jacobs Engineering For New Dayton, Ohio Office Facility
DAYTON (August, 2009) – The Gem Real Estate Group, along with partner Cushman & Wakefield, successfully completed lease negotiation of a new Dayton Headquarter for Jacobs Engineering. Jacobs will be leasing a 5,000 SF office facility Read more
Gem Represents New Office Tenant For Downtown Location
DAYTON (August, 2009) – The downtown office market picked up a new tenant as the Gem Real Estate Group successfully brokered a lease agreement for 19,000 SF at 725 South Ludlow Street, in Downtown Dayton. The ten year deal was signed mid-July. Gem Read more
Cincinnati Office: 4770 Duke Drive Suite 190 Mason, OH 45040 (513)770-0555