Abbott Laboratories has broken ground for their newest nutrition manufacturing facility in the United States, in Tipp City,Ohio. The 60 acre site, on Co. Rd. 25-A near I-75, will initially produce two of Abbott’s fastest growing adult brands, Ensure and Glucerna. When fully developed, Abbott expects to employ 240 people and it will represent a $270 million investment. Further expansion is a distinct possibility. Wow!! What a shot in the arm for the entire region.
The adage “Location, Location, Location” is best used when describing retail sites, but in today’s industrial/manufacturing sector, it is almost equally important. Abbott has not built a new manufacturing facility in the Unites States since 1983, so when they began looking for this new requirement, they searched a very broad area. Over 125 sites in at least eight states and Canada were whittled down to just a few in Ohio, Read more
DAYTON (March 14, 2012) – Gem Real Estate Group is pleased to announce that the firm is the new leasing agent for 10 West Second Street, widely-known as the Key Bank Building. Gem VP Amanda Cox and Senior VP Steve Ireland are representing the property owners in marketing the property.
Owned by Cincinnati based THMG 10 West Second Street, LLC, the KeyBank building boasts a number of attributes including an ideal location at Second and Main Streets in Dayton’s Central Business District and easy parking at the Leigh Garage, located adjacent the office tower at Second and Ludlow streets. Built in 1977, the 27-story property has a number of “move-in ready” suites for tenants to tour, and the owners have a full-time property maintenance team that is able to do updates like carpet and paint and minor layout changes in just a few days. Read more
Ohio Pediatrics, Inc., one of the region’s largest and most well-known pediatrics practices, signed a lease in July for just over 7,700 SF. The group has office locations in both Huber Heights andKettering. The group’s custom build-out should be done in anticipation of a June 2012 move-in date.
In addition, Ohio Pediatrics Research Associates, a complementary but separate, pediatrics research group, signed a lease in December for 2,295 SF in the building. The lease has a commencement of June 2012. Read more
DAYTON (March 19, 2012) – Gem Real Estate Group is pleased to announce that Katie Stanton has joined the staff as the new Senior Vice President of Property Management, a division of Gem Real Estate Group.
Stantonhas an impressive background in commercial real estate. Growing up in theMiamiValley, Katie graduated from Saint Mary’s College, Notre Dame, Indiana with a bachelor of Business in Administration / Marketing. She brings with her an impressive record of leadership and organizational success along with a high level of energy and enthusiasm. Read more
DAYTON (January 18, 2012) – Gem Real Estate Group, one of southwest Ohio’s leading full-service commercial real estate firms, is pleased to announce that Sheri Simpson has been promoted to Vice President of Property Management.
Sheri joined the Gem team in 2005 as an Administrative Assistant in Property Management after being in another commercial real estate firm for 27 years. She obtained her Ohio real estate license in 2009, transitioning into managing commercial properties in the greater Dayton area.
Sheri is a life long Dayton resident and with her husband, John, raised Read more
DAYTON (January 1, 2012) – Gem Real Estate Group is pleased to announce the lease of approximately 15,500 SF of office space at 888 Dayton Street, Yellow Springs, to Antioch University. Owned by The Antioch Company, LLC, the space is currently undergoing renovations and fit-up, led by Architect Alan Scherr Associates. The updated design will feature new private offices, state-of-the-art technology, and a new, private entrance forAntiochUniversity.
Antioch University agreed to lease their suite for five years. The agreement was signed in early December and the group has already taken occupancy of the premises. Gem Real Estate Group President and CEO, David Dickerson, and Vice President, Amanda Cox, represented Read more
Gem Real Estate Group is pleased to announce a new addition to the Gem Team. Jesse D. Sellers, aDayton native, is a recent graduate fromMiamiUniversity with a Bachelor of Science degree in Finance. Since joining Gem in July, Sellers has taken an active role with the Sales and Leasing group as well as supporting the Appraisal and Consulting Services group.
In October 2011, Sellers earned his Ohio Real Estate Salesperson License. He is also a Candidate member of the CCIM institute and is currently pursuing his CCIM designation. In addition, Jesse is working toward becoming a Registered Real Estate Appraiser Assistant. Moving forward, we anticipate Sellers becoming a valuable asset to both our Appraisal/Valuation and Sales and Leasing Teams.
Originally published in the December 2011 Issue of Gem’s Monthly Newsletter.
Roger Glass, President of Marion’s Piazza, is happy to announce that Mason,Ohiowill be the site for their next restaurant expansion. The company recently purchased 2.7 acres of land on Tylersville Road at the corner of Snider Road through the efforts of Dayton based Gem Real Estate Group and Henkle Schueler and Associates of Lebanon, Ohio. Marion’s will be part of a new mixed use development known as Everybody’s Farm.
Tim Logan, V.P. at Gem, who represented Marion’s Read more
Each year, CoStar tallies the commercial real estate sales and lease transactions that closed during the previous year and presents CoStar Power Broker Awards to the firms and individual brokers who closed the highest transaction volume in their respective market. As the largest professional research organization serving the commercial real estate industry, CoStar is uniquely positioned to identify the top firms and brokers in each market throughout the U. S.
Gem Real Estate Group was the only Dayton based real estate firm Read more
DAYTON (July 26, 2011) – Gem Real Estate Group recently represented the owners of Soccer Plus and Runners Plus, two family-owned sporting supply retailers, in their search and subsequent negotiations to purchase 8970 Kingsridge Drive in Miami Township. The property transferred on June 23 for $450,000. Amanda Cox, VP Sales at Gem, represented the buyer. Pete Nichols, VP at CB Richard Ellis represented the seller. Read more