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.

“We are excited to welcome both pediatric groups to the7200 Poe Avenuebuilding,” said Gem Real Estate Group VP Amanda Cox. “It will be exciting to see the progress as their suites are completed in the coming months and ultimately to feel a whole new energy within the building when they are up-and-running this summer.” Dayton’s The Architectural Group did the space design for both groups.

In addition to the pediatrics groups, in September Gem Real Estate negotiated leases with two smaller office tenants for the Landlord, ImproveIt!, a home remodeling company serving Ohio customers since 1989, and Dayfield Senior Solutions, LLC., a firm which supplies operations and financial management to skilled nursing, assisted living and independent living facilities.  ImproveIt! and Dayfield occupy 2,500 and 1,160 SF,  respectively, on the first floor.  The additions bring the occupancy of the51,102 Rentable Square Foot property to 86%, well above the reported average for theNorth Dayton market.  According to Gem’s Office Market Study, approximately 30% of the reported office space in the market area of thePoe Avenue property was vacant.

Cox said only two spaces remain available within the7200 Poe Avenueproperty.  The first is a 3,600 SF office space on the first floor, overlooking I-75.  The second is approximately 3,300 SF on the second floor, the balance of which is home to the pediatrics groups.

“This is a great opportunity for anyone looking for great office space in a highly visible, easily accessible location, but it is unique chance for a pediatric dentist, dermatologist, therapist or other provider specifically serving children and adolescents to piggy-back on the large, well-established groups that will soon be in the building,” Cox said.

The property is owned by the Clarence and Judith Lapedes Family Limited Partnership, which purchased the property for Lion’s world headquarters in 2010.  Since moving the family-owned business to the property, the landlord has made significant improvements, including a new entrance, awning, signage and more.  Additional improvements will be completed after the bulk of the tenant improvements for the pediatrics groups is complete in June.  The property is managed by Sheri Simpson and Gem Real Estate Group.

Lion is a 113-year old international company that manufactures personal protective equipment and training tools and facilities for firefighters and first responders, and provides logistical services to the US military. For more information on the company, please visit their website at lionprotects.com.

For more information or to schedule a tour, contact Amanda Cox, VP Sales for Gem Real Estate Group, at 937-228-2800, ext. 3021, or cox@gemcompanies.com.

Originally published in the February 2012 Issue of  Gem’s Monthly Newsletter.

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.

We are confident that she will continue the growth and success of Gem Real Estate Group’s Property Management service to the real estate market in our area.

Originally published in the February 2012 Issue of  Gem’s Monthly Newsletter.

INDUSTRIAL / OFFICE FACILITY FOR SALE

One story industrial building on 3.94 Acres.  Excellent access with 4 loading docks and one drive-in door. 100% sprinkled.  6,064 SF of Office space; 63,180 SF of Industrial.

Located at I-75 and Stanley Ave.

Google Map for 1752 Stanley Avenue, Dayton, Ohio

Sale Price:  $650,000 ($9.50/SF)

Click to view Loopnet Sale information.

For additional information, contact Steve Ireland at 937-228-2882, ext. 3027.

For Flyer and Listing Facts Information
click on the PDF icon

OFFICE SPACE FOR LEASE

Two office buildings with a 1,600 SF suite available and up to 5,200 SF available. Beautifully manicured grounds and well cared for common areas. Additional features include a full kitchen, ADA restrooms, conference rooms, and an executive office with full bath. Beautifully finished professional offices, move-in ready. Separately alarmed suites. On-site management.

Great Kettering location near restaurants and retail. Easy access to I-675 in popular south Dayton corridor.

Google Map for 5963-5975 Kentshire Drive, Kettering, Ohio

Lease Rate:  $12.00/SF; Plus Utilities

Click to view Loopnet Lease information.

For additional information, contact Sheri Simpson at 937-228-2882, ext. 3010 or Alan Cohen at 937-228-2882, ext. 3014.

For Flyer and Listing Facts Information
click on the PDF icon

Gem Real Estate Group’s

In this survey, we have sampled (344) Office Buildings which have been segmented into four (4) distinct markets identified as Dayton: East, Dayton: North/West, Dayton: South, and Dayton: Central Business District (CBD).

A total of 15,374,741 square feet of office space was surveyed within these four (4) markets, of which 3,929,839 square feet, or 25.56%, was reported to be vacant.

For additional summary information, please select the “Printable Summary” icon above.  For a complete version of this study, please contact our office at 937.228.2882 ext. 3017.

FOR SALE – Licensed and Chartered Montessori School Property

Exceptional property and a great value. Located in park-like setting with woods all around. Updated, bright interior thanks to a number of windows. Could be turn-key school or childcare facility, or could be easily converted to office complex, ideal for attorneys, accountants, or other small business.

Property offers multiple classrooms, small kitchen, 2 ADA compliant restrooms (5 total). Geothermal HVAC system installed in 2010. Owner-occupied property has been exceptionally maintained. OWNER WILL ENTERTAIN LEASE OPPORTUNITIES.

Situated on 1.74 Acres in Northeast Dayton near Fairborn. Visible from Route 4. Minutes to I675, Downtown, and the region’ s 20-minute market.

Google Map for 4369 Valley Street, Dayton, Ohio

Sale Price:  $260,000

Click to view Loopnet Sale information.

For additional information, contact Amanda Cox at 937-228-2882, ext. 3021 or Jesse Sellers at 937-228-2882, ext. 3011.

For Flyer and Listing Facts Information
click on the PDF icon

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 their two children here.  She devotes her spare time to serving in various ministries within her church and the Dayton community.  She is also a member of BOMA. 

Originally published in the January 2012 Issue of  Gem’s Monthly Newsletter.

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 the Landlord, The Antioch Company, in the marketing and lease negotiations. 

“This deal truly represents a win-win for both parties,” said Cox, “the owner has another great tenant in their facility and Antioch University found a valuable solution to their growing space concerns, literally right around the corner.”  Discussion with Antioch University began in the third quarter of 2010.

Constructed as the headquarters for Creative Memories, the property features manufacturing, warehouse and professional office space on 12.5 acres.  The original building was constructed in 1975 and expanded in the early 1980s.  In 2001, the eye-catching “Hangar” was completed.  The building offers 27,000 SF of office space and 67,000 SF of manufacturing and warehouse.  Creative Memories maintains production operations in the manufacturing portion of the property.  EHealth Data Solutions, a health records company, leases approximately 5,000 SF of office space in the building.  The group signed a lease in September 2010 for three years.

For more information on this property or transaction, please contact Amanda Cox at cox@gemcompanies.com or 937-228-2800, xt. 3021.

Originally published in the December 2011 Issue of  Gem’s Monthly Newsletter.

Gem Real Estate 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.

Tim Logan, V.P. at Gem, who represented Marion’s, said “I know the people of Mason and surrounding areas will be anxious to welcome this well known restaurant to their community. They have been voted for best pizza in theDaytonarea 29 times and last year they were ranked second in the nation of all independent pizza restaurants. 

Glass said the new restaurant will begin construction next spring and projects opening about nine months later. The nearly 10,000 square foot facility will seat approximately 500 patrons. It is expected that the newMarion’s Piazza will employ about 50 employees when opened.Marion’s Piazza has been in business since 1965 and currently operates seven restaurants in theDaytonarea. They also are under construction with a similar facility inTroywhere they expect to open in January.

Originally published in the November 2011 Issue of  Gem’s Monthly Newsletter.