Samsel Supply Co. sells warehouse, waterfront buildings on Flats east bank in Cleveland

  • 📰 clevelanddotcom
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

Companies affiliated with a Cleveland-based developer has bought four buildings on the east bank of The Flats – three of which are on the waterfront of the Cuyahoga River – though the developer is remaining mum on its plans for the space.

CLEVELAND, Ohio — Companies affiliated with a Cleveland-based developer have bought four buildings on the east bank of The Flats – three of which are on the waterfront of the Cuyahoga River – though the developer is remaining mum on its plans for the space.

Winton was coy about the future of the properties. He said in an email that GBX would notify news outlets when plans are finalized, which will be by the end of March. Kathy Petrick, who co-owns Samsel with her brother, Mike Samsel, said in an email that the company “has been right-sizing their business footprint and efficiencies

Tenants remain in some of the buildings that Samsel sold. The Italianate-style Upson-Walton Co. Building, which dates to the 1800s and is on the National Register of Historic Places. It previously operated as a clearance center for Arhaus Furniture, but the company in 2007 moved to a suburban shopping center.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 301. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.