August 2016
Cleveland, OH & Pittsburgh, PA (August 17, 2016) – John R. Homsher, CCIM, and 2016 President of CORFAC International announced today that two CORFAC International firms have teamed up to represent Scottrade in two lease transactions in the Cleveland, OH-area and one in a Pittsburgh, PA suburb.
Scottrade leased approximately 1,877 square feet in a multi-tenanted building in Akron, OH, from Landlord Capstone Commercial. The building, located at 123-125 Ghent Road, is approximately 12,511 square feet.
The online trading, investment and retirement planning, stock-brokerage company also leased approximately 2,402 square feet at 4065 Richmond Road in Warrensville Heights, OH. That multi-tenanted building is approximately 233,888 square feet and it is owned by Schottenstein Property Group.
Denise Hahn with Weber Wood Medinger/CORFAC International’s Cleveland office represented Scottrade in both Ohio leases.
In Upper St. Clair, Pennsylvania, an affluent suburb about 10 miles south of Pittsburgh, Scottrade leased approximately 1,917 square feet in an 85,000-square-foot building. The multi-tenanted building is located at 100 Sienna Drive and is owned by and investor named 1800 Washington Road.
Kevin Riley, CCIM, with Weber Wood Medinger/CORFAC International’s Pittsburgh office represented Scottrade in the Upper St. Clair transaction.
Terms of the leases were not disclosed.
All three of the leases were referred by Scott Savacool, CCIM, SIOR and an Associate with Sansone Group/CORFAC International, based in St. Louis, MO. Savacool and brokers in other markets have represented Scottrade in dozens of transactions throughout the U.S.
About Weber Wood Medinger
Since 1968, Weber Wood Medinger/CORFAC International (WWM) has provided an extensive range of real estate services to corporations and investors locally, nationally and internationally by working with a ‘best-in-class’ business model and partnering with the most qualified real estate professionals in multiple markets to represent its clientele. The Beachwood, OH-based company has represented more than 30 Cleveland-area companies in selecting headquarters facilities for their respective businesses and in a variety of methods, including lease, acquisition, build-to-suit development and ground-up construction. The firm’s principals have expertise in corporate consulting, strategic planning, tenant representation specializing in office, R&D and industrial properties, marketing, transaction analysis and landlord representation. For more information visit www.wwmrealestate.com or call 216.464.7100.
About CORFAC International
CORFAC International is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail properties, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. CORFAC has more than 80 offices throughout the Americas, Europe and Asia and in 2016 was recognized as a top 20 Commercial Real Estate Brokerage Services firm by the National Real Estate Investor. Founded in 1989,
CORFAC firms completed more than 11,000 lease and sales transactions in 2015 totaling 500 million square feet of space valued in excess of $8.5 billion. For more information on the CORFAC network, call the Chicago headquarters at 224.257.4400 or visit www.corfac.com.