{"id":212,"date":"2017-01-27T13:11:21","date_gmt":"2017-01-27T18:11:21","guid":{"rendered":"https:\/\/www.lee-associates.com\/cleveland\/?p=212"},"modified":"2017-01-27T13:11:21","modified_gmt":"2017-01-27T18:11:21","slug":"investors-buy-office-complex-for-50-million","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/cleveland\/2017\/01\/27\/investors-buy-office-complex-for-50-million\/","title":{"rendered":"Investors buy office complex for $50 million"},"content":{"rendered":"
\n
\n\t

Photo by: \u00a0STAN BULLARD<\/a>
<\/span>The Park Center Plaza office complex in Independence changed hands Jan. 6, 2017 for $49.95 million. Lee & Associates broker Joseph Greenberg<\/strong> leads the locally-led investor group.<\/p>\n

Stamford, Conn.-based private equity fund Five Mile Capital Partners placed a big bet early on the Rockside Road office market, and it just reaped a big part of its reward.<\/p>\n

Through FMC Investment Opportunities Cleveland Office Portfolio SPE llc, Five Mile on Jan. 6 sold the Park Center Plaza trio of buildings in Independence for $49.95 million. \u00a0READ MORE<\/strong><\/a><\/p>\n

\u00a0<\/p>\n

\u00a0<\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"

Photo by: \u00a0STAN BULLARDThe Park Center Plaza office complex in Independence changed hands Jan. 6, 2017 for $49.95 million. Lee…+<\/a><\/span><\/p>\n","protected":false},"author":3,"featured_media":213,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-212","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nInvestors buy office complex for $50 million - Cleveland | Lee & Associates<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lee-associates.com\/cleveland\/2017\/01\/27\/investors-buy-office-complex-for-50-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Investors buy office complex for $50 million\" \/>\n<meta property=\"og:description\" content=\"Photo by: \u00a0STAN BULLARDThe Park Center Plaza office complex in Independence changed hands Jan. 6, 2017 for $49.95 million. Lee...+\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.lee-associates.com\/cleveland\/2017\/01\/27\/investors-buy-office-complex-for-50-million\/\" \/>\n<meta property=\"og:site_name\" content=\"Cleveland | Lee & Associates\" \/>\n<meta property=\"article:published_time\" content=\"2017-01-27T18:11:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.lee-associates.com\/cleveland\/wp-content\/uploads\/sites\/20\/2017\/01\/AR-170119859.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"880\" \/>\n\t<meta property=\"og:image:height\" content=\"660\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"TinyFrog\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TinyFrog\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"TinyFrog\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/cleveland\\\/2017\\\/01\\\/27\\\/investors-buy-office-complex-for-50-million\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/cleveland\\\/2017\\\/01\\\/27\\\/investors-buy-office-complex-for-50-million\\\/\"},\"author\":{\"name\":\"TinyFrog\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/cleveland\\\/#\\\/schema\\\/person\\\/ec83827812deedcdc374bb74b5acc357\"},\"headline\":\"Investors buy office complex for $50 million\",\"datePublished\":\"2017-01-27T18:11:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/cleveland\\\/2017\\\/01\\\/27\\\/investors-buy-office-complex-for-50-million\\\/\"},\"wordCount\":96,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/cleveland\\\/2017\\\/01\\\/27\\\/investors-buy-office-complex-for-50-million\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.lee-associates.com\\\/cleveland\\\/wp-content\\\/uploads\\\/sites\\\/20\\\/2017\\\/01\\\/AR-170119859.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.lee-associates.com\\\/cleveland\\\/2017\\\/01\\\/27\\\/investors-buy-office-complex-for-50-million\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/cleveland\\\/2017\\\/01\\\/27\\\/investors-buy-office-complex-for-50-million\\\/\",\"url\":\"https:\\\/\\\/www.lee-associates.com\\\/cleveland\\\/2017\\\/01\\\/27\\\/investors-buy-office-complex-for-50-million\\\/\",\"name\":\"Investors buy office complex for $50 million - Cleveland | Lee & Associates\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/cleveland\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/cleveland\\\/2017\\\/01\\\/27\\\/investors-buy-office-complex-for-50-million\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/cleveland\\\/2017\\\/01\\\/27\\\/investors-buy-office-complex-for-50-million\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.lee-associates.com\\\/cleveland\\\/wp-content\\\/uploads\\\/sites\\\/20\\\/2017\\\/01\\\/AR-170119859.jpg\",\"datePublished\":\"2017-01-27T18:11:21+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/cleveland\\\/#\\\/schema\\\/person\\\/ec83827812deedcdc374bb74b5acc357\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/cleveland\\\/2017\\\/01\\\/27\\\/investors-buy-office-complex-for-50-million\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.lee-associates.com\\\/cleveland\\\/2017\\\/01\\\/27\\\/investors-buy-office-complex-for-50-million\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/cleveland\\\/2017\\\/01\\\/27\\\/investors-buy-office-complex-for-50-million\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.lee-associates.com\\\/cleveland\\\/wp-content\\\/uploads\\\/sites\\\/20\\\/2017\\\/01\\\/AR-170119859.jpg\",\"contentUrl\":\"https:\\\/\\\/www.lee-associates.com\\\/cleveland\\\/wp-content\\\/uploads\\\/sites\\\/20\\\/2017\\\/01\\\/AR-170119859.jpg\",\"width\":880,\"height\":660},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/cleveland\\\/2017\\\/01\\\/27\\\/investors-buy-office-complex-for-50-million\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.lee-associates.com\\\/cleveland\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Investors buy office complex for $50 million\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/cleveland\\\/#website\",\"url\":\"https:\\\/\\\/www.lee-associates.com\\\/cleveland\\\/\",\"name\":\"Cleveland | Lee & Associates\",\"description\":\"Your Local Market Experts.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.lee-associates.com\\\/cleveland\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/cleveland\\\/#\\\/schema\\\/person\\\/ec83827812deedcdc374bb74b5acc357\",\"name\":\"TinyFrog\",\"sameAs\":[\"https:\\\/\\\/tinyfrog.com\",\"https:\\\/\\\/x.com\\\/TinyFrog\"],\"url\":\"https:\\\/\\\/www.lee-associates.com\\\/cleveland\\\/author\\\/tinyfrog\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Investors buy office complex for $50 million - Cleveland | Lee & Associates","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.lee-associates.com\/cleveland\/2017\/01\/27\/investors-buy-office-complex-for-50-million\/","og_locale":"en_US","og_type":"article","og_title":"Investors buy office complex for $50 million","og_description":"Photo by: \u00a0STAN BULLARDThe Park Center Plaza office complex in Independence changed hands Jan. 6, 2017 for $49.95 million. Lee...+","og_url":"https:\/\/www.lee-associates.com\/cleveland\/2017\/01\/27\/investors-buy-office-complex-for-50-million\/","og_site_name":"Cleveland | Lee & Associates","article_published_time":"2017-01-27T18:11:21+00:00","og_image":[{"width":880,"height":660,"url":"https:\/\/www.lee-associates.com\/cleveland\/wp-content\/uploads\/sites\/20\/2017\/01\/AR-170119859.jpg","type":"image\/jpeg"}],"author":"TinyFrog","twitter_card":"summary_large_image","twitter_creator":"@TinyFrog","twitter_misc":{"Written by":"TinyFrog"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.lee-associates.com\/cleveland\/2017\/01\/27\/investors-buy-office-complex-for-50-million\/#article","isPartOf":{"@id":"https:\/\/www.lee-associates.com\/cleveland\/2017\/01\/27\/investors-buy-office-complex-for-50-million\/"},"author":{"name":"TinyFrog","@id":"https:\/\/www.lee-associates.com\/cleveland\/#\/schema\/person\/ec83827812deedcdc374bb74b5acc357"},"headline":"Investors buy office complex for $50 million","datePublished":"2017-01-27T18:11:21+00:00","mainEntityOfPage":{"@id":"https:\/\/www.lee-associates.com\/cleveland\/2017\/01\/27\/investors-buy-office-complex-for-50-million\/"},"wordCount":96,"commentCount":0,"image":{"@id":"https:\/\/www.lee-associates.com\/cleveland\/2017\/01\/27\/investors-buy-office-complex-for-50-million\/#primaryimage"},"thumbnailUrl":"https:\/\/www.lee-associates.com\/cleveland\/wp-content\/uploads\/sites\/20\/2017\/01\/AR-170119859.jpg","articleSection":["News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.lee-associates.com\/cleveland\/2017\/01\/27\/investors-buy-office-complex-for-50-million\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.lee-associates.com\/cleveland\/2017\/01\/27\/investors-buy-office-complex-for-50-million\/","url":"https:\/\/www.lee-associates.com\/cleveland\/2017\/01\/27\/investors-buy-office-complex-for-50-million\/","name":"Investors buy office complex for $50 million - Cleveland | Lee & Associates","isPartOf":{"@id":"https:\/\/www.lee-associates.com\/cleveland\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.lee-associates.com\/cleveland\/2017\/01\/27\/investors-buy-office-complex-for-50-million\/#primaryimage"},"image":{"@id":"https:\/\/www.lee-associates.com\/cleveland\/2017\/01\/27\/investors-buy-office-complex-for-50-million\/#primaryimage"},"thumbnailUrl":"https:\/\/www.lee-associates.com\/cleveland\/wp-content\/uploads\/sites\/20\/2017\/01\/AR-170119859.jpg","datePublished":"2017-01-27T18:11:21+00:00","author":{"@id":"https:\/\/www.lee-associates.com\/cleveland\/#\/schema\/person\/ec83827812deedcdc374bb74b5acc357"},"breadcrumb":{"@id":"https:\/\/www.lee-associates.com\/cleveland\/2017\/01\/27\/investors-buy-office-complex-for-50-million\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.lee-associates.com\/cleveland\/2017\/01\/27\/investors-buy-office-complex-for-50-million\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.lee-associates.com\/cleveland\/2017\/01\/27\/investors-buy-office-complex-for-50-million\/#primaryimage","url":"https:\/\/www.lee-associates.com\/cleveland\/wp-content\/uploads\/sites\/20\/2017\/01\/AR-170119859.jpg","contentUrl":"https:\/\/www.lee-associates.com\/cleveland\/wp-content\/uploads\/sites\/20\/2017\/01\/AR-170119859.jpg","width":880,"height":660},{"@type":"BreadcrumbList","@id":"https:\/\/www.lee-associates.com\/cleveland\/2017\/01\/27\/investors-buy-office-complex-for-50-million\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.lee-associates.com\/cleveland\/"},{"@type":"ListItem","position":2,"name":"Investors buy office complex for $50 million"}]},{"@type":"WebSite","@id":"https:\/\/www.lee-associates.com\/cleveland\/#website","url":"https:\/\/www.lee-associates.com\/cleveland\/","name":"Cleveland | Lee & Associates","description":"Your Local Market Experts.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.lee-associates.com\/cleveland\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.lee-associates.com\/cleveland\/#\/schema\/person\/ec83827812deedcdc374bb74b5acc357","name":"TinyFrog","sameAs":["https:\/\/tinyfrog.com","https:\/\/x.com\/TinyFrog"],"url":"https:\/\/www.lee-associates.com\/cleveland\/author\/tinyfrog\/"}]}},"_links":{"self":[{"href":"https:\/\/www.lee-associates.com\/cleveland\/wp-json\/wp\/v2\/posts\/212","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lee-associates.com\/cleveland\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lee-associates.com\/cleveland\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lee-associates.com\/cleveland\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lee-associates.com\/cleveland\/wp-json\/wp\/v2\/comments?post=212"}],"version-history":[{"count":2,"href":"https:\/\/www.lee-associates.com\/cleveland\/wp-json\/wp\/v2\/posts\/212\/revisions"}],"predecessor-version":[{"id":215,"href":"https:\/\/www.lee-associates.com\/cleveland\/wp-json\/wp\/v2\/posts\/212\/revisions\/215"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.lee-associates.com\/cleveland\/wp-json\/wp\/v2\/media\/213"}],"wp:attachment":[{"href":"https:\/\/www.lee-associates.com\/cleveland\/wp-json\/wp\/v2\/media?parent=212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lee-associates.com\/cleveland\/wp-json\/wp\/v2\/categories?post=212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lee-associates.com\/cleveland\/wp-json\/wp\/v2\/tags?post=212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}