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| On Cleveland’s Flats East Bank, the two buildings at the right are only a part of the Samsel Supply Co.’s properties on Old River Road it sold to GBX Group LLC. But the red brick building is the largest of them, and it may be expanded vertically to accommodate apartments atop, with parking in the four floors above ground-floor retail and res- taurants (Google). CLICK IMAGES TO ENLARGE THEM |
In a few years, a group of 100- to 150-year-old Samsel Supply Co. buildings on both sides of Old River Road on downtown Cleveland’s Flats East Bank, could gain new life, according to several real estate sources. The reason is that Cleveland-based GBX Group LLC, doing business through several affiliates created for the ownership of these properties, acquired the five buildings and intends to redesign at least one of them — possibly significantly.
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