Thursday, January 12, 2023

Lakefront properties change hands

The lakefront property on Cleveland near-West Side to change hands most
recently was the Premium Metals site, highlighted in red. But The Edison
at Gordon Square, seen just beyond it, also sold to a new owner in the
 past week (Cresco). CLICK IMAGES TO ENLARGE THEM.  

In the past week, two significant property sales occurred near the lakefront in Cleveland’s Gordon Square neighborhood. While both occurred on different sides of Breakwater Avenue, one sale was of a former light-industrial property that was redeveloped with residential a little more than five years ago. The other sale was of a light-industrial property that has been destined for years to become residential and may now be on a faster ride in that direction.


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