Monday, April 8, 2024

Cleveland skyscraper’s new owner plans upgrades

Downtown Cleveland’s third-tallest skyscraper and the fourth-tallest in Ohio,
200 Public Square’s deed of ownership officially transferred last week to an
affiliate of Namdar Realty. The new owner has hired a building manager and
plans improvements to the building, although some were already underway
by the prior owner (KJP). CLICK IMAGES TO ENLARGE THEM.

Purchase of Downtown Cleveland’s third-tallest skyscraper last week was officially confirmed today by the skyscraper’s new owner. A partnership of Namdar Realty Group and Mason Asset Management, both of Long Island, NY, also said they have a formed a five-year capital plan to improve 200 Public Square and hired a new building manager to carry out that plan. Enhancing the retail offerings in the tower’s atrium for office tenants and nearby residential buildings is part of its goal.

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