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OhioOffice

HFF to market Dayton’s Kettering Tower

Staff Writer April 4, 2017
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HFF has been named to market for sale Kettering Tower, a 495,558-square-foot, Class-A office tower in central business district of Dayton, Ohio.

HFF is marketing the offering on behalf of the seller, Dunkirk Realty, Ltd.

Kettering Tower sits on a 2-acre site at 40 N. Main St. in Dayton. The 30-story property is across from the Schuster Performing Arts Center and within blocks of the Dayton Regional Transit Authority hub, Great Miami River Recreational Trail and the Dayton Convention Center.

Originally built in 1971, Kettering Tower was most recently renovated in 2012, and is leased to tenants including JPMorgan Chase, The Dayton Racquet Club, Rogers & Greenburg, Thorn Lewis + Duncan and Pickrell Schaeffer & Ebeling, all of which have resided at the property since inception.

Building amenities include an eight-level, 460-space connected garage, and a Chase Bank branch, tenant lounge areas, restaurant/bar, optometrist and men’s clothing store, all located in the lobby.  On the upper floors, tenants have access to a conference center, cafeteria and The Dayton Racquet Club, which features squash, a full-service workout facility, fine dining and conference and function facilities.  The offering also includes a surface parking lot, which is suitable for redevelopment.

The HFF investment sales team representing Dunkirk is led by director Ken Martin. Acquisition financing can be arranged through Dave Keller.  Colliers International’s Paul Miller is the Ohio broker of record.

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