Grubb & Ellis Company recently helped PB IL OREO LLC sell industrial space located at the former Lucas Aerospace facility in Cleveland.
Grubb & Ellis sold the space known as Unit No. 2, totalling 198,000 square feet, to Stuart Lichter and Chris Semarjian, dba Lena Commerce, for $1.7 million.
The former Lucas Aerospace Facility was built in 1989. It sits on 28.37 acres.
Terry Coyne of Grubb & Ellis represented the seller, PB IL OREO, LLC.