Newmark closed the sale of LA Centre Office Plaza I and II—a two-property, 139,805-square-foot office portfolio at 25651 and 25777 Detroit Road in Westlake, Ohio.
Newmark Vice Chairman Terry Coyne and Director Claire Coyne represented the undisclosed seller in the sale to buyer JDI Realty, LLC. Newmark has also been retained by the buyer to lease the remaining vacant space at the properties, which includes 11,898 square feet available at LA Centre Office Plaza I.
Building amenities at LA Centre Office Plaza I and II include a 45,000-square-foot conferencing and banquet center, high-tech video conferencing and abundant surface parking surrounding the buildings.
LA Centre Office Plaza I features a Houlihan’s restaurant on site and the buildings are walking distance to retail centers, other restaurants and nearby conveniences. Additionally, the properties are located at the I-90 and Columbia Road interchange and are proximate to Cleveland Hopkins International Airport and NASA Research Center.