The Cooper Commercial Investment Group closed the sale of Enterprise Plaza, a 130,000-square-foot office and medical building in Beachwood, Ohio.
Dan Cooper of the Cooper Commercial Investment Group in Cleveland represented the seller, a real estate investment firm based in Cleveland.
The private buyer purchased the asset for $15 million, representing 98% of the list and a CAP rate of 8.45%.
Enterprise Place is a Class-A medical and professional building with amenities including outdoor terraces, landscaped grounds, heated indoor parking, a cafe, conference room and on-site staff.