Weber Wood Medinger closes 46,000-square-foot office lease in Cleveland

May 17, 2013  |  Staff Writer  |  Print Article  |  Email this Article

The commercial real estate news out of Cleveland has been good lately, with the city’s Global Center for Health Innovation and Conference Center set to open ahead of schedule and a new casino drawing crowds to downtown. The recent announcement of a new 46,000-square-foot office lease by the Revenue Group continues the trend.

Weber Wood Medinger/CORFAC International recently closed a 46,676-square-foot office lease on behalf of the Revenue Group at 4780 Hinckley Industrial Parkway in Cleveland.

Revenue Group will occupy the first and second office floors of the 140,000-square-foot office building, a former call center. The building was purchased by developers Chris Semarjian and Stuart Lichter in January of this year.  The Revenue Group signed a 15-year lease and will complete a staged move-in during the current calendar quarter.

James Klements and Denise Hahn of Weber Wood Medinger/CORFAC International represented the Revenue Group in the lease negotiations.

Revenue Group is a national accounts receivable firm.

Ohio Realty Advisors is handling the leasing of the remaining 93,000 square feet of office space at the building.

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