IAC retains Newmark for 7711 E Pleasant Valley Rd, Independence, OH
ncarol.com/10141093

INDEPENDENCE, Ohio - ncarol.com -- Independence Acquisition Corporation ("IAC) the owner of 7711 E Pleasant Valley Road is excited to announce that Newmark will be their exclusive leasing agent to identify one or more tenants interested in moving into the building.

The Property

The building located at 7711 E. Pleasant Valley Rd is a jewel of the IAC portfolio with over 500,000 sq of warehouse space and close to 100,000 sq feet of Office space.  With more than 18 shipping bays, this property has served as the corporate headquarters of Kichler Lighting for over 30 years.  IAC is hoping to find a single tenant or multiple tenants that would lease the entire space and therefore it is undertaking a national search of companies interested in the facility.  "We are confident there are companies looking to expand to Ohio or looking for more space in the Cleveland area and we hope to attract them toward this building in Independence. Independence is a gem and by many, said to be one of the best places to live in Ohio, with it's natural beauty, incredible residents, highly rated schools, this business friendly community has much to offer," said Dennis Breen, Manager of IAC.  Over the last several weeks, IAC has interviewed several national and local firms.  There has been intense competition to represent this property.  After many deliberations, the company has retained commercial real estate brokerage Newmark  to help it explore its options. With the team led by Terry Coyne, SIOR, CCIM (terrycoyne.com/) it is expected that any new tenant of this size will want to work with Mayor Gregory P. Kurtz and the Independence City Council to ensure a successful introduction to a new neighbor.

More on ncarol.com

• Badanamu and Friends Live Brings Hit Animated Series to Stages Across the United States
• 54 Million Contract. New Chapter as AI Cybersecurity Platform Expands, Margins Surge & Management Signals Confidence. Cycurion, Inc: (NAS DAQ: CYCU)
• MommyAndMe.club Expands Parent-Child Class Directory to All 50 States and Washington, D.C
• Work 365 Deepens TD SYNNEX Integration with Automated Azure Billing
• KayeDinero Puts Asheville's River In Sound With Single "French Broad," Now Available for Preorder

About IAC

IAC, also known as Independence Acquisition Company, is an Arizona company owned by two brothers, Dennis & Michael Breen. The company acquired the property several years ago and hopes to work closely with the new tenant(s) including investing additional capital to expand the warehouse ceilings or number of docks.  IAC is currently reviewing proposals that would upgrade the building with Solar Electric Panel on the roof and is expecting to build out covered parking with electric chargers.

For more information:

Contact :         Stacey Fox, Senior Vice President

Edgewater Financial LLC, Manager

Phone:          520-429-2964

Email          Stacey@Edgewater.Financial

For more information on Terry Coyne of Newmark:

https://www.terrycoyne.com/about

More on ncarol.com

• RAS AP Consulting Signals Growth of Managed AP Governance With Digital Expansion, Pipeline Activation, and Trademark Filing Ahead of Esker All Access
• Vegan Kingz Unveils Upgraded Digital Platform to Streamline Commercial Foodservice & Wholesale Ordering
• Steve Thompson Launches StickyHealth to Tackle the Retention Gap in the Growing GLP 1 Market
• Qscription Technologies Appoints Dr. Kimberly Beavers as Founding Clinical Advisor
• When Hope Feels Gone, Death2life Is Still Here!