Cincinnati Business Courier, Deal of the Week
Property name: 575 Quality Blvd.
Buyer: Faropoint Ventures
Seller: Bunnell Hill Development Co. Inc.
Listing brokers, firm: Kevin Scott, Henkle Schueler & Associates
Buyer’s broker, firm: Rod MacEachen and Roddy MacEachen, SqFt Commercial
Purchase price: $5.3 million
Deal closed: March 2020
Description of property: A more than 72,000-square-foot office/warehouse free-standing building on 12 acres
Address: 575 Quality Blvd., Fairfield 45014
Behind the deal: This building, leased to Flint Group, is Faropoint’s 10th industrial building acquisition in Greater Cincinnati and Northern Kentucky since summer 2019 with an additional more than $50 million to place in 2020.
Deal of the Week examines a recent noteworthy lease or sale of local commercial property and/or a residential sale; the transaction must exceed a minimum of $1 million.