A couple of years ago, Weston was sailing along doing business as usual. We had a decent year with a good occupancy rate, an acceptable NOI, and a good family of customers. We had just incorporated the philosophy from the book, Good to Great, and had rolled out our new strategy to our team members […]
From Crain’s Cleveland https://www.crainscleveland.com/real-estate/weston-buys-three-northeast-ohio-industrial-buildings-189-million Weston Inc. snapped up a trio of Northeast Ohio industrial buildings this month in off-market deals totaling $18.9 million. The family-owned company, based in Warrensville Heights, purchased the properties from longtime real estate broker Howard Lichtig. The transactions were an estate-planning exercise for Lichtig, who is 62, and a logical pursuit for […]
After 11 years, Kentucky-based solar installer RegenEn Solar will be operating for the first time out of an office. In July of this year, Founder and President Dan Hofmann and his five employees relocated to 3600 Chamberlain Lane, owned and managed by Weston, Inc. The market for solar panels has increased and continues to be […]
Weston is pleased to announce the recent purchase of the Carolina Industrial Portfolio, a 5.5 million square foot portfolio consisting of 37 buildings and 57 tenants spread across the state of South Carolina, with one asset in North Carolina. The acquisition marks the single largest transaction in Weston’s history as well as in the state […]
Construction is nearly complete on Phase 1 of Weston’s newest 168,750 SF industrial warehouse for rent in Cleveland, OH. Only the finishing touches remain as we are ready to welcome our first tenants to the complex. Madison Industrial Park will consist of 3 buildings totaling 398,000 SF located at the corner of Madison and Berea […]
Weston welcomes new tenant DaVita Kidney Care to their Warrensville Heights family! DaVita, a kidney dialysis clinic, recently held its Ribbon Cutting Ceremony on September 11 at 4670 Richmond Road. In attendance were Mayor Brad Sellers and Congresswoman Juanita Brent, who presented the staff with an official welcome proclamation. Weston COO Rob Namy spoke about […]
The build to suit development located at the intersection of Madison Avenue and Berea Road in Cleveland has begun. It is exciting to watch the precast panel assembly formation of the brand new building rise high in the air. The industrial facility will be a modern state of the art home for manufacturing and distribution […]
Weston acquires an industrial warehouse portfolio in Charlotte, NC; Greenville-Spartanburg, SC; Raleigh-Durham, NC; and Augusta, SC; called the Carolina Industrial Portfolio, it consists of a collection of five industrial assets totaling over 1.5 million square feet. Located in some of the most desirable industrial markets in the Southeast, the Portfolio offers unrivaled exposure to favorable […]
Weston Inc., a leader in industrial real estate ownership and development, has acquired the 1.5 million square foot Park Creek Industrial Portfolio in Indianapolis. The Portfolio consists of 9 buildings of highly functional assets located in the Indianapolis industrial market. The majority of the properties are located in the thriving Northwest submarket and situated in […]