This is One Iconic Project
Construction was completed in December, 2017 with change of use from offices to luxury apartments.
Weston acquired the Standard Building to complete a comprehensive historical tax credit redevelopment and change of use from offices to luxury multifamily rental apartments. Federal and State Historical Tax Credits have been awarded; construction was completed in December, 2017.
Multiple other layers of financing were utilized including a bridge loan on the tax credits, subordinate financing from Cleveland Development Advisors. A capital lease structure was completed with the Port of Cleveland.
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Acquisition
Weston acquires a fully occupied 2 million SF industrial portfolio in Indiana
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Acquisition
Weston has completed the acquisition of the 104,311 SF Southpointe Parkway Flex Portfolio
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Leasing
Weston achieved full lease‑up and early stabilization of the 752,600 SF Anderson Industrial Campus
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