Crain's Cleveland Business - July 10, 2007
An investment partnership led by Griffin Capital Co. of Los Angeles paid $35.8 million on June 29 for the headquarters and warehouse of Kichler Lighting Co., 7711 East Pleasant Valley Road in Independence, land records show.
Barry Minoff, Kichler chairman, said the company had sold the headquarters and warehouse in a sale-leaseback. He said the company leased the property for 15 years. The building includes 600,000 square feet of warehouse and office space.
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Wednesday, July 11, 2007
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