UNLOCK THE POWER OF THE VAULT

San Diego company scoops up another downtown spot

December 6, 2016

San Diego company scoops up another downtown spot

December 04, 2016 |By  |Cleveland Business

 

 

MVP Reit Inc., a San Diego-based public company that invests in automobile parking properties, is the new owner of the Lincoln Building in downtown Cleveland after paying $7.3 million for it to a local investor group.

Lincoln is a seven-story building at 708 St. Clair Avenue that was built in 1917. The building is best known as the former home of the long-closed Pat Joyce’s Tavern downtown, a popular restaurant and bar in the 1970s.

The structure incorporates about 500 parking spaces as well as retail space on its first floor and a floor of empty offices on its top floor, according to a Nov. 18 filing by MVP with the U.S. Securities and Exchange Commission. The same filing includes the purchase price.

Read Full Article Located Here

Print Friendly, PDF & Email
Go Back
Steve Siepak
Blue Vault session at the recent National Planning Holdings National Conference
September 13, 2017

The well-attended Blue Vault session at the recent National Planning Holdings National Conference was very well received. The value of their products was evidenced by the volume of questions from the attendees. Stacy Chitty, Managing Partner, did an excellent job of explaining the history, strategy and value of Blue Vault data.