Former Ford plant in Brook Park sells for $31.5 million
Michelle Jarboe/Crain's Cleveland Business
Real estate developers recently paid $31.5 million for a former Ford Motor Co. engine plant in Brook Park. The 195-acre site had been on the market since 2018.
How much is a former Ford Motor Co. plant worth?
In Brook Park, the answer is $31.5 million.
A joint venture among real estate developers Weston Inc., the DiGeronimo Cos. and Scannell Properties acquired the long-shuttered Cleveland Engine Plant No. 2 last week, according to public records.
The 1.7 million-square-foot complex sits on a 195-acre site along Snow Road, east of Cleveland Hopkins International Airport. It's located south of the automaker's Cleveland Engine Plant No. 1, which is still operating.