Realife buys First Federal building in Westlake
CoStar
An office complex in Westlake that dates from the suburb s rapid expansion era in the 1970s is the latest purchase by Realife Real Estate Group.
Realife Real Estate Group, a real estate investment and ownership concern based in Independence, has added a Westlake office building to its Northeast Ohio portfolio.
Through RL Westlake I LLC, the company led by investor Yaron Kandelker on Dec. 24 acquired the four-floor First Federal Lakewood Savings Bank Building, 24441-24481 Detroit Ave., for almost $3 million, according to Cuyahoga County land records.
The seller of the Georgian-style office building was the Lakewood-based financial concern. First Federal plans to continue to maintain a branch office on the east end of the structure.