comparemela.com

Kathy Sterio News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Nela Park sold, GE Lighting to close two Ohio plants

Nela Park, the home of GE Lighting and considered the world's first industrial park, will soon be under new ownership.

AN AFFILIATE OF PHOENIX INVESTORS ANNOUNCES INTENT TO ACQUIRE HISTORIC NELA PARK IN CLEVELAND, OHIO

/PRNewswire/ An affiliate of Phoenix Investors ("Phoenix"), a national private commercial real estate firm headquartered in Milwaukee, Wisconsin, has.

Milwaukee firm reaches deal to buy historic Nela Park in East Cleveland

Phoenix Investors announced Wednesday, March 9, that it has agreed to buy Nela Park the home of GE Lighting, a Savant company in a transaction that would add more than 1 million square feet to its portfolio. Terms weren't disclosed. GE Lighting will remain a tenant at Nela Park under Phoenix's ownership, but with a smaller footprint than it has at present.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.