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Westlake s LaCentre, an office and event complex, sells again | Crain s Cleveland Business

Private-equity firm JDI Realty, which bought the two-building complex in September, has made its exit at what a company principal described as a 'compelling' price.

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LaCentre office buildings in Westlake change hands for $7 3 million

The seller was the Ohio Carpenters' Pension Fund, which ended up with the buildings years ago due to a mortgage default and foreclosure.

United statesChagrin fallsTerry coyneMark nascaLacentre office plazaLevoy hospitality groupOhio carpenter pension fundLacenter office plazaBeachwood apartmentsChagrin boulevardWestin cleveland downtownLacentre conference

Westlake s LaCentre will reopen under new management

The 22,000-square-foot conference and event venue, which closed in early 2020, will be revived by Westlake-based Levoy Hospitality Group LLC.

United statesWestlake lacentreTerry coyneNewmark clevelandDennis cloughJonathan levoyLevoy hospitality groupWest sideRiverdawg consulting

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