SVN Summit Commercial Real Estate Advisors closed the sale of a two-building, multi-tenant investment property at 555–557 E. Tallmadge Ave. in Akron, Ohio. The asset sold for $2.65 million.
The transaction was led by Graydon Fox, Advisor at SVN Summit CRE, who represented the seller, and Jerry Fiume, SIOR, CCIM, Managing Director at SVN Summit CRE, who represented the buyer. The collaborative effort highlights how SVN advisors work as a true team to create value and deliver the best outcomes for clients on both sides of the table.
Situated in Akron’s North Hill industrial corridor, the property benefits from nearby access to State Route 8 and is well positioned for long-term growth and reinvestment…