Cleveland, Ohio Jan 5, 2021 (Issuewire.com) - My Place Group, a leading real estate development company with a primary focus in Ohio City, recently purchased Mariner’s Watch, a luxury apartment community located at 3107 Detroit Avenue, Cleveland OH 44113. Mariners Watch will add 62 residential units to the My Place Group Portfolio of over $100 Million of active development.
This off-market transaction was executed by My Place Groups in house broker, Paul DiVincenzo, and Charles Gagliano with Marcus & Millichap.
“Mariner’s Watch represents a great addition to the My Place Group portfolio because of its prime Hingetown location and amenities,” said President, Chad Kertesz. “With the current occupancy rates in Ohio City and projections, we are confident Mariner’s Watch will excel in our portfolio of luxury properties including Clinton West located at 3007 Clinton Avenue, just one block away.
Built-in 2015, Mariner’s Watch is a 95,000-square-foot multi-family building located in the heart of Hingetown, a thriving and diverse enclave in Ohio City. With its 62 units, Mariner’s watch features breathtaking sunset, lake, and downtown views combined with spacious floor plans and luxury amenities.
My Place Group is a leading local real estate company making its mark in Northeast Ohio’s most desirable neighborhoods. My Place Group offers the complete real estate package by providing a broad range of services including land development, property rehabilitation and remodeling of both residential and commercial properties, luxury apartment leasing and real estate sales, and most notably, property management. Today, the fast-growing company proudly boasts a 98% tenant occupancy rate within a robust real estate portfolio of residential and commercial properties in Northeastern Ohio with another 250 residential units in active development coming soon. For more information, please visit MyPlaceGroup.com
Media Contact
My Place Group svetlana@myplacecleveland.com 2166593322 2019 center street, suite 101Cleveland OH 44113 http://Myplacegroup.com
