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Keystone snatches up empty Laich site.(Keystone Realty Investment Group Inc.)(Laich Industries Corp.)
Crain's Cleveland Business, August, 2006
Byline: STAN BULLARD Looming alongside Interstate 480 in Brook Park like an aircraft carrier docked in port, the empty, 3-year-old former home of Laich Industries Corp. soon will get a new owner and new use as a multitenant warehouse. Keystone Realty Investments Ltd., a real estate investment partnership operated by the Asher family of Solon and longtime industrial broker Kevin Callahan, has agreed to buy the 400,000-square-foot building from Geis Cos.
of Streetsboro, according to both parties in the transaction. The mammoth white building was emptied late in 2005 following the closing and Chapter 11 bankruptcy filing of Laich Industries Corp., a West Side plastics manufacturer. Laich had consolidated its operations from three buildings into the new one...
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