Geis Plans to Renovate the Whitlatch Building
While many real estate developers in downtown Cleveland have been investing in the conversion of former office buildings into apartments or hotels, Geis Cos. is bucking the trend. Geis, based in Streetsboro, Ohio, will be renovating the Whitlatch Building on Carnegie Avenue into an updated, contemporary office space. Miami-Jacobs Career College will serve as the primary tenant following renovations, having leased the first floor and basement of the building for their new Northeast Ohio location. The developers have received a $2.3 million loan from Pittsburgh-based Dollar Bank and renovations for the 33,000 square foot building are estimated to cost over $3 million.
Read more at Crain’s Cleveland.