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Kowit & Passov Real Estate

Friday, February 22, 2013

SOLD: Lakewood Center North Under New Ownership

The Kowit & Passov Real Estate group closed the deal this week on the acquisition of Lakewood Center North at 14600 Detroit Avenue for just under $3.4 million.

The same folks who brought success to the Bailey and INA buildings on Detroit Avenue are looking to take some of their talents across the street to the largest commercial property of its kind in Lakewood. The Kowit & Passov Real Estate group closed the deal this week on the acquisition of Lakewood Center North at 14600 Detroit Avenue for just under $3.4 million. That news comes after the 258,470-square-foot building — among the largest commercial structures in Lakewood and certainly the tallest — has seen its number of tenants dwindle in recent years to about 50 percent occupancy. United Transportation Union, an AFL-CIO labor union affiliate representing railroad workers, was headquartered in the building until it moved to North Olmsted a …

Bob Beck

12:10 am on Wednesday, February 27, 2013

Well yah, it's creative thinking...but what are you going to do with all the air conditioning units and the transmission antennae up there. There's just no room for any of that stuff. And Ian, about the hotel patio...not at Lakewood Center North. The restaurant has all the best space tied up for that.   more ›

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