Monday, December 1, 2014

HFF named to market for sale Class A office tower in Dayton, OH


Kettering Tower, 40 North Main Street, Central Business District, Dayton, OH

Ken Martin
INDIANAPOLIS, IN – HFF announced today that it has been named to market for sale Kettering Tower, a 495,558-square-foot, Class A office tower in Dayton, Ohio’s central business district.

               HFF is marketing the offering on behalf of the seller, Dunkirk Realty, Ltd. 

               Kettering Tower is situated on a two-acre site at 40 N Main Street visible from Interstate 75 in Dayton’s central business district. 

The 30-story property is across from the Schuster Performing Arts Center and within blocks of the Dayton Regional Transit Authority hub, Great Miami River Recreational Trail and the Dayton Convention Center. 

Originally built in 1971, Kettering Tower was most recently renovated in 2012 and is leased to tenants including JPMorgan Chase, The Dayton Racquet Club, Rogers & Greenburg, Thorn Lewis + Duncan, and Pickrell Schaeffer & Ebeling, all of which have resided at the property since inception. 

Dave Keller
Building amenities include an eight-level, 460-space connected garage, and a Chase Bank branch, tenant lounge areas, restaurant/bar, optometrist and men’s clothing store, all located in the lobby. 

On the upper floors tenants have access to a conference center, cafeteria and The Dayton Racquet Club, which features squash, a full-service workout facility, fine dining and conference and function facilities.  The offering also includes a surface parking lot, which is suitable for redevelopment.

               The HFF investment sales team representing Dunkirk is led by director Ken Martin and acquisition financing can be arranged through Dave Keller.  Colliers International’s Paul Miller is the Ohio broker of record.

               Dunkirk Realty Partners is an international commercial real estate investment firm based in Long Island, New York.  Founded more than 30 years ago, Dunkirk Realty has owned and operated millions of square feet across the United States and abroad.
  
For a complete copy of the company’s news release, please contact:

Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com


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