Commercial Property

New York firm acquires industrial property near Downtown Cincinnati for $4.6M


CINCINNATI (Cincinnati Business Courier) – A growing New York firm entered the Cincinnati market with the acquisition of a Queensgate industrial property for a sum more than double its last assessed valuation.

Ironhorn Enterprises, a Syracuse, N.Y.-based real estate company focused on industrial properties, closed Oct. 30 on the acquisition of 1100 Gest St. through a holding company, according to public records.

The firm paid $4.6 million with a mortgage from NexTier Bank National Association.

Read the full story from the Cincinnati Business Courier.

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