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1100 Superior Avenue East

Brady Sullivan Properties Acquires Office Tower At 1100 Superior Avenue From LNR Partners For $8.1M
SOLDOffice

Brady Sullivan Properties Acquires Office Tower At 1100 Superior Avenue From LNR Partners For $8.1M

1100 Superior Avenue East

$8,100,000

$14/SF

Building Size

576,500 SF

Asset Type

Office

Closing

Oct 7, 2025

AI

1100 Superior Avenue is an office asset located in Cleveland, OH, which has been sold for $8,100,000. The property comprises a 21-story office tower with a total square footage of 576,500, resulting in a price per square foot of $14.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $8,100,000
  • Address: 1100 Superior Avenue
  • Market: Cleveland, OH
  • Seller: LNR Partners LLC
  • Buyer: Brady Sullivan Properties
  • Square Footage: 576,500
  • Price per Square Foot: $14
  • Brokers: Steve Timmel, Will Roberts, Jamie Dunford - CBRE, Warren Blazy III, Eric Smith

CBRE arranged the sale of the property with Steve Timmel, Will Roberts, Jamie Dunford, Warren Blazy III, and Eric Smith representing the seller, LNR Partners LLC, in this transaction.

Players

Steve Timmel

CBRE

Broker

$111.8M

vol

9 deals

Broker
CBRE
CBREBrokerage
LL
LNR Partners LLCSeller

Cleveland Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.96%

Cash-on-Cash

-0.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93