The One Cleveland Center, that silver chisel-shaped building located on the corner of East 9th Street and St. Clair in downtown Cleveland (and incidentally, where the KJK offices are located), was sold to Optima International LLC for $86.3 million. The building's prior owner, Meridian Realty Investments, had purchased the building three years ago for $65 million. During the past three years however, Meridian Realty did a stellar job of boosting occupancy, which obviously paid off handsomely.
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