Real estate business

Week in Review: Lordstown Motors, Steward and Commercial Real Estate – Business Journal Daily

YOUNGSTOWN, Ohio – Lordstown Motors Corp. again dominated economic news for the week of April 19, as major commercial real estate stories also garnered a lot of attention.

Lordstown Motors can’t resist Baja

The all-electric Endurance pickup truck from Lordstown Motors Corp. completed less than 40 miles of the 280-mile Score International San Felipe 250 track on April 17 before retiring from racing. Of the 270 participants, only 187 were able to finish.

“The lessons learned in the desert will be part of the Endurance DNA and will help us meet the rigorous performance expectations and demands of our customers,” Lordstown Motors said on its post-race Facebook page. Click on HERE.

Steward’s New Austintown Site

Steward Medical Group’s most recent expansion to Austintown was born out of a long-standing friendship between Dr. James Shina and Dr. Christopher Raymond, and their passion for the community.

The new building at 1440 S. Canfield-Niles Road houses Steward Primary Care, Steward Multispecialty Care and Raymond Chiropractic. Bringing these methods of care together under one roof, Shina said, improves access for patients in a community that has traditionally lacked specialized care. Click on HERE.

Big commercial real estate news

After a three-day online auction, a Miami, Florida-based redevelopment investment group placed the winning bid of $1.15 million on the historic downtown Chase Tower building. The deal’s broker said the developer was looking to bring a “fresh perspective” to the city centre. Click on HERE.

Additionally, the recent purchase of the property at 3620 Starr Center Drive, Canfield will make way for a property and building upgrade, which includes the Pour House Bar & Grill. Suleiman Holdings of Ohio Inc. purchased the property for $780,000. Click on HERE.

Copyright 2022 The Business Journal, Youngstown, Ohio.

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