Posted July 5, 200618 yr From the 7/4/06 Enquirer: PHOTO: One of two buildings housing the Union Institute and University along E. McMillan Street in Walnut Hills. The Institute plans to relocate to leased facilities. The Enquirer/Gary Landers Union Institute to sell historic buildings School restored sites on McMillan in Walnut Hills BY JON NEWBERRY | ENQUIRER STAFF WRITER The Union Institute and University is selling two historic buildings that it restored on East McMillan Street in Walnut Hills as part of a plan to divest its real estate holdings and relocate to leased facilities. The Gruen Watch Co.'s former Time Hill headquarters, completed in 1916, and the 1921 Procter & Collier ad agency building across the street are both being marketed by Colliers Turley Martin Tucker real estate brokerage. List prices are $2.9 million and $3.9 million, respectively... http://news.enquirer.com/apps/pbcs.dll/article?AID=/20060704/NEWS01/607040371/1056/rss02
July 5, 200618 yr Wow...let's hope something good happens with those buildings. A few years ago, I'd have been a lot more worried than I am now - with the old Ford plant and the Alexandria all rehabbed to the east, and with that McMillan Manor or whatever going up and the pager store and carry out demolished to the west, I'm definitely not as worried as I would have been...
July 5, 200618 yr Ditto, these are landmark buildings; I am sure something useful will be done with them.
July 17, 200717 yr From the 4/9/07 Cincinnati Business Courier: Union Institute leases back larger of 2 buildings School to stay in Walnut Hills as smaller remains for sale Cincinnati Business Courier - April 6, 2007 by Laura Baverman Staff Reporter A private university known for its criminal justice degrees has chosen to stay in Walnut Hills, despite the sale of one of its historic buildings. Union Institute announced in July that it would sell its two East McMillan Street buildings and seek smaller administrative and classroom space inside the Interstate 275 loop. But negotiations with a private investment group have allowed the school to sell and then lease back the larger of the two buildings. The 55,000-square-foot building sold for its asking price of $3.95 million on April 2. Union will lease it for 10 years... http://cincinnati.bizjournals.com/cincinnati/stories/2007/04/09/story7.html
Create an account or sign in to comment