OVERVIEW

Investment Summary: Metropolitan Plaza presents a prime opportunity to acquire a Class A multi-tenant office building in Highland Hills, Ohio. Built in 2000, the property spans approximately 163,105 total square feet and is currently 75% occupied. Its location within the vibrant Chagrin Highlands area offers convenient access to major highways, a diverse array of amenities, and a rich talent pool from nearby colleges and universities, fostering a strong talent pipeline. The property’s extensive amenity package and recent upgrades position it as a competitive choice for discerning tenants, ensuring strong retention and leasing potential. With a weighted average lease term exceeding nine years and competitive rental rates, this investment delivers stable cash flow and long-term upside through the lease-up of vacant space. Metropolitan Plaza benefits from a prime location with proximity to I-271 and major thoroughfares, offering unparalleled connectivity to Cleveland and surrounding areas. The area boasts a strong corporate presence and is supported by nearby dining, retail, and fitness options. The property features a modern tenant lounge, fitness center, conference facilities, on-site food service, covered parking, and a scenic courtyard—recently upgraded to enhance the tenant experience. With 75% occupancy and a weighted average lease term exceeding nine years, the building is anchored by strong tenants and competitive rental rates. Additionally, a 25% vacancy presents a value-add opportunity through lease-up, supported by flexible suite configurations and strong demand in the Class A office market. Built in 2000, Metropolitan Plaza’s modern design and recent upgrades ensure a high-quality tenant experience, making it a compelling investment opportunity.