Nestlé Prepared Foods purchased the building located at 30500 Bainbridge Road in Solon, Ohio from the seller, Keithley Instruments, Inc., for $3,800,000.00. Nestlé needed the additional space for its campus employees as its business has been growing. Nestlé currently owns several buildings in the Bainbridge/Harper roads area of Solon.
“We are very pleased to have a significant international company like Nestlé buy the property, as it reinforces Nestlé’s continued presence in the Solon and Greater Cleveland community,” said David Hexter, SIOR, and Principal of NAI Daus. “It is also great to see these major corporations expanding in the Northeast Ohio region.”
David Hexter, SIOR, Principal and Jeffrey Calig, CCIM, Vice President of NAI Daus represented the seller, Keithley Instruments, Inc., while Nestle Prepared Foods Company was represented by CB Richard Ellis in this transaction.