Diamond Properties Acquires 100,301-Square-Foot Industrial Facility in Brunswick, Ohio

Fully leased Cleveland-area property serves as the corporate headquarters of I.D. Images LLC

BRUNSWICK, Ohio--(BUSINESS WIRE)--Diamond Properties announced the acquisition of 1120 West 130th Street, a 100,301-square-foot industrial facility in Brunswick, Ohio, within the greater Cleveland industrial market.

The property is 100% leased to I.D. Images LLC through June 2031 and serves as the company’s corporate headquarters as well as an order fulfillment and distribution facility. Founded in 1995, I.D. Images is a North American label manufacturer serving customers across industries including food and beverage, health and beauty, automotive, shipping and logistics, and medical and laboratory services.

Built in 2000 on approximately 7.3 acres, the property features 30-foot clear heights, 13 dock doors, one drive-in door, 107 parking spaces and 3,000 amps of power. Approximately 9.5% of the building is dedicated to office space, reflecting its combined corporate headquarters and industrial use.

“The acquisition of 1120 West 130th Street is a strong addition to Diamond Properties’ industrial portfolio,” said Jim Diamond, CEO of Diamond Properties. “The combination of a well- established tenant, strong building specifications and excellent highway access makes this an attractive long-term investment for us.”

The property is located approximately 1.3 miles from Interstate 71 and 0.6 miles from State Route 303, providing convenient access throughout Greater Cleveland and the regional interstate network. Cleveland Hopkins International Airport is approximately 15.7 miles away. The acquisition also expands Diamond Properties’ presence in a tightly supplied industrial market.

I.D. Images has made substantial investments in the facility’s manufacturing infrastructure and technology, reinforcing the importance of the location to its operations. The tenant’s lease also includes two five-year renewal options at fair market value.

CBRE National Partners represented the seller in the transaction.

About Diamond Properties

Diamond Properties is a commercial real estate business located in Mount Kisco, NY that focuses on the acquisition of commercial properties with potential for substantial improvement through hands-on property management, market repositioning, and capital upgrades. Founded 1995, they have acquired 125+ properties, including office, medical, industrial, retail, self- storage, residential, lodging, and land and currently own more than 100 properties with 17 million square feet in 13 states. We continue to pursue a capital improvement and leasing program that, when combined with quality-driven customer service, has enabled us to deliver consistently high tenant satisfaction and lease renewal rates.

For more information, visit www.dpmgt.com.