Building in Ashland’s Northlake Business Park sells for $9.1M

The 88,003-square-foot building is occupied by Creative Office Environments.

Published February 25, 2020 by Sydney Lake

The Creative Office Environments building in Ashland has sold for $9.1 million to New York City-based One Liberty Properties Inc., Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Tuesday.

The 88,003-square-foot property is located at 11798 N. Lakeridge Parkway in Ashland and is the headquarters for workplace interiors and technology provider Creative Office Environments. The property is located approximately one mile from Interstate 95 in the Northlake Business Park.

CDH Properties LLC previously owned the Class A industrial property, which is located in the same business park with tenants including Amazon.com Inc., Pitney Bowes and Owens & Minor Inc. Creative Office Environments was the only tenant in the building sold at the time of the sale and will remain as the only tenant in the building.

The sale was completed by Cushman & Wakefield | Thalhimer Senior Vice President Eric Robinson.