The company took space in the building, at 2135 Dana Ave. hereat the park, which is just off of Interstate 71. There's anothertenant in the building, Hyde Park Medical Associates, which is onthe second floor of the four-story facility. The developer is intalks with other tenants now to just about fill the building."We've signed a letter of intent for another 25,000 sf user, andhave four pending RFP's out there," says Dan Neyer, president ofthe self-named firm.

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His firm brokeground in November 2006 on the park, and had planned to onlyhave three buildings with up to 460,000 sf. However, another tenantapproached the firm for some space. The American Red Cross hassigned a lease to take an entire 50,000-sf office building, whichNeyer will start work on next. "We had purchased an additional landparcel, and it just worked out well once we added the Red Cross,"Neyer says. The lease rates will range from $16.50 to $17.50, net,he says.

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Neyer tells GlobeSt.com that he's working with a couple users totake a large chunk of a 171,000-sf office building, but thatconstruction won't start until the site is at least 50% committed.The other planned building is a 10-story, 234,000-sf tower, as wellas an underground parking structure and an out-lot building forretail or a restaurant.

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The properties will stand out in the market, he says, becausehis company has a commitment to achieving at least the basic LEEDcertification on the facilities. The 69,000-sf office is on trackto be LEED Silver certified in about six months, he says, and thecompany is looking to get its particular offices in the buildingcertified as LEED gold. "We're fortunate in that we have the onlyproduct of this type in the market, everyone wants a LEED buildingtoday, especially considering the lower utility costs when oilprices are going up." The park properties will feature green roofs,high-efficiency windows and non-volatile building materials, amongother green aspects.

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He says the overall Cincinnati market is generally soft, atabout 13% vacancy in the Downtown. Keystone is in the MidtownCorridor, Neyer says, which is the most active. "It hasn't beengreat, but there's not been many new products in the CBD for a fewyears. Our development will have LEED, free parking and access tothe interstate, so we can offer some advantages," he says.

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