200 Public Square in Downtown Cleveland is currently 87% occupied. 200 Public Square in Downtown Cleveland is currently 87% occupied.

CLEVELAND—After 13 years of ownership, affiliates of Harbor Group International have sold its nearly 1.3-million-square-foot 200 Public Square office tower here.

The Norfolk-VA-based firm acquired the property in 2005 for $141.25 million. The company in a press announcement of the transaction did not divulge financial terms or the buyer of the 1,273,518-square-foot downtown office property. Crain’s Cleveland Business reported the sale price was $187 million and the new ownership as a joint venture that includes DRA Advisors and Cleveland real estate developer and owner Scott Wolstein.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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