✉news BusinessBusiness first seen 7 h ago, last 6 h ago, peak #17
Facianas bet big on Downtown Akron rebound with pair of office high-rises
The Facianas are investing in two downtown Akron office high-rises, a wager that the city centre's recovery will bring demand for office space back to the district. The move stands out in a market where many landlords are retreating from urban office buildings, and it puts the family's outlook against broader doubts about the future of downtown office real estate.
Why now: The family is making a contrarian bet on downtown Akron's revival at a time when office real estate is widely seen as struggling.
Evidence
- Facianas bet big on Downtown Akron rebound with pair of office high-rises · Crain's Cleveland
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