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Founders Properties Picks Up Eastpoint I & II for $18.5 Million

Piedmont Office Realty Trust Exits Cleveland Market with Sale of Landerhaven Corporate Center Office Bldgs.
By Jeff Bettigole
August 7, 2015 | 6:00 P.M.

Founders Properties, a national developer based in Minnesota, acquired two office buildings within the Landerhaven Corporate Center in Mayfield Heights, OH from Piedmont Office Realty Trust (NYSE: PDM) for $18.5 million, or about $108 per square foot.

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