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Wells Buying Cleveland's Key Center for $312.25 Million

Reconstituted Ownership will Give Wells Control Over 57-Story Office and Hotel Complex
CoStar News
December 15, 2005 | 2:15 P.M.

Richard E. Jacobs Group has found a buyer for its behemoth Key Center project in Cleveland. The 1.36 million-square-foot office building, 403-room Marriott hotel and 982-space parking garage will be sold to affiliates of Wells Real Estate Investment Trust II for $312.25 million.

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  • Properties
News | Wells Buying Cleveland's Key Center for $312.25 Million