Reichle Klein Group Completes Sale of Iconic One SeaGate
CONTACT:
Joe Mehling – Director of Marketing
419.794.1137
jmehling@rkgcommercial.com
RKG Represents Both Buyer and Seller in Sale of Landmark Downtown Toledo Office Tower
TOLEDO, OHIO — Reichle Klein Group (RKG) is pleased to announce the sale of One SeaGate, the 653,421-square-foot Class A office tower that has been a defining part of Toledo’s iconic skyline for more than four decades.
RKG represented both sides of the transaction, with Ryan Miller, Senior Vice President, representing the buyer, and Harlan Reichle, CCIM, SIOR, President & CEO, and Chad Ulmer, Sales Associate, representing the seller.
The transaction is particularly notable for Reichle Klein Group as it marks the second time RKG has sold One SeaGate.
“One SeaGate is more than an office building — it is an iconic part of Toledo’s skyline and an important piece of our downtown,” said Harlan Reichle, President & CEO of Reichle Klein Group. “It is an honor to have the opportunity to sell a building of this significance for the second time.”
Located along the Maumee River in the heart of downtown Toledo, One SeaGate has long been one of the city’s most recognizable commercial properties. The 32-story tower has played a prominent role in Toledo’s business community since its completion in the early 1980s and remains a cornerstone of the downtown skyline.
“Transactions of this scale and complexity require deep market knowledge, strong relationships and an experienced team,” Reichle said. “Our firm is uniquely qualified to handle an office building sale of this stature, and we are proud to have represented both the buyer and seller in this transaction.”
The sale represents another significant transaction for Toledo’s CBD office submarket. At more than 650,000 square feet, One SeaGate represents a substantial portion of downtown Toledo’s office inventory along Summit Street, along with 300 Madison and Summit Center.
All media inquiries regarding sale should be directed to Joe Mehling at jmehling@rkgcommercial.com.
About One SeaGate
One SeaGate is a 653,421-square-foot Class A office tower located at One SeaGate in downtown Toledo, Ohio. Overlooking the Maumee River, the landmark property is a cornerstone of Toledo’s skyline and offers sweeping views of downtown, the river, the Veterans’ Glass City Skyway and Lake Erie. Completed in the early 1980s, One SeaGate has served as the home of major regional and national organizations and remains one of Northwest Ohio’s most recognizable commercial properties.
About Reichle Klein Group
Reichle Klein Group is a full-service commercial real estate firm providing brokerage, property management and investment advisory services throughout Northwest Ohio and Southeast Michigan. Founded in 1994 and headquartered in downtown Toledo at One SeaGate, RKG combines decades of market knowledge, relationships and transaction experience to help clients buy, sell, lease and manage commercial real estate.
Commercial Property Brokers, Managers & Investment Advisors
One SeaGate, 26th Floor
Toledo, Ohio 43604
419.861.1100
rkgcommercial.com