Smythe Property Advisors' President/CEO, Christopher E. Smythe, has been active in the commercial real estate business since 1984. He has considerable experience in real estate investment, asset management, investment brokerage, syndication, and development finance. Prior to forming Smythe Property Advisors, Mr. Smythe had worked with the Wells Fargo Realty Advisors in Chicago, Cragin Lang, Inc, (now Newmark Knight Frank) in Cleveland, and was a partner with the Chartwell Group, LLC (now Hanna Commercial) in Cleveland.
Smythe Property Advisors, LLC has 20 employees and currently provides brokerage, investment and property management services.
Brokerage and Consulting Experience
Receivership Sale of 26 property office, retail, multifamily single family portfolio for Schneider Management Company $22,000,000.
Receivership Sale of 100,000 S.F. Office Building Cleveland Ohio.
Sale of 95,000 SF 1220 Huron Office Bldg Cleveland, Ohio $6,500,000.
Sale of 50,000 SF Office Building Cleveland, Ohio $2,000,000
Sale of Alhambra and Mannering Apartments Cleveland, Ohio.
Sale of Paramount Assisted Living Facility Maple Heights, Ohio.
Sale of Medical Office Bldg Shaker Heights, Ohio $2,200,000.
Tenant Rep Search and Lease of 25,000 SF Industrial Cleveland, Ohio
Tenant Rep Search and Lease of 40,000 SF Warehouse Solon, Ohio
Valuation and disposition consulting assignment of major office, industrial, land portfolio valued at $175,000,000.
Current Marketing of $22,000,000 land development portfolio.
Lease of 20,000 SF Office Space Streetsboro, Ohio
Marketing of 60,000 Loft Building Conversion Cleveland, Ohio
Financial Analysis/Mortgage Brokerage of $8,000,000 Sale Leaseback for plastics concern Chagrin Falls, Ohio.
Investment Feasibility Study 71 unit single family development, Cleveland Heights, Ohio
Marketing of $18,500,000 four building sale lease-back portfolio.
Valuation of Partnership interests 122,000 SF Rockside Office Bldg.
Tenant Rep search and lease of 80,000 SF industrial space for plastics recycling operation.
Receivership sale of 84 Unit apartment complex in Orrville, Ohio.
Receivership sale of 16 Unit apartment complex at Shaker Square, Cleveland, Ohio.
3101 Euclid. Named Receiver for 100,000 SF office building downtown Cleveland on behalf of ING Investment Advisors. Successful management and sale of asset.
Joanne Schneider Portfolio engaged by Receiver to take over management and sale of a 26 proprerty office, retail, multifamily and single family portfolio in Northeast Ohio. Sucessul liquidation of $22MM portfolio.
King James Portfolio. Named Receiver for King James Point 6 and KJG Landerbrook two 95,000 SF suburban Cleveland office properties on behalf of AIG investments. Receivership settled out of court.
French Village Apartment Court appointed receiver for Charter One Bank. Management and leasing of 84 unit apartment complex in Orrville, Ohio. Property successfully sold.
Ownership and Management Experience
Mr. Smythe serves as general partner or managing member of the following real estate investments with a collective asset value in excess of $94,000,000:
Managing Member of West 25th Street Lofts, LLC a 164,000 SF 83 unit historic apartment renovation in Ohio City, Cleveland Ohio
Member of Chelsea Investment Partners which owns a 26 unit apartment building in Tremont Cleveland Ohio. Also developed an adjacent 7 unit townhome complex for rent.
General Partner in Overlook Court L.P., which owns a 45,000 S.F. leased office/retail complex in Warrensville Hts., Ohio.
General Partner in Parkway Point Partners, L.P., which developed and sold a 40,000 SF office/ warehouse building in Solon, Ohio.
General Partner in Overlook Court II L.P. which developed and sold three single-story office buildings comprising 115,000 S.F. Located in Warrensville Heights, Ohio.
General Partner of Tinkers Creek Industrial Partners L.P. which developed and sold a 95,000 S.F., office/warehouse joint venture with tenant in Streetsboro, Ohio.
Managing Member of River Rock Holdings, LLC, which owns a three building complex comprising 91,500 S.F. of renovated office/warehouse in Valley View, Ohio.
General Partner of Custom Associates LP that owns a 364,000 S.F. industrial warehouse facility in Aurora, Ohio.
Managing Member of Pagoda Partners, LLC which owns a 235,000 S.F. distribution warehouse leased in joint venture with Arhaus in Walton Hills, Ohio.
Managing Member of Steels Corners Crossing , LLC which owns a 125,400 S.F. industrial facility in Stow Ohio. Sale leaseback with JV partner Falls Filtration Technologies, Inc.
General Partner of KMS L.P. which owns a 239 unit apartment complex in Canton Ohio.
General Partner of Cambridge L.P. which owns an 85 unit apartment complex in Elyria, Ohio.
General Partner of Cedar-Galion L.P. which owns a 98 unit apartment complex in Galion, Ohio.
These corporations serve as the primary real estate investment vehicles for Mr. Smythe and over 85 investor partners. Currently Smythe Property Advisors provides property and asset management services to all the above properties. They also manage selective non-owned assets as a third-party property manager.
20820 Chagrin Corporate Center, LLC
Baker and Company
Brighton Hotel Corp
Canyon Properties, LLC
Charter One Bank
GMH Capital Partners (GE Capital)
Hausser and Taylor
ING Investment Management
K.P. McNamara Co.
Millennia Housing Management
Nassimi Realty Corp
Receiver Schneider Management Company
Richard Bowen and Associates
River Rock Holdings, LCC
Tinkers Creek Industrial Partners
Wald and Fisher
Waverly Glen Company
Windrush Properties-Art Merriman
William Steck and Associates