Akron, OH — June 20, 2025 — SVN Summit Commercial Real Estate Advisors is proud to announce the successful sale of 1422 Mogadore Road in Kent, Ohio, for over $1 million, closed on the last day of May 2025. The transaction, led by Senior Advisor Aaron Davis, included a thoughtfully structured leaseback through July 31st to allow the seller time to transition and wind down operations ahead of retirement.
SVN Summit represented the seller, ensuring a seamless and dignified exit from his long-standing business. By tailoring the transaction to meet both his financial and personal goals, the firm provided full advisory support throughout the process — from valuation and marketing to negotiations and post-closing planning.
“This deal wasn’t just about closing a sale — it was about helping a business owner close a meaningful chapter of his life on his terms,” said Aaron Davis. “The leaseback gave our client the time and flexibility he needed, while the buyer acquired a prime asset ready for their next phase of growth.”
The buyer, 360 Holdings Co., will relocate its operations to the property, ensuring continued commercial use and economic contribution to the Kent community.
This transaction underscores SVN Summit’s commitment to client-first advisory, creative deal structuring, and delivering high-impact results rooted in both market knowledge and genuine partnership.
About SVN Summit Commercial Real Estate Advisors
SVN Summit is a full-service commercial real estate firm based in Ohio, offering strategic guidance in investment sales, leasing, and asset advisory. Backed by a national platform and driven by local expertise, SVN Summit delivers exceptional outcomes through integrity, innovation, and a client-centric approach. For more information visit www.SVNSummitCommercial.com or contact us at SVNSummitCommercial@svn.com.