Gideon Gratsiani and CRE PRO acquired the Wright Executive Center in Fairborn, OH
Gideon Gratsiani and CRE PRO acquired the Wright Executive Center in Fairborn, OH in February 2018. The property is an approximately 60,000 square foot Class A office building, located across from Wright State University. It was acquired by Gideon Gratsiani after being foreclosed on by US Bank. CRE PRO stabilized the building, which had fallen into mismanagement as a result of the previous owner’s foreclosure. The center was resold a few months later for $8,200,000.
CRE PRO and Gideon Gratsiani are professionals and experts at foreclosure acquisitions, as well as residential and commercial real estate. Gideon Gratsiani has decades of experience in commercial property foreclosures such as Office, Retail, Multi-Family, Industrial, and Hotels from owners with financial distress.
The acquisition was covered locally by the Dayton Daily News.