A former Boston-area chief executive bought the 130 W. Second St. building in downtown Dayton and plans to renovate the building, real estate firm CBRE said.
Brian Lash, former CEO and chairman of Target Logistics Management, LLC, has been identified as the buyer.
“Lash plans to add a number of amenities to attract and retain tenants in the 336,000-square-foot, 23-story building,” CBRE said in an announcement. “A renovation of both the interior and exterior will begin soon to bring Dayton’s fourth largest building to the standard originally envisioned when it was first built.”
The company intends to add a fitness center, co-working-style spaces, a banquet hall and additional meeting room space, the firm also said.
CBRE said it facilitated the sale of the 130 Building. Matt Arnovitz, senior associate of CBRE, represented the seller, Titan Capital Investment Fund, working with Jim Vondran and Keith Yearout of Newmark Grubb Night & Frank.
CBRE will continue management and leasing at the address.
Lash was CEO of Target Logistics Management when Algeco Scotsman said it agreed to buy the Boston provider of remote workforce housing for the oil and gas industry in 2013, media reports at the time said.
In the next year, Target Logistics Management said that Lash would no longer serve as CEO, but would continue in a non-executive capacity as chairman of Target Logistics.
Target Logistics was named by Inc. magazine in 2012 and 2013 as one of “America’s Fastest Growing Private Companies.”
Acadia, the Table 33 restaurant, IT firm DataYard and County Corp. are some of the building’s most notable tenants.
Acadia moved to the building last year from Kettering. The company moved to 4,800-square-feet of offices in that building.
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