Pappas Realty Co... "Commercial Real Estate...Exclusively" in Northeast Ohio since 1957

Thursday, February 21, 2008

CSU, Silver Line woo another buyer

By STAN BULLARD4:30 am, February 18, 2008

Joseph Shafran, president of Paran Management Co., heads an investor group that paid $3.6 million for the 97-suite University Commons Apartments, 1900 E. 30th St. in Cleveland.

April Beates, Paran marketing director, said the realty company was attracted by the building’s proximity to Cleveland State University and the Greater Cleveland Regional Transit Authority’s new hybrid-bus Silver Line on Euclid Avenue.

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