K&D Group buys historic Rockefeller Building for $5M ($16psf) with plans for 275-unit residential conversion and parking garage

4/29/2026

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Cleveland Business Journal

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• Subcategory: MF: Market Rate, Office: CBD, Specialty

• Tag: Adaptive Reuse | Conversion | Redevelopment

• Additional Filters-Subcategory: MF: Highrise, Office: Highrise, Specialty: Parking Spaces-Garage

• Additional Filters-Tags: Conversion: Office-to-Residential, Historic, Sale: Investment, Sale: Single Property

• Company: K&D Real Estate Services, BridgeInvest

Highlights
K&D Group acquired the historic Rockefeller Building in downtown Cleveland for $5 million.
The developer plans to build approximately 275 apartments and a 500-space parking garage.
A $7.4 million Ohio brownfield remediation grant will fund asbestos abatement and environmental cleanup.

K&D Real Estate Services

James Consolo | Principal

[email protected]

216-658-8394