Newsletter Desktop Newsletter Mobile

Rockwell Automation has a new landlord for its Architecture and Software operating segment. Dallas-based Mohr Capital closed a deal to purchase the 460,000-square-foot office building located on 36 acres in Mayfield Heights. It serves as the second largest employment center for Rockwell Automation with close to 2,000 employees involved in the segment. Mohr Capital acquired the property for $52 million. “We continue to focus our efforts on acquiring high-quality assets with high-quality credit tenants nationwide and this transaction fits that criteria perfectly,” Mohr Capital Director of Acquisitions Rodrigo Godoi said in a statement.