Christopher S. Semarjian is the Owner of Industrial Commercial Properties LLC (ICP), headquartered in Cleveland, Ohio. ICP is well known for providing industry-leading commercial and industrial real estate solutions to its corporate users. Responsible for the operations of over 42 million square feet of property throughout the Midwest, and serving 300 tenants in over 150+ properties, ICP continues to earn the reputation as one of the best in the region. Mr. Semarjian’s focus is to provide innovative solutions that are custom designed to meet the needs of each tenant’s operations. He strives to build long-term relationships with his tenants, local communities and public officials.
Mr. Semarjian is a principal on many current development projects. Some examples that involve conversions of large dormant facilities into multi-tenant industrial campuses include General Motors former 3.9 million square foot complex in Moraine, Ohio and another 1.7 million square foot, GM facility in Pontiac, Michigan. In Northeast Ohio, the 1.4 million square foot complex in Brooklyn, Ohio, previously home to American Greetings headquarters, is being revitalized and re-tenanted with seven new leases and by 2020 over 2,000 workers will be employed on that campus. Mr. Semarjian also took the lead in the adaptive reuse of the vacant Randall Park Mall location in North Randall, Ohio. When opened in 1976, it was touted as the largest mall in America but was shuttered in 2009. After acquiring the property in 2014, ICP began clearing the site for new development, and it now houses a new 900,0000-square-foot, $177 million, Amazon fulfillment center, which has created more than 2,500 new jobs for the area. He is a partner in the redevelopment of the Goodyear Tire World Headquarters and Lockheed Martin Campus, both based in Akron, Ohio. He has also converted the former Ford Motor Company’s Assembly Plant in Lorain, Ohio into a multi-tenant industrial complex.
Mr. Semarjian began his real estate career in 1987 as an industrial real estate broker with Cragin, Lang, Free, and Smythe, Inc. later moving to Grubb & Ellis. He started acquiring properties in 1996 and over the last 25 years has become one of the leading Midwest real estate developers and property owners. Mr. Semarjian was selected as an “Influencer in Industrial” by Real Estate Forum Magazine in 2018 and was recently inducted into the Midwest Real Estate News “Hall of Fame.”
Mr. Semarjian is proud to call Cleveland home and enjoys spending time with his wife and three children.