JLL assists Stopol Equipment Sales in portfolio consolidation for new build-to-suit headquarters

CLEVELAND, Sept. 15, 2020 – Cleveland’s JLL team assisted Stopol Equipment Sales in the disposition of its Brunswick and Strongsville locations for a custom-built headquarters on a 19-acre plot in Valley City. Construction on the 25,000-square-foot facility broke ground in late August and is expected to reach completion by spring 2021. JLL Executive Vice President Donald Bain led the transaction.

This development is part of an overall expansion strategy for the plastic processing equipment reseller. Stopol Equipment Sales Owner, John Muzyczka, explains that recent growth has positioned the company to consolidate its older locations into one unified and modern building in nearby Valley City.

“We’ve experienced significant growth over the past several years and it’s become apparent that we need our own joined space,” said Muzyczka. “Ultimately, we decided to partner with JLL because of the team’s comprehensive market knowledge and experience with strategic site selection, development and execution.”

The new headquarters will consist of ample production and office space. It will feature an 80-ton overhead crane, reinforced concrete to support the weight of the machinery, a paint booth, custom wash bay and ample power for any production requirement. Janotta & Herner has been contracted to design and build the facility.

The decision to build in Valley City will benefit both the current employees and Stopol’s customers.

“When it came time to evaluate the relocation strategy, Valley City stood out as the best fit for employees and clients. With its convenient location to Stopol’s existing facilities, there will be no major changes to current commute times,” said Bain. “That, combined with Valley City’s compelling tax incentives, made the site selection an easy process. We’re looking forward to seeing this project come to fruition for the Stopol team.”

For more information, visit www.us.jll.com/cleveland/.