CLEVELAND – August 3, 2015 – Jacobs Real Estate Services (JRES) announced today that it has signed a purchase agreement with Bendix Commercial Vehicle Systems LLC for a nearly 60-acre site on Chester Road in Avon, Ohio.
“We are pleased that Bendix has chosen our site, and we look forward to working with such a first-class organization,” said Jim Eppele, JRES executive vice president. “With its ease of access and variety of retail, hotel and dining options nearby, Avon is well-suited to support Bendix’s present and future needs.”
Bendix is the North American leader in the development and manufacture of leading-edge active safety and braking system technologies for commercial vehicles. The move to Avon will enable Bendix to further expand its business and sustain its ability to develop solutions to meet the needs of the commercial vehicle industry.
“We are pleased to select Avon as the community for our future and excited about this next chapter in our history,” said Joe McAleese, Bendix chairman. “Our new location allows Bendix to continue drawing from the skilled workforce in Northeast Ohio that has contributed so importantly to our success. And the site in Avon will not only allow us to remain in Lorain County, but will accommodate the expanded, updated facility required to maintain – and accelerate – the rapid growth we’ve experienced, particularly over the past dozen years. We remain deeply grateful to Elyria for the support it has shown us over our many decades as a part of the community.”
A groundbreaking date for the new headquarters has not yet been finalized and is contingent upon final approvals from state and local entities. Bendix will continue to operate out of its Elyria headquarters until construction of the new headquarters is complete.
About Jacobs Real Estate Services LLC
Jacobs Real Estate Services provides comprehensive brokerage, leasing and management services for owners of office buildings, specialized-use facilities and mixed-use developments. It is an independent affiliate of The Richard E. Jacobs Group, one of the nation’s premier developers of commercial real estate with more than 50 years of experience. For more information, visit www.jresgroup.com.