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From the Publishers oftoledobiz.comAPRIL 2020Vol. 38 · No. 4Crown Lift Trucks constructingnew facility in MaumeeWealthManagementpage 4Ohio localgovernments signOneOhio agreementpage 9VisitTOLEDOBIZ.COMCrown Lift Trucks, a forklift manufacturer headquartered in New Bremen, Ohio,is constructing a new branch facility onNorth Jerome Road in Maumee to replaceits existing facility currently located nearby on Technology Drive. continued on page 8Construction of Crown Lift Trucks’ new facility in MaumeeAmazon selects Toledofor 150,000 sf projectAn example of the infrared sauna atRestore Hyper Wellness CryotherapyToledo Mayor Wade Kapszukiewicz and other officialsat the announcement of Amazon’s project in mid-MarchDevelopment News formerly Business AdvantageP.O. Box 1986Toledo, Ohio 43603TIME SENSITIVE MAILCHANGE SERVICE REQUESTEDfor info onNew building to replaceexisting branch nearbyon Technology DriveCompany to construct delivery station and add120 new jobs on former Southwyck propertyAmazon intends to build and operatea new 150,000 square foot delivery stationwhich will create 10 full-time jobs and 110part-time jobs on the Hawthorne Hills property, formerly known as the Southwyck Shopping Center property, Toledo Mayor WadeKapszukiewicz revealed in mid-March.“This is a huge win for Toledo and for thisarea of our city, which has been clamoringfor years for a much-needed redevelopmenton this site that has sat empty for too long,” continued on page 2Restore to openin PerrysburgRestore Hyper Wellness Cryotherapy, an Austin-based wellnesscompany, is building out and openinga location at Levis Commons in Perrysburg near OrangeTheory Fitness continued on page 10

2 · Development News · April 2020DLOSDLOS4638-4652 Monroe St., ToledoApproximately 1.8 Acres2121 S. Reynolds Rd.Retail/Oĸce Lease3,000 SFFormer Bally’s Fitness Center5424 Airport Hwy., ToledoTurn Key Laboratory631 & 633 S. Reynolds Rd.Commercial Property Sale. Former Rose City Motors.3.1 Acres - 1,700 SF Oĸce4346 Secor Rd.MulƟ-Purpose Oĸce Building17,568 SF Sale2100 W. Alexis, Suite BMedical Oĸce Lease. Can Sub-Divide.3,529 SF AvailableFadi vative solutions at workmillerdiversified.com/realtyAmazon Continued from page 1Mayor Kapszukiewicz said. “This is another step – a huge step – toward the revitalization of this entire area and the Reynolds Roadcorridor. I am very excited to welcome Amazon to our community and thank them forinvesting in Toledo.”Legislation will be presented to ToledoCity Council authorizing the City to enterinto a purchase agreement with Amazon forthe sale and redevelopment of the property.“Our primary goal was to put this property back into productive use in a manner thatstrengthens the surrounding area throughthe creation of new jobs and new capital investment,” Mayor Kapszukiewicz said during a news conference at the HawthorneHills property.According to officials, Hawthorne Hills isone of the largest available pad-ready development sites in Toledo. The KapszukiewiczAdministration proactively worked for twoyears to attract a logistics and distributionuser to the site. In July 2019, Toledo rezonedthe property from Regional Commercial –Sign Overlay (CR-SO) to Limited Industrial(IL) to align the property’s zoning with whatPhoto provided bywww.quotecatalog.comwas being marketed for the site. By proactively rezoning the property, the City savedAmazon up to 120 business days of entitlements process.“This development is exactly what southToledo needs to kick-start the prosperityhere on the site that many of us still know asSouthwyck,” said Toledo City Council president Matt Cherry. “We have welcomed otherbusinesses back to this area, including Rahe& Co. CPAs and APS Medical Billing, whichsaw the great potential of investing in thisFrom the Publishers ofpart of Toledo. Now, it is our great pleasureto welcome Amazon to this site.”The proposed structure of the deal allows the City to recoup the 3.6 million invested into the site since it was purchasedby the City in December 2014. Amazon intends to purchase the entire 58.5 acre site,and the property will be sold to the company for 1. No other incentives are being offered by the City.“The City will implement tax increment financing for the property, which willDEADLINESEditorial:15th prior to publicationPlease send press releases to:editor@toledobiz.com419·865·0972PO Box 1060 · Maumee OH 43537 · www.toledobiz.comcreate a mechanism for us to recoup the entire 3.6 million investment, which includesbonds and holding costs,” Mayor Kapszukiewicz said.In order to protect the City’s investmentin the property, and a strategically important property in south Toledo, Amazon willbe required to execute a conditional buy backoption at closing. The option will allow theCity to buy the property back for 1 in theevent Amazon has not developed the property within four years.“The site’s size, easy access to I-80/90 andI-475, and proximity to customers and an accessible workforce lends itself well to being alogistics operation,” said Brandon Sehlhorst,a commissioner of economic developmentfor the City of Toledo. “There is precedentfor this use in the Reynolds Road corridor,including Estes Trucking located down thestreet from this site, the J.B. Hunt TransportServices operation at the former FedEx facility on Reynolds Road, Williams Distributing in the former Toys-R-Us store acrossthe street from this site, and the UPS majordistribution center on the other side of theOhio Turnpike in Maumee.”“This announcement is another exampleof why Toledo is among the best at job-creation and economic development,” said Mayor Kapszukiewicz.Advertising17th prior to publicationPlease send subscription inquiries to:telexpr@toledobiz.comArticles may be reprinted by obtaining written permission from the publisher.Errors and omissions contained in editorial or advertising material are not the responsibility of the publisher.

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WEALTH MANAGEMENT4 · DEVELOPMENT NEWS · APRIL 2020Leading Financial Advisors is a resourcebeing provided to Toledo Business Journaland Development News readers.We have worked to indentify financialadvisors in our area with the highestlevels of assets under management(AUM*). At this current stage, financialadvisors are included from a geographicalarea with a radius of approximately 35miles around Toledo. We are interested inexpanding this geography with time.Information from public records filings,third party industry sources, and areafinancial advisory firms has been used inthis effort.We are continuing to learn aboutregistered financial advisors that mayqualify for inclusion who have high levelsof assets under management. We seekinformation from area professionals thatwill assist these efforts.* AUM is reached by investment advisoryassets or brokerage assets or both combined,confirmed through individual advisors andfirm representatives.ToledoAreaLeading Financial AdvisorsFinancial Advisory FirmsAlan B. Lancz & Associates, Inc.ToledoCamelot Portfolios, LLCMaumeeCLAToledoThe Ashley GroupMaumee, SanduskyCapital Management Strategies, LLCToledoCreative Financial PartnersPerrysburgAmeriprise Financial Services, Inc.Multiple locationsCetera Advisors, LLCToledoCroak Asset ManagementToledoAmeritas Investment Corp.PerrysburgCharles SchwabPerrysburgCroghan Trust & Investment ServicesFremont, MaumeeBairdMaumeeCitizen Advisory GroupPerrysburgDBR & Co.ToledoBerthel, Fisher & Co. Financial Services, Inc.ToledoCitizens Wealth Management GroupBluffton, Bowling Green, ToledoEdward JonesMultiple OfficesBollin Wealth Management, LLCPerrysburgCitizens SecuritiesToledoEquity Planning GroupToledo

Farmers & Merchants Investment ServicesMultiple OfficesProspera Financial ServicesMaumeeFidelity InvestmentsAnn ArborRaymond James Financial ServicesMultiple OfficesFifth Third Securities, Inc.ToledoRehmann FinancialToledoFirst Federal Bank Wealth ManagementMultiple OfficesRetirement Group, LPLToledoFourth Dimension Financial GroupPerrysburgRetirement Guys Formula, LLCMaumeeGarrison Financial, LLCToledoSavage and Associates, Inc.Toledo, Bowling Green, FindlayGlass City Federal Financial SolutionsMaumee, Toledo, Bowling GreenSkotynsky Financial Group, LLCPerrysburgHantz Financial Services, Inc.MaumeeSkylight Financial GroupToledo, SylvaniaHartmann & AssociatesToledoSeegert & Seegert Financial AdvisorsMonroeHeritage Financial Advisors, LLCWatervilleStanding Firm FinancialBowling GreenHuntington Financial AdvisorsToledo, Perrysburg, RossfordState BankToledo, Defiance, FindlayIndicator Advisory Corp.ToledoSummit Wealth Management Group / UBSSylvaniaInformative Financial ServicesToledoStrategic Investment AdvisorsSylvaniaKersten Wealth Management GroupPerrysburgTDC Investment AdvisoryMaumeeKMG Fiduciary Partners, LLCToledoTouchstone Wealth Partners / UBSSylvaniaLehner Carroll Shope Capital ManagementPerrysburgTransamerica Financial AdvisorsMaumeeMcDonald Partners, LLCToledo, Ann ArborUBS Financial Services, Inc.Sylvania, SanduskyMerrill LynchMultiple OfficesVenture Visionary PartnersToledoMorgan Stanley Wealth ManagementMultiple OfficesTreece Investment Advisory Corp.ToledoMunn Wealth ManagementMaumeeVantage Financial GroupToledoPatton Wealth ManagementMaumeeVoya Financial Advisors, Inc.ToledoPNC Investments, LLCToledoWells Fargo Advisors, LLCMultiple OfficesApril 2020 · Development News · 5You have a world to explore.You have a passion to follow.You have a desire to enjoy all thatlife has to offer. And at Fifth ThirdPrivate Bank, we’re here to helpwrite your story.When you partner with us, we’llprovide you with a dedicated, localadvisor, backed by a team of financialprofessionals and digital solutions.Together, we can achieve even more.Let’s write your story.53.com/privatebankPremier Wealth Management GroupToledoLeading Area Financial Advisors /Certified Financial Planners Paul Abendroth, AIF DBR & Co.Christopher Thomas AnteauBerthel, Fisher & Co. Financial Services, Inc.Sandra M. Adam, CFP , CRPC Merrill LynchJames Michael AubryWells Fargo Advisors, LLCAnthony Thomas AdamshickMerrill LynchNolan BakerRetirement Guys Formula, LLCFifth Third Private Bank is a division of Fifth Third Bank, National Association. Member FDIC.