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Broad and High Buildings Change Hands

Brent Warren Brent Warren Broad and High Buildings Change HandsIncluded in the purchase is the four-story building on the corner and six commercial condos in the 8 on the Square building. Photo courtesy of Michael Tomko.
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A prominent cluster of buildings at the center of Downtown has changed hands. The Tomko Company, the developer behind the Hayden renovation project at 16-20 E. Broad St., recently purchased six commercial condos in the building next door and the four-story office and retail building at 10 N. High St.

Also included in the deal is the building that holds the Ringside Cafe, as well as a 46-space underground parking garage that is accessed from North Pearl Street.

“We intend to keep all the existing tenants in place and work with them to improve the property’s appearance, including outdoor spaces and overall street presence,” said Michael Tomko, who added that bringing the buildings under the same ownership as the Hayden would result in some “nice synergies” in terms of shared amenities and access.

The buildings were purchased from Casto, the local development firm that built 10 N. High St. in 2007.

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