Northmarq is pleased to offer for sale to qualified investors the opportunity to purchase a fee simple interest in the NSL Analytical
Services Research & Development Laboratory Portfolio in Warrensville Heights, OH, a Cleveland Suburb.
The Cranwood location is a 30,877 SF mission-critical testing laboratory leased to NSL Analytical
Services on a newly executed 10-year lease extending through November 30, 2033, with 3.5% annual
rental increases (see lease abstract for details). NSL has operated at this location for over 40 years, and the
property has been adapted to a chemical laboratory and heavily renovated to the tenant’s specific use.
The Renaissance location is an 11,800 SF research and development laboratory that is subleased
to Centerline Biomedical, a leading company in the field of medical imaging technology. Founded in
2014, Centerline Biomedical specializes in innovative vascular navigation and visualization systems that
enhance precision and safety in endovascular procedures.