LIBERTY - A major portion of the former Delphi World Headquarters on Belmont Avenue has found a new tenant.
On Feb. 1, Girard-based Aim National Lease, a full-service transportation leasing company, leased a 6,000-square-foot portion of the facility from Kutlick Realty LLC.
According to Kutlick, there is still 8,700 square feet of the facility available to be leased.
John Reed, Aim CIO, said the decision to move part of the company's operations into the former Delphi building was born of necessity.
"We're continuing to grow nationally, and the bottom line is that we needed more back office support," Reed said. "As we continue to grow, we needed room for more employees."
Aim's current offices are located at 1500 Trumbull Ave. in Girard, and Reed said that facility will continue to serve as the company headquarters. The new office space rented on Belmont Avenue will serve primarily as administrative offices, housing accounting, IT and permit departments.
Former Delphi building in Cortland purchased
CORTLAND - The former Delphi building at 1000 W. Main St. was purchased for $2.16 million.
According to the Trumbull County Auditor's Office, the sale of the 165,000-square-foot complex on the 33-acre property was closed on Feb. 14 with Maxill Realty Inc.'s winning bid.
The property was purchased from Dennis Sardello and David G. Sardello, who bought it from Delphi in March 2010 for $2.2 million. William Kutlick of Kutlick Realty said there were two other offers on the property. There was no comment on plans for the property.
Reed said that Aim employs more than 900 people nationwide, with roughly 150 employees in the local area.
"It's good to be a local company that's continuing to grow," Reed said. "We're proud to be able to keep our roots in (the Youngstown area)."