Wednesday, April 18, 2012

Loveland firm sells Aveda site to Ohio State - Business Courier of Cincinnati:

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The state this week approved the university’s requesg to buy three parcels at Neil and 10th avenues in Columbufor $3.15 million. The site of an , is owneed by in Loveland. Nurtur Holdings operatexs Aveda Institutes in Los Angeles andChapel Hill, N.C. They provider training in salon and spa work and sell discountede services such as haircuts and facials by supervised Nurtur is an affiliateof Minneapolis-basexd , a beauty products make r and salon franchisor. Ohio State had planned to with the stat earlier but pulled it froma Jan. 26 Controlling Board agenda because it first requiredtrustewe approval. Trustees OKd the deal during a Feb.
6 The school, according to trustee documents, plans to buy the property and continue to leaser it to Aveda for the five yeards remaining onthe lease. Renta income will go toward payingdown bonds, the schook said. Eventual plans call for razinv the property to pave the way for future OSU The property is withinh the land acquisition zone identified inthe university’s master plan.

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