By Dana Sanchez
The real estate fund for VC firm Lightship Capital has purchased the Globe Building, a historic Cincinnati landmark, for $1.8M, according to managing partner Brian Brackeen. Brackeen founded facial recognition firm Kairos. Brian Brackeen photo: Anita Sanikop/Moguldom
Brian Brackeen, a managing partner at Lightship Capital, announced today that the VC firm’s real estate fund has purchased the Globe Building, a historic landmark in Cincinnati, Ohio, for $1.8 million.
Lightship plans to use the Globe Building as its offices, lease out space for co-working and use the building for pitch and community meetings.
“It’s a big deal for us, our investors, and the community,” Brackeen said in a Twitter announcement.
Located across from historic Cincinnati’s Findlay Market at 1801-1805 Elm Street, the Globe Building and its clocktower are major landmarks in the neighborhood.
The Globe Building dates back as early as 1895, according to the Hamilton County Auditor, historical consultant Digging Cincinnati reported. For much of its history, the building was a furniture manufacturer’s store.
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