NAI Harmon Announces Significant Closing Positively Impacting the Residents of Toledo


Official Press Release
For Immediate Release

NAI Harmon Announces Significant Closing Positively Impacting the Residents of Toledo

Toledo, Ohio – 5/10/2023 – NAI Harmon Group’s Joshua Payzant, Director of Business Development, and Stephanie Kuhlman, Vice President of Real Estate and Development, announced a major real estate transaction on Friday, April 29th. The team brought the City of Toledo to a client, closing a $3.78 million transaction on a 135-acre parcel in Oregon, Ohio. The site will be the future home of the City of Toledo Water Back-up Reservoir.

Josh Payzant stated, “This was a big win for the city of Toledo and its surrounding residents. While the reservoir will not be built for another five years or more, this is a great acquisition for the City of Toledo. The City is also allowing my client to continue to farm the ground until they begin construction. This is a win-win situation for all.”

“The alternate water source is a critical project for our region that will create redundancy in our water system,” stated Mayor Wade Kapszukiewicz. “The Harmon Group is a leader in moving our community forward, and so it comes as no surprise that they were willing to step up and facilitate the transfer of the property for this crucial project.”

NAI Harmon Group – Media Contact:

Emily Wagy
Director of Communications
NAI Harmon Group
(419) 960-4410 ext 318

About NAI Harmon Group
As the leading independent commercial real estate brokerage and property management firm in Northwest Ohio, NAI Harmon Group offers real estate marketing, warehousing and logistics, construction, property management, and much more. Currently, NAI Harmon Group manages a diverse portfolio of commercial property and is closing in on a half billion dollars invested nationally in Commercial Development, with a portfolio of over 15,000,000 SF in 18 States. The NAI Harmon Group is proud to have participated in some of the largest transactions in Northwest Ohio. For more information visit

About NAI Global
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout North America, Latin America, Europe, Africa, and the Asia Pacific, with over 7,000 local market professionals.