Stonemont Financial Group secures full-building lease at Westfield Commerce Park

Stonemont Financial Group, an Atlanta-based private real estate investment firm specializing in industrial development, acquisitions and net lease investments, has announced that Westfield Commerce Park in Westfield Township, Ohio, is now 100% leased following a full-building lease with B’laster Holdings. This deal marks one of the largest industrial leases recorded in Cleveland in Q3 2025.

B’laster Holdings, a leading specialty chemical manufacturer headquartered in Valley View, Ohio, has extended its lease to occupy the entire 450,112-square-foot speculative facility. Westfield Commerce Park is strategically located 43 miles south of Cleveland at the intersection of I-71 and I-76, featuring 36’ clear heights, cross-dock configuration, 500 car parking spaces and 130 trailer stalls. After breaking ground in late 2022, the development wrapped construction in June 2023.

“We are proud to celebrate this significant milestone at Westfield Commerce Park, marking one of the largest leases signed in the Cleveland market this year,” said Neal Moskowitz, senior vice president and principal at Stonemont. “This deal underscores our strategy of developing well-located facilities with flexible leasing options to accommodate a range of user types. Our goal has always been to deliver future-ready facilities that support tenants’ growth, and we are excited to see B’laster continue to invest in the Northeast Ohio region.”

Stonemont served as the developer and owner of the project, with Pinnacle Bank & PCCP acting as debt and capital partners. The JLL team of Joe Messina and David Stecker oversaw leasing for Westfield Commerce Park and represented Stonemont in the transaction.

Stonemont has invested heavily in Ohio over the past few years, developing more than 3.5 million square feet of industrial space across the state. Notable projects include Castings Commerce Park, a three building, 862,000-square-foot industrial park in downtown Columbus; West Jeff One, a one-million-square-foot distribution center in West Jefferson outside of Columbus; and Turnpike Commerce Center, a one-million-square-foot industrial facility in Shalersville near Cleveland.