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Washington Twp. office building sells for nearly $1M

Published: Thursday, June 14, 2018 @ 8:50 AM

Richard Hearn, former chief executive of Washington Twp. IT firm Crown Partners. File
Richard Hearn, former chief executive of Washington Twp. IT firm Crown Partners. File

A Washington Twp. office building that once was headquarters to a local e-commerce company has sold nearly $1 million, records show.

Crown Ventures LLC sold the office building and nearly an acre of land at 7725 Paragon Road to Dancin Properties LLC for $950,000, according to Montgomery County property records. The sale was recorded Tuesday.

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A DanCin Properties LLC was registered with the Ohio Secretary of State’s office last year on behalf of David A. Neuhardt, who is listed as the company’s incorporator. A message seeking comment was left with Neuhardt.

The building was built in 1994 and offers 15,000 square feet.

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In 2012, information technology and e-commerce firm Crown Partners applied for $50,000 in Montgomery County development funds for a demolition, restructure and remodel of the building at 7725 Paragon. Thirty-three new jobs were to be added for a total of 40 local employees, the county said at the time.

Two years later, a French company bought Crown Partners, aligning it with a company called Razorfish. Today, Sapient Razorfish has offices at The Greene in Beavercreek.

Richard Hearn, the founder and former CEO of Crown, today works for IBM.

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