Ray Merkel Matt Franks  



Ray Merkel   
President and CEO of Ray Merkel First Commercial Realty, Inc. Mr. Merkel has a BS in Business Management and Accounting from the University of Dayton, and a Juris Doctor from the University of Cincinnati College of Law. Mr. Merkel practiced law in Chicago, IL and served as Regional Real Estate Attorney for McDonald’s Corporation for a 14-state area; and also served as Regional Real Estate Manager in Columbus, OH. Mr. Merkel was associated with Manual Mayerson Associates, a major Cincinnati Developer and worked on regional malls, retail, and office projects. Mr. Merkel has represented many national retail, office, industrial, and restaurant clients in site selection, lease negotiation and purchase acquisition. Mr. Merkel is also active in selling and purchasing real estate investment properties. Mr. Merkel is a licensed Real Estate Broker in Kentucky and Ohio.

Matt Franks   
Senior Advisor, Creative Adaptive Reuse Developer
Matt Franks Matt has delivered his clients with extensive knowledge since the beginning of his Real Estate career in 1984 as Executive Director of Properties for Toebben Ltd. His experience has equipped him for every type of real estate transaction. Licensed in both Ohio and Kentucky, Matt continues to show his expertise and skills in the acquisition, disposition, and development of commercial, retail, office, and industrial properties.

Early in his career Matt managed the growth of a retail and office space portfolio from 56,000 sq. ft. to 480,000 sq. ft. whilst maintaining 97% annual lease occupancy. In 2001 he received the CoStar Power Broker award for the largest industrial lease deal in the Tri-State Area after completing a 380,000 sq. ft. lease. In 2013 received the CoStar Retail Power Broker Award for largest volume of retail space in the Cincinnati market.

His skills in Creative Adaptive Reuse Developments are unprecedented such as acquiring the former Johnny’s Toys facility in Latonia for B.J. Novelty then converting to a multi-tenant facility then selling the facility to one of the tenants who has since expanded into approximately 75% of the 100,000 plus square foot facility.

Sale – Corporate Sales
Sale – Industrial
Sale – Office
Sale – Retail
Lease – Industrial
Lease – Office
Lease – Retail


For Sale

For Lease

Newest Listings
Prime industrial development containing three (3) separate buildings with 100 ft. of road frontage o

$20.00 per sq/ft

$16.95 per sq/ft
Prime 3,500 sq. ft. end-cap store in the 26,000 sq. ft. Independence Town Center anchored by ACE H


73 Cavalier Blvd., Suite 325
Florence, KY 41042
Phone: 859-371-9000
Fax: 859-371-6365




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