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Thomas Gnau

Thomas Gnau is a business reporter for the Dayton Daily News and covers top companies, development, job creation, and commercial real estate. He grew up a U.S. Navy dependent, lived in two countries and five states before his 16th birthday. He graduated from Chaminade-Julienne High School and Wright State University. A Kettering resident, he is married to a Mad River Local Schools teacher; he and his wife have two daughters. Gnau started working at the student newspaper at Wright State where his interest in journalism grew and led him to where he is today.

Latest from Thomas Gnau

Moraine pet clinic property sold for $5M
 The property of the Med Vet veterinary health center in Moraine was recently sold for nearly $5.1 million, local property records show. Broadstone MV Portfolio LLC bought the MedVet property — the clinic building and nearly 2 acres of property — at 2714 West Springboro Pike from MVA Real Estate Group Ltd for $5,094,557, according...

Posted: 8 hours ago

The property of the Med Vet veterinary health center in Moraine was recently sold for nearly $5.1 million, local property records show. Broadstone MV Portfolio LLC bought the MedVet property — the clinic building and nearly 2 acres of property — at 2714 West Springboro Pike from MVA Real Estate Group Ltd for $5,094,557, according...
West Chester restaurant property sells for $2.55M
 A West Chester Twp. restaurant property has sold for more than $2.5 million, a real estate investment firm said. Texas Roadhouse, at 7309 Kingsgate Way, sold for nearly $2.55 million in an all-cash transaction, according to Marcus & Millichap, a California-based real estate investment services firm. The restaurant is a 7,163-square foot net-leased...

Posted: a minute ago

A West Chester Twp. restaurant property has sold for more than $2.5 million, a real estate investment firm said. Texas Roadhouse, at 7309 Kingsgate Way, sold for nearly $2.55 million in an all-cash transaction, according to Marcus & Millichap, a California-based real estate investment services firm. The restaurant is a 7,163-square foot net-leased...
PUCO: Part of natural gas bills will fall slightly
 A component of Vectren natural gas bills will fall slightly after the Public Utilities Commission of Ohio (PUCO) accepted the results of Vectren Energy Delivery of Ohio’s auction for default natural gas service. The auction secured natural gas supply for Vectren’s customers from April 1, 2018 to March 31, 2019, setting a retail...

Posted: 12 hours ago

A component of Vectren natural gas bills will fall slightly after the Public Utilities Commission of Ohio (PUCO) accepted the results of Vectren Energy Delivery of Ohio’s auction for default natural gas service. The auction secured natural gas supply for Vectren’s customers from April 1, 2018 to March 31, 2019, setting a retail...
DHL jobs to be cut, but workers could land with new employer
 Freight giant DHL will permanently lay off 229 workers in Lima by March 12, the company has told Ohio government. The layoffs will happen at the company’s 635 N. Cool Road location in Allen County, the company said in a WARN (Worker Adjustment and Retraining Notification) notice to the Ohio Department of Job and Family Services. But...

Posted: 14 hours ago

Freight giant DHL will permanently lay off 229 workers in Lima by March 12, the company has told Ohio government. The layoffs will happen at the company’s 635 N. Cool Road location in Allen County, the company said in a WARN (Worker Adjustment and Retraining Notification) notice to the Ohio Department of Job and Family Services. But...
Downtown Dayton’s third tallest tower sells for $12.5 million
 The Fifth Third Center has sold in downtown Dayton for $12.5 million, new Montgomery County property records show. One South Main Street Holdings LLC bought the building for that amount from Ducru Spe LLC, along with associated parcels, records show. The sale was recorded Tuesday. RELATED: VR leader Marxent expands Kettering location...

Posted: a day ago

The Fifth Third Center has sold in downtown Dayton for $12.5 million, new Montgomery County property records show. One South Main Street Holdings LLC bought the building for that amount from Ducru Spe LLC, along with associated parcels, records show. The sale was recorded Tuesday. RELATED: VR leader Marxent expands Kettering location...
VR leader Marxent expands Kettering location
 Marxent, a leader in virtual reality (VR) and augmented reality (AR) technologies and capabilities, is expanding its Kettering offices by nearly 5,000 square feet. Marxent Labs LLC struck a lease agreement in the fourth quarter of 2017 to expand its offices at 3100 Research Blvd. by 4,947 square feet, according to a recent Dayton market real...

Posted: a day ago

Marxent, a leader in virtual reality (VR) and augmented reality (AR) technologies and capabilities, is expanding its Kettering offices by nearly 5,000 square feet. Marxent Labs LLC struck a lease agreement in the fourth quarter of 2017 to expand its offices at 3100 Research Blvd. by 4,947 square feet, according to a recent Dayton market real...
Foundation announces $26.4M in grants in past six months
 In the past six months, Dayton Foundation fund holders awarded 10,515 grants totaling $26.4 million to not-for-profit organizations locally and beyond. That’s a seven percent increase compared to the same period last year, the foundation said in an announcement Tuesday. Grant awards amounting to $398,250 were made in the areas of arts...

Posted: a day ago

In the past six months, Dayton Foundation fund holders awarded 10,515 grants totaling $26.4 million to not-for-profit organizations locally and beyond. That’s a seven percent increase compared to the same period last year, the foundation said in an announcement Tuesday. Grant awards amounting to $398,250 were made in the areas of arts...
Middletown manufacturer buys Springboro site for $3.675M
 The owner of a Middletown manufacturer has bought the former Springboro distribution center of MCM Electronics for nearly $3.7 million. Mark Booker, owner of Advanced Design Solutions at 1701 Reinartz Blvd., said he could use the newly acquired building at 405 S. Pioneer Blvd. to expand his Middletown business or as an investment property...

Posted: a day ago

The owner of a Middletown manufacturer has bought the former Springboro distribution center of MCM Electronics for nearly $3.7 million. Mark Booker, owner of Advanced Design Solutions at 1701 Reinartz Blvd., said he could use the newly acquired building at 405 S. Pioneer Blvd. to expand his Middletown business or as an investment property...
Michigan company acquires Butler County manufacturer
 A Michigan auto supplier has acquired Trenton’s Magnode. Shape Corp. said it has reached terms to buy the Butler County aluminum extruder, Magnode. Those terms were not identified in an announcement. “The deal comes after a successful business relationship between that two companies that included collaboration on engineering projects...

Posted: a day ago

A Michigan auto supplier has acquired Trenton’s Magnode. Shape Corp. said it has reached terms to buy the Butler County aluminum extruder, Magnode. Those terms were not identified in an announcement. “The deal comes after a successful business relationship between that two companies that included collaboration on engineering projects...
Cold start to winter pushes local natural gas bills higher
 The sustained cold is doing more than making us uncomfortable. It’s making energy more expensive. Natural gas provider Vectren is warning that bitter cold is leading to higher gas use — and that will mean more expensive bills. Natural gas delivery volume in its Ohio service territory since Dec. 15, 2017, is the second highest...

Posted: 3 days ago

The sustained cold is doing more than making us uncomfortable. It’s making energy more expensive. Natural gas provider Vectren is warning that bitter cold is leading to higher gas use — and that will mean more expensive bills. Natural gas delivery volume in its Ohio service territory since Dec. 15, 2017, is the second highest...
Freight demand causing ‘perfect storm’ for local trucking industry
 A stronger economy has helped area shipping and logistics companies grow and increased freight prices and the number of orders for new trucks, a local business owner says. “Tonnage is up. And the amount of drivers is down,” Burch said last week in between meetings in Washington, D.C., where he was talking with other ATA leaders...

Posted: 3 days ago

A stronger economy has helped area shipping and logistics companies grow and increased freight prices and the number of orders for new trucks, a local business owner says. “Tonnage is up. And the amount of drivers is down,” Burch said last week in between meetings in Washington, D.C., where he was talking with other ATA leaders...