Tech company announces headquarters after Toledo skyscraper acquisition
Posted By: Toledo Blade on September 10, 2026. For more information, please click here to read the source article.
A tech company that manufactures rugged computers and tablets will move its corporate headquarters to One SeaGate after the company’s owner and a business partner acquired the building.
Estone Technology said the skyscraper’s purchase by two Toledo business partners is an investment “not only in Estone Technology and One SeaGate, but in the future of downtown Toledo,” according to its website. The iconic downtown tower is 653,421 square feet and 32 stories tall, and was completed in 1981.
“One SeaGate has been an important part of Toledo’s skyline and business community for decades,” said Bing Li, the company’s president. “We’re excited to begin its next chapter, support Estone Technology’s growth, and contribute to the continued revitalization of downtown Toledo.”
The company refused to identify either of the business partners that acquired the office building. According to Ohio business records, Estone Group is the owner of Estone Technology, which is registered in California.
stone Technology manufactures medical-grade, rugged, and industrial computing hardware, according to its website. The company’s headquarters are currently on Spring Valley Drive in Springfield Township. It has facilities in Los Angeles, Tokyo, China, Vietnam, and the Netherlands.
The building currently bears the name of Fifth Third Bank, which will continue operations in the building as usual. According to a company representative, Reichle Klein, which represented the buyer and seller in the sale, will also continue managing the leasing and day-to-day operations of the building.
High-tech plans
In a joint news release, the ownership group said they plan to install new amenities at One SeaGate, which include an updated fitness center, yoga and wellness studio, golf simulator, a banquet and event space for companies, and more dining options.
“Our goal is to create an environment where existing tenants feel supported and new businesses can see their future,” the ownership group said. “Every company that chooses One SeaGate brings more people and more activity downtown. That is good for the property, good for neighboring businesses, and good for the Toledo community.”
It will also aim to modernize the building by installing smart security and access-control systems, connected building management technologies, new digital communications equipment, and robotic cleaners.
According to the group, the broader vision is for the building to “grow into a regional center for technology and innovation, serving businesses across Ohio, Michigan, and the broader Midwest,” the company said.
ary Thompson, COO of the Regional Growth Partnership, said he is glad the building has found a new owner.
“What I’m most excited about is that we have some local people investing in One SeaGate, and we have a local landlord that I think will understand our region and economy much better and make the kind of investments in the building to attract … tenants there,” Mr. Thompson said.
Drone tech growth
In June, Estone’s leadership announced a new factory and headquarters in Springfield Township. The facility was intended to expand its capabilities to serve government, defense, aerospace, and industrial customers, the company said.
The company cited rapid growth in demand for ground controllers, which it manufactures for unmanned aircraft, ground vehicles, and autonomous systems. In the past year, several defense companies have announced new facilities in the Toledo area.
Ukrainian Defense Drones announced in June that it would be building an $18.4 million factory in Holland to produce first-person view drones for U.S. allies. Since then, interest from other drone manufacturers and suppliers have been increasing.
“From Lucas County’s perspective, we have seen growing interest from drone-related supply chain companies looking for available land and buildings since Ukrainian Defense Drones’ announcement in the Village of Holland,” said Jamie Beier Grant, director of Lucas County’s Department of Economic Development.
Mr. Thompson said that defense manufacturing is moving inland and away from the coasts. That positions northwest Ohio in a prime location for drone manufacturing.
“We think drone and unmanned vehicles — what would be broadly called aerospace defense — is a real growth sector,” Mr. Thompson said. “What I hear out of Washington D.C. from consultants … is there’s a movement to push manufacturing back to the center of the country.”
Officials from the city of Toledo did not respond to a request for comment.
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