The Sherwin-Williams Co. sold its historic downtown Cleveland headquarters and a key slice of riverfront property for $48.5 million, according to public records. Documents recorded Wednesday, July 5, ...

The sale comes about a year after Sherwin-Williams broke ground on the 600-foot tower in Cleveland's Public Square. Related Articles A year after reopening, The I-X Center is reinventing itself ...

Sherwin-Williams stock SHW dropped 8.9% to $225.06, enough to make it the S&P 500 index’s SPX biggest decliner. It suffered the biggest one-day drop since it plunged 18.7% on March 16, 2020 ...

We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign. Insiders in Sherwin-Williams didn't buy any shares in the last year.

The Sherwin-Williams Co. sold its historic downtown Cleveland headquarters and a key slice of riverfront property for $48.5 million, according to public records.