Tenant Representation for Commercial Real Estate Leases
Interested in leasing commercial real estate? If so, you may have come across the phrase “tenant representation” during your initial research. But what will a tenant rep broker actually do, and is hiring one really necessary when leasing commercial real estate? The Job of a Tenant Rep Broker? Tenant representation brokers (also called tenant advisors) … Continued
Read moreIndustrial Real Estate Market: The Decade In Review
As we continue to move forward into 2020, we are simultaneously taking the time to reflect back on the 2010s. Over the course of the last decade, a significant amount of change and growth occurred within Northeast Ohio’s commercial real estate market—especially within the region’s industrial market. Below, we dive into some of the most … Continued
Read moreDura-Line, a leading global manufacturer and distributor, opens a second location in Elyria, Ohio.
We recently completed a 139,920 SF industrial lease located at 669 Sugar Lane in Elyria, Ohio. Joseph V. Barna, SIOR and Principal at CRESCO Real Estate represented the landlord, Brad Maloof with Wildcat Sugar Lane Properties LLC and the tenant, Dura-Line Corporation in this transaction. Dura-Line will be opening a second location in Elyria, Ohio. … Continued
Read moreWhy Hire a Greater Cleveland Real Estate Broker to Buy or Sell Land
When buying or selling a commercial building, it’s a given that you need to hire a real estate professional to help facilitate the transaction. But what about when you are purchasing or selling a vacant parcel of land? After all, there is no interior to be staged for photos, no list of renovations to be … Continued
Read moreCleveland Real Estate: Power of the Pop-Up Store
There’s no doubt about it—from a commercial real estate perspective, 2019 will go down as the year of the pop-up. Traditionally, pop-up stores have been viewed a type of “placeholder” tenant; a consolation prize for landlords struggling to fill their retail spaces. It’s true that in decades past, pop-ups have been primarily comprised of seasonal … Continued
Read moreAttract Top Talent With the Right Office Space
Each year, The Conference Board polls business executives to determine the biggest hot button issues in the business landscape. The organization recently released their 2020 survey results, which included input from nearly 750 CEOs and 800 other C-Suite executives. Out of all the issues that businesses face, these CEOs ranked attracting and retaining top talent … Continued
Read moreCleveland: 5 Most Iconic Buildings
The most iconic Cleveland, Ohio landmark buildings have been a source of pride for local residents for more than a century. Many of these structures played pivotal roles in the development and success of Cleveland’s economy and continue to serve as beacons of industry and culture. From opulent Neoclassical banks to historic printing facilities, these … Continued
Read moreThe Rise of Co-Working in Cleveland, Ohio
Co-working is rapidly redefining the office work environment. This trend has been quickly gaining steam in recent years, but many people have been left wondering what all the hype is about. What exactly is co-working, and what’s driving this transformation? An Overview on Co-Working One official definition of co-working is “the use of an office … Continued
Read moreMade in Ohio: Industrial Demand in the Greater Cleveland Area
Turn on any news station and you’ll be bombarded with talk of trade wars and tariffs. Given all of this news coverage, it’s all too easy to wonder: do we make anything in America anymore? This sentiment is present right here in Ohio, too. Clevelanders often relish in the city’s industrial roots—as if our manufacturing, … Continued
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