Beyond COVID-19: Best Commercial Real Estate Choices for Greater Cleveland Businesses
Is your business in the Greater Cleveland area feeling the effects of COVID-19? The future of commercial real estate is uncertain. The Covid-19 pandemic has had a significant impact on the economy, but how will it affect businesses in the long run? Some experts predict that lease prices will fall as there are more vacancies … Continued
Read moreCleveland Commercial Property for Sale
Cushman & Wakefield | CRESCO Real Estate is the Greater Cleveland expert in commercial and industrial real estate. If you are looking for a commercial property for sale in Cleveland or Northeast Ohio, our real estate professionals are eager to share our insights and local market knowledge with you to help guide your decision-making process. … Continued
Read moreGreater Cleveland Ohio Land for Sale
Searching for land for sale near Cleveland, Ohio? Whether you are interested in diversifying your investment portfolio or are planning to build a new facility for your business operations, purchasing land is an exciting decision. Here at Cushman & Wakefield | CRESCO, our real estate experts are well-versed in the disposition and acquisition of land … Continued
Read moreNortheast Ohio Industrial Investment Sales
There is no doubt that the COVID-19 pandemic has shaken the global, national, and regional commercial real estate market. Yet even at the peak of the pandemic shutdown, one segment of the market has remained strong and dependable: industrial. Despite the fact that industrial investment sales volume in 2020 has dropped compared to the year … Continued
Read moreSubleasing Office Space During COVID-19
If you are among the countless businesses that have been forced to lay off or furlough employees during the COVID-19 pandemic, you may have found yourself with too much office space—especially if much of your remaining workforce is still working remotely. Landlords are in the precarious position of balancing their own interests with tenant interests, … Continued
Read moreCleveland Coworking: Its Changing Role in a COVID World
Within the last decade, coworking has become a significant driver of office demand. By 2019, more than two million people were working in over 22,000 coworking spaces around the globe. This explosive growth created exciting opportunities for commercial real estate investors, corporate employers, startups, freelancers, and office workers. Now, as the world struggles to adapt … Continued
Read moreProperty Touring in the Age of COVID-19 | CRESCO
Post written by Senior Sales Associate, David Leb. Meeting a prospective property tenant or buyer and conducting a tour is the bread and butter of commercial real estate brokers. I view it as my best chance to get a prospect excited, highlight the property’s top features, and most importantly, strategize with them as they go … Continued
Read moreA Retail Tenant’s Market: COVID-19’s Impact on CRE
The pendulum has swung. Just a few short months ago, the future of commercial real estate looked bright and landlords had little trouble keeping their vacancy rates low. Now, in the wake of the COVID-19 pandemic, tenants have the upper hand. As economic uncertainty sweeps across the nation, small businesses are being hit hard. Many … Continued
Read moreBlend and Extend Lease Amendments
Navigating lease terms in the face of large-scale economic uncertainty can be immensely challenging for both Northeast Ohio commercial landlords and tenants. During the COVID-19 pandemic, there have been many discussions about rent reductions, abatements, and evictions. Commercial tenants and landlords alike are concerned about declining income, and many are unsure how to move forward … Continued
Read moreInterview with Eliot Kijewski, Senior Vice President at CRESCO
Eliot Kijewski (SIOR) is the Senior Vice President at Cushman & Wakefield | CRESCO Real Estate. With more than 15 years in the commercial real estate industry, Eliot discusses how the times have changed as a result of the COVID-19 pandemic, and dives into the key takeaways for businesses during this period of uncertainty. 1. … Continued
Read moreRecovery Readiness: Reopening Your Greater Cleveland Workplace
As the nation continues to discuss plans for lifting stay-at-home restrictions, there is no doubt that the coming weeks and months will be a critical period of time. American workplaces will be tasked with adapting to unprecedented health and safety concerns with a “6 Feet Office” as furloughed and work-from-home employees return to the physical … Continued
Read more6 Feet Offices – Office Space Design Post COVID
As our Greater Cleveland community continues to adapt to life in the time of COVID-19, there is one lingering question on everyone’s minds: when will this all end, and when will we be able to go back to the way things were? While none of us possess a crystal ball that will provide us these … Continued
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