6 Questions to Ask When Looking for Northeast Ohio Warehouse Space
It’s well documented by now that the Northeast Ohio warehouse market is hot, and the perfect space is becoming increasingly difficult to find. We sat down with George Pofok, CCIM, SIOR, a principal at Cushman & Wakefield | CRESCO Real Estate, to dive into the market and explain the nuances of bulk distribution and warehouse … Continued
Read moreHow to Attract and Keep Quality Tenants in Greater Cleveland Commercial Real Estate Properties
When investing in Cleveland commercial real estate, acquiring and retaining high-quality tenants is the key to success. Good tenants will take care of the property and pay their rent on time. They are professionals who will help your business thrive and recommend your other properties to their friends and colleagues. You can implement proven tactics … Continued
Read moreMultifamily Properties (Including Apartments): Understand the Benefits of Investing
The Covid-19 pandemic sent shockwaves through the commercial real estate market, yet the mufti-family sector has long held strong against uncertainty and economic swings, including the effects of the pandemic. Known for stability and decreased risk as opposed to other asset classes, and with strong rent growth in most urban markets, the multi-family market has … Continued
Read moreSupply Chain and Industrial Real Estate in Northeast Ohio
Written By: Austin Wetzel, Sales Associate Despite the Covid-19 pandemic looming over the majority of 2020 and into 2021, the supply chain and 3PL industries have been booming. In Northeast Ohio, vacancy rates have steadily remained under 4%. With stay-at-home orders issued in 2020 and a record number of employees working from home or remotely, … Continued
Cleveland Industrial Property for Sale
Searching for an industrial property for sale in Greater Cleveland? Congratulations! Whether you are starting a new venture, growing your existing business, or simply finding a new space that better suits your operational needs, purchasing an industrial property is an exciting next step for your business. Cushman & Wakefield | CRESCO Real Estate professionals are … Continued
Read moreIndustrial Space for Lease in Greater Cleveland
Cleveland’s industrial real estate market is on the rise. Over the last decade, new construction of industrial buildings totaled 17.2 million square feet, with nearly half of that occurring within the last two years. That’s great news for businesses looking for industrial space for rent in the Greater Cleveland area, since it means there are … Continued
Read moreCommercial Real Estate in Greater Cleveland: Top Considerations
Interested in learning more about commercial real estate? Discover the most important things to consider when… Hiring a Broker Whether you are purchasing, selling, or leasing commercial real estate, hiring a broker is one of the best decisions you can make to ensure a favorable outcome. Brokers keep their fingers on the pulse of the … Continued
Read moreShopping for Industrial Real Estate in Greater Cleveland?
Purchasing or leasing industrial real estate is a major business decision. Whether you are in the process of starting a new business or are looking to expand or switch up your existing operations, your industrial property will be one of your most important assets. The space you choose for manufacturing, storage, fulfillment, or distribution of … Continued
Read moreUsing COVID-19 Downtime to Benefit Your Distribution Center
There is no denying that COVID-19 has disrupted the global supply chain. China’s role as the “world’s factory” means that any disturbance in production or transportation within China will surely impact businesses around the globe, as we’ve seen clearly over the past months. The economic effects of the coronavirus pandemic are not within any individual … 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 moreTips for Purchasing or Leasing a Warehouse in Cleveland, Ohio
If so, this is likely an exciting—and perhaps stressful—time for your business. As businesses grow and expand, procuring new storage and distribution space is a natural next step. But this process can leave business owners with more questions than answers. For instance, is it better to purchase or lease a warehouse space? How big should … Continued
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