Greater Cleveland Commercial Real Estate Property Outlook for 2022
Cleveland is known for its resilience in the face of struggle, and that has remained apparent during 2020 and 2021’s COVID-19 pandemic. The early days of the pandemic proved to be a challenge no one expected, and commercial real estate lending hit a brick wall, briefly. But as the economy recovers, we are now seeing … Continued
The Flats Spotlight in Downtown Cleveland
Cleveland’s neighborhoods and districts are each eclectic in their own way, but Downtown Cleveland’s Flats District shines as a beacon of commerce, business, residential splendor and entertainment. With views of the majestic Lake Erie and Cleveland’s skyline, a diverse mix of bars, restaurants and music venues along the river, a huge boardwalk, water sports and … Continued
Cleveland Walls! Brings Stunning (and Visitors) Murals to the MidTown Neighborhood
This note was featured in our September 2021 Newsletter. If you are interested in receiving this newsletter, please sign up here: https://cresco.vmshares.com/contact/ Cities nationwide often struggle with sameness. Blocks of commercial and residential properties are undifferentiated from one city to the next. Neighborhood boundaries are blurred. There’s very little that a particular area can claim as unique. Cleveland has been making a concerted effort to combat sameness … Continued
Ohio Historic Building Tax Credits Continue to Aid Commercial Property Projects in Northeast Ohio
This note was featured in our August 2021 Newsletter. If you are interested in receiving this newsletter, please sign up here: https://cresco.vmshares.com/contact/ Bringing new life to historic properties is a passion for many of us here at Cushman & Wakefield | CRESCO. It takes a little extra effort and a lot more risk, entrepreneurship and commitment from our clients. Often, projects … Continued
Office Space Trends in Akron, Ohio
There’s no denying the COVID-19 pandemic has significantly affected every facet of our lives, including the commercial real estate market. Office space trends in Akron, Ohio, have been impacted by the pandemic, as well. While some companies still have employees working remotely, many have returned to the office or work a hybrid schedule. Some offices … Continued
Read moreKey Buying and Selling Land Considerations for Greater Cleveland Property Investors
Commercial real estate (CRE) is an appealing investment class because of its consistent returns, passive income and growth potential. This sector of real estate investing is becoming more popular as an alternative to traditional investments; however, not all commercial properties are considered equal. For investors to succeed in buying and selling land for CRE properties, … Continued
Read moreSpotlight on Brook Park: Northeast Ohio Commercial Real Estate
For those looking to purchase or lease land or commercial properties, Brook Park is a treasure trove. With a population of more than 19,100 residents, it is an ideal place for businesses and families looking to be near the action, yet surrounded by parks and peaceful neighborhoods. The juxtaposition of industrial and scenic makeup, in … Continued
Read more5 Qualities to Look for in a Cleveland Commercial Property Management Company
When searching for a Cleveland commercial property management company, which qualities are most important depends on your needs. Still, there are a few qualities all property owners and investors should consider, including the overall reputation of the firm, the firm’s operational approach, and its knowledge of and proven track record with certain property types. Ultimately, … Continued
Read moreBeyond 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 moreLease Commercial Buildings in Ohio
Are you a business owner searching for buildings for lease in Ohio? There are many benefits to leasing a commercial property rather than purchasing one; for instance, little upfront financial risk, no long-term commitment, lower maintenance costs, and the flexibility to upgrade to a larger building if your operation expands. That said, there are certain … Continued
Read moreBroker of the Year Award
Cushman & Wakefield | CRESCO Receives Broker of the Year and Other Awards Recently, the Cushman & Wakefield | CRESCO team was honored to receive a bevy of awards from NAIOP, the Commercial Real Estate Development Association. NAIOP comprises more than 19,000 members, and serves as the leading organization for developers, owners and investors of … Continued
Read moreCommercial Real Estate in Northeast Ohio
Cushman & Wakefield | CRESCO Real Estate is the leading expert in Northeast Ohio commercial real estate trends and news. We keep our finger on the pulse of the Greater Cleveland market, and share our insights regularly with investors, tenants, buyers and sellers. Below, take a look at five of the hottest and most relevant … Continued
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