Our retail team joined more than 30,000 people at this year’s International Council of Shopping Centers (ICSC) RECon 2019: the leading conference for the retail real estate industry that provides attendees the opportunity to connect with retailers, tech companies, and learn the latest trends from the industry’s top professionals. The news coming out of this … Continued

Fourth quarter 2018 was another strong quarter for commercial real estate in the office market across northeast Ohio, with vacancy rates dropping to 8.2% and asking rates jumping up an average of $17.66 per square foot (psf) gross. Rental rates in both the CBD and the suburban markets continue to climb at a modest pace, … Continued

The Cushman & Wakefield I CRESCO Q4 2018 MarketBeat Industrial report has been published. Market vacancy in Northeast Ohio Industrial real estate decreased reaching 3.4% at the end of 2018 and leasing activity was up significantly for both industrial and office services/flex with 1.9 million square feet (msf) of renewals and new leases in the … Continued

There’s probably no way you’ve been in Cleveland over the past 6 months and haven’t heard of Blockchain. Blockchain is a shared digital ledger of transactions recorded and verified across a network of participants in a tamper-proof and visible chain and has implications and potential for countless industries, including Commercial Real Estate. The Blockland Solutions Conference … Continued

By Garrick Brown, Vice President of Retail Intelligence and Ben Conwell, Senior Managing Director and head of Cushman & Wakefield’s newCommerce Initiative With Thanksgiving, Black Friday and Cyber Monday rapidly approaching, Cushman & Wakefield’s resident experts on bricks-and-mortar retail and eCommerce are providing their take on the looming holiday shopping season. Brown:  First off, the holiday shopping season isn’t … Continued

The Cushman & Wakefield I CRESCO Q3 MarketBeat Industrial report has been published. Third quarter 2018 saw market vacancy in Northeast Ohio industrial real estate increase 40 basis points to 3.9%. New construction delivered 1.2 million square feet (msf) during the third quarter with 2.4 msf currently under construction. User sales activity continued to remain … Continued

Third quarter 2018 was a strong quarter for the office market across northeast Ohio, with several high-profile CBD sales and vacancy rates dropping to historical lows. Despite rising wages across many sectors, businesses cannot keep up with the demand for products and services due to a lack of qualified workers. Supply costs have increased as … Continued

By: Mike Turzanski & Lee Dunfee Part one in our series on energy management discusses optimizing current infrastructure and technology to fully inform energy management initiatives and prepare for possible new technology. Although the commercial real estate industry has slowly adopted full-scale energy technologies, evolving energy regulations and standards are prompting real estate owners and … Continued

Mentorship means paying it forward by recognizing and nurturing the potential in another professional. This is particularly meaningful for women who have so much to gain from a mentor’s guidance on how to successfully lead in a male-dominated industry. The WIN Mentorship Program is designed to offer our young women opportunities that encourage them to continue to … Continued

By Jeff Green and Ben Conwell There has undoubtedly been a dramatic shift in the retail industry over the past several years. Consumers can purchase almost anything from the comfort of their own homes and have it on their doorsteps within hours. eCommerce has become the new norm, and the trend is forcing some retailers to downsize, consider … Continued

By Ben Conwell Whether it be transportation, hospitality, or food delivery, on-demand services have become entrenched in our daily lives. Now, the idea is entering the industrial real estate sector via technology platforms that connect organizations in need of warehouses with those that have extra space. Sounds straightforward, right? And the platforms are seeing success, too. … Continued