CRE i Ohio

Apartment, industrial markets the stars at Cleveland CRE Summit

A big crowd fills Windows on the River for the Cleveland Commercial Real Estate Summit held by REjournals.com and Midwest Real Estate News. A big crowd fills Windows on the River for the Cleveland Commercial Real Estate Summit held by REjournals.com and Midwest Real Estate News.
Members of the Developers panel had plenty to talk about. After all, construction crews have been busy across the Cleveland area. Members of this panel were Mario Sinicariello, President, Omni Senior Living; James Litwin, VP of Construction, Harbor Bay Real Estate Advisors; Jason Russell, Neighborhood General Manager, Van Aken District; Antonin Robert, President of Community Development, GBX Group LLC; Debora Lasch, Founding Member, Lasch Law LLC. Members of the Developers panel had plenty to talk about. After all, construction crews have been busy across the Cleveland area. Members of this panel were Mario Sinicariello, President, Omni Senior Living; James Litwin, VP of Construction, Harbor Bay Real Estate Advisors; Jason Russell, Neighborhood General Manager, Van Aken District; Antonin Robert, President of Community Development, GBX Group LLC; Debora Lasch, Founding Member, Lasch Law LLC.
Dave Stecker, Vice President, JLL; Rico Pietro, Principal, Cushman & Wakefield, CRESCO Real Estate; Steve Taylor, Vice President, CBRE/Retail Group; Kaitlin Corkran, Partner, Kohrman Jackson & Krantz LLP; Ted Barr, Co-Founder, Principal, Crescendo Healthcare Realty Advisors; and Suzanne Hamilton, Vice President Commercial Real Estate, ERIEBANK. Dave Stecker, Vice President, JLL; Rico Pietro, Principal, Cushman & Wakefield, CRESCO Real Estate; Steve Taylor, Vice President, CBRE/Retail Group; Kaitlin Corkran, Partner, Kohrman Jackson & Krantz LLP; Ted Barr, Co-Founder, Principal, Crescendo Healthcare Realty Advisors; and Suzanne Hamilton, Vice President Commercial Real Estate, ERIEBANK.
Jim Doyle, Senior Vice President, Bellwether Enterprise; Brian Weisberg, Vice President Residential Operations, Stark Enterprises; Gary Cooper, Senior Vice President/Principal, Colliers International; Nick Soeder, Principal Broker, Adams Lynch Associates; and Linda Green, Esq., Cleveland Commercial Manager, Chicago Title Insurance Co. Jim Doyle, Senior Vice President, Bellwether Enterprise; Brian Weisberg, Vice President Residential Operations, Stark Enterprises; Gary Cooper, Senior Vice President/Principal, Colliers International; Nick Soeder, Principal Broker, Adams Lynch Associates; and Linda Green, Esq., Cleveland Commercial Manager, Chicago Title Insurance Co.

More than 150 commercial real estate professionals crowded into Cleveland’s Windows on The River June 27 for the Cleveland Commercial Real Estate Summit held by REjournals.com and Midwest Real Estate News. The mood in the building? Optimistic.

That’s because there is much to be excited about when it comes to Cleveland’s commercial real estate market. The industrial and multifamily markets remain hot, with renters still wanting to move into downtown Cleveland and companies looking for distribution space close to the center of the city.

But while multifamily and industrial remain the stars here, the healthcare and office sectors remain strong, too. Health providers continue to build freestanding clinics and emergency treatment centers closer to their patients. And a growing number of employers are seeking office space in Cleveland’s central business district.

Even the retail sector, which faces challenges across the country, is seeing some success in the Cleveland area as innovative retailers continue to evolve to meet the changing demands of consumers.

To sum it up? The summit was a positive one, and the future looks bright for Cleveland’s CRE market.