Office i Ohio Health technology firm moving to Cleveland-area's Pinecrest development Royal Philips, a health technology company, has signed a lease in the Offices at Pinecrest, a regional mixed-used development from Fairmount Properties and joint venture partner DiGeronimo Companies, which opened this spring on the east side Cleveland suburb of Orange Village, Ohio.
Retail i Ohio CBRE listing former Sears properties in Cleveland market CBRE is listing two former Sears properties in the Cleveland area, one in Mentor, Ohio, at the Great Lakes Mall, and a second in Middleburg Heights at Southland Shopping Center.
Finance i Ohio KeyBank provides $39 million for Cleveland apartments KeyBank Real Estate Capital and KeyBank Community Development Lending and Investment have provided a total of $39.4 million in financing for the redevelopment and preservation of Commodore Apartments in Cleveland.
Net Lease i Ohio Marcus & Millichap sells net-leased Arby's in Cincinnati Marcus & Millichap sold an Arby’s 2,890-square-foot net-leased property in Cincinnati. The asset sold for list price, $1.238 million.
Office i Ohio HFF negotiates sale of key office tower in downtown Cleveland Holliday Fenoglio Fowler, L.P. recently negotiated the sale of 1111 Superior Avenue, a 559,299-square-foot Class-A office tower in Cleveland.
Finance i Ohio Uber Capital Group provides $8 million in financing for Ohio Home Depot Joel J. Gorjian, founder and chief executive officer of the commercial real estate financial advisory and mortgage origination firm Uber Capital Group, LLC, has sourced an $8.3 million non-recourse bank financing for the Home Depot site at the Severance Town Center in Cleveland Heights, Ohio.
Finance i Ohio Berkadia provides $37 million in financing for Cleveland redevelopment Berkadia provided $37.9 million in financing for The Euclid Grand, a mixed-use historic redevelopment in downtown Cleveland that will feature 239 apartment units, 196 parking spaces and 21,000 square feet of retail.
Net Lease i Ohio Boulder Group closes $2.8 million CVS sale in Ohio The Boulder Group completed the sale of a single-tenant net-leased CVS Pharmacy property at 3825 Monticello Blvd. in Cleveland Heights, Ohio, for $2.8 million.
Legal Midwest National security concerns can block or unwind your real estate deal Recent federal legislation aimed at reforming the review process of the Committee on Foreign Investment (“CFIUS”) and expanding the authority will bring more real estate transactions within CFIUS’s reach.
CRE i Ohio Midwest Commercial Real Estate Hall of Fame: Bock & Clark's Hengle Each year, Midwest Real Estate News runs its Commercial Real Estate Hall of Fame issue, honoring the top real estate professionals working throughout the Midwest. This year, we are also running these profiles online. Today, we look at the busy career of Laura Hengle, director of marketing with the Akron, Ohio, office of Bock & Clark Corporation.
Finance i Ohio KeyBank provides $6 million in financing for historic Cleveland building KeyBank Community Development Lending & Investment has provided $6 million in construction financing to Woda Cooper Communities for the acquisition and substantial rehabilitation of the Stuyvesant Motor building in Cleveland.
CRE i Ohio Hall of Fame profile: JLL's Joe Messina Each year, Midwest Real Estate News runs its Midwest Commercial Real Estate Hall of Fame issue, highlighting the careers of the most successful CRE pros in the region. This year, we are also running those profiles online. Today, we look at the busy career of Joe Messina, managing director with the Cleveland office of JLL.
Finance i Ohio Greystone adds financing vet to Cleveland office Greystone continued to expand its affordable housing finance division with the hire of Brian Jones as a managing director. Based in Greystone’s Cleveland, Ohio, office, Jones has more than 20 years of finance experience, particularly in affordable and seniors housing financing across local and national markets.
Finance i Ohio Dougherty closes refinancing for trio of apartment communities in Cleveland Dougherty Mortgage recently closed a Fannie Mae loan for the refinancing of the West 116th Portfolio, consisting of three market-rate multifamily apartment properties totaling 43 units in Cleveland, Ohio.
Industrial i Ohio Friedman sells net-leased industrial properties in Cleveland and Detroit Friedman’s investment advisory team brokered the sale of two long-term net-leased industrial properties in Detroit and Cleveland.
Multifamily i Ohio CRE vet joins Cleveland office of Goodman Real Estate Michael Weiss has joined the Cleveland office of Goodman Real Estate Services Group as senior director.
CRE i Ohio Hall of Fame profile: Colliers' Thomas Gustafson Each year, Midwest Real Estate News runs its Commercial Real Estate Hall of Fame issue, highlighting the careers of the top CRE pros in the Midwest. This year, we are also running these profiles online. Today, we look at the career of Thomas Gustafson, national director of the self-storage practice group with the Cleveland office of Collier…
Net Lease i Ohio Quantum Real Estate Advisors closes $1.6 million sale in Cleveland Quantum Real Estate Advisors, Inc. has brokered the sale of a single-tenant building at 3040 Fulton Road in Cleveland.
Office i Ohio NRP Group moves headquarters to Halle Building in downtown Cleveland The NRP Group, a developer, builder, and manager of multifamily housing, has relocated its headquarters to the Halle Building at 1228 Euclid Ave. in Downtown Cleveland. The company moved from its former offices in Garfield Heights, Ohio.
Finance N Illinois Rush Street Capital expands with the hire of two new associates Chicago-based financial firm, Rush Street Capital, has expanded its team by hiring two new associates, Patrick Kelly and James Sheehan. Both associates joined the firm in August 2018, and will work out of the Chicago headquarters location at 125 S. Clark Street.