Hospitality i Ohio Marcus & Millichap sells 92-room hotel in Ohio Marcus & Millichap recently sold the Comfort Inn & Suites West Chester, a 92-room hotel in West Chester, Ohio. The property sold for $6.2 million.
Retail N Illinois Beerhead Bar & Eatery plans Wrigleyville debut The American craft beer bar franchise, Beerhead Bar & Eatery, has finalized an agreement to make its Chicago debut as part of the much anticipated Addison & Clark complex in the Lakeview neighborhood. Across the street from Wrigley Field, Beerhead will begin serving its more than 500 brands of beer to baseball fans and Wrigley-goers in the …
CRE i Ohio REJournals' Cleveland CRE Summit: Celebrating a booming market More than 150 of the top commercial real estate pros in the Cleveland market headed to Windows on the River in Cleveland last week for REJournals' fourth annual Cleveland CRE Summit.
Finance i Ohio Bellwether's Jeff Musser: It's still busy out there The multifamily market has been strong for a long time. And in a bit of good news? The financing requests for this market sector aren’t slowing soon, according to industry veteran Jeff Musser, vice president of the Cleveland office of Bellwether Enterprise Real Estate Capital.
Office i Ohio CBRE adds office pros to Cleveland office Andrew Coleman, first vice president, and his associate, Stephen Morris, have joined the Cleveland Advisory & Transaction Services Office Agency team at CBRE.
Industrial i Ohio Finding industrial space in Cleveland no easy task The Cleveland industrial market is a hot one today, with vacancies under 5 percent in most submarkets. This is a good news. But it also presents certain challenges. Midwest Real Estate News recently spoke with David Stover, principal and executive managing director with Cleveland’s Hanna Commercial Real Estate, about this strong and steady sector.
Multifamily i Ohio Cleveland's multifamily boom not slowing yet The Cleveland-area multifamily sector continues to exceed expectations when it comes to vacancies, asking rents and plans for new apartment towers. Best of all? Two of the busier brokers working this market say that the city’s multifamily market isn’t showing any signs of slowing.
Finance i Ohio Rose Community Capital secures $16 million loan for Cleveland apartments Rose Community Capital has secured a more than $16.1 million Section 221(d)4 Substantial Rehab loan for Fenway Manor, a 143-unit affordable housing project in Cleveland, Ohio.
Office i Ohio CRESCO's Pietro: Drive for amenities luring companies to downtown Cleveland Rico Pietro, principal with the Cleveland office of Cushman & Wakefield|CRESCO Real Estate, has been selling commercial properties in this Midwest city for more than 20 years. Today, he specializes in Cleveland's office market. And, as he says, this is the healthiest he's seen this sector here in two decades.
Multifamily X Missouri City Club Apartments exiting St. Louis market City Club Apartments, the owner of Central West End City Club Apartments in St. Louis, has sold the community and will be exiting St. Louis to begin development in Cleveland and other Midwest and East Coast markets. The terms of the transaction were not disclosed.
Office Midwest JLL: Flexible office space is disrupting the Midwest CRE market Companies continue to experiment with their office space, often eliminating traditional cubicles and replacing them with open floor plans, shared workspaces and high-tech meeting space. You can debate whether workers appreciate this trend, but what do these changes mean for the commercial real estate market?
CRE Midwest The big problem: Vacant properties still plague many Midwest cities Want your city’s downtown to thrive? Want shopping centers, office towers and hotels to dot your municipality’s suburban areas?
Finance i Ohio Bellwether closes $93 million refinancing for high-end apartments in Cleveland Bellwether Enterprise Real Estate Capital LLC closed a $93 million refinancing loan for the Flats at East Bank Apartments, a luxury multifamily and mixed-use retail property in downtown Cleveland.
Office Q Kentucky CBRE: Louisville office rents some of the most affordable Companies looking for inexpensive office space will find it in Louisville. The Kentucky city’s office market boasts the second-lowest asking rents of major metropolitan markets in the United States, according to the latest research from CBRE.
CRE i Ohio Midwest Commercial Real Estate Hall of Fame: CBRE's Susan Lines Every year, Midwest Real Estate News publishes its Commercial Real Estate Hall of Fame issue, spotlighting the careers of the most successful CRE professionals in the Midwest. This year, we are also running those profiles online. Today, we highlight the success story of Susan Lines, senior vice president with the Akron, Ohio, office of CBRE.
Retail i Ohio Anchor Associates to represent Lands' End in Ohio expansion efforts Cincinnnati-based Anchor Asociates and its affiliate Anchor Cleveland will represent Lands’ End in the retailer’s expansion into Ohio markets.
CRE i Ohio CBRE names EVP in Cleveland office CBRE has hired AJ Magner as an executive vice president in the company’s Cleveland office.
Retail i Ohio Arnold J. Eisenberg sells 190,000-square-foot retail center in Cleveland Arnold J. Eisenberg Inc. has arranged the sale of Lee Harvard Shopping Center, a 190,000-square-foot retail center in Cleveland, for $12.8 million to First National Realty Partners.
Retail Midwest Food courts? No way. Food halls are boosting retail centers, offices and apartment developments The food court? That’s yesterday’s news. Today’s consumers want to eat in food halls, spaces filled with a wide choice of restaurants, but only restaurants that offer quality, healthier choices. Forget McDonald’s, and think instead of a local burger place or brick-oven pizza shop.
Industrial i Ohio Looking for positives? Newmark Knight Frank has plenty in its Cleveland industrial report Finding modern industrial space in the Cleveland market has become a challenge, as vacancy rates here remain at historic lows, according to the latest research from Newmark Knight Frank.