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.
CRE i Ohio CBRE's Cleveland office names new senior research analyst Brandon Isner has been promoted to senior research analyst at the Cleveland office of CBRE.
Industrial i Ohio CBRE negotiates 4.03-acre lease in Cincinnati CBRE represented Ohio Intermodal Services in its four-year lease of 2.03 acres at 1425 Ledlie Street in Cincinnati.
Office Midwest Marcus & Millichap's sunny forecast: Office vacancies plummeting, rents soaring in Midwest cities Expect office vacancy rates to head down across the Midwest this year as companies continue to make the move to urban centers.
Multifamily i Ohio Marcus & Millichap sells key apartment building in Cleveland Marcus & Millichap closed the sale of The Esmond, a 24-unit apartment property at 4806 Euclid Ave. in the Midtown neighborhood of Cleveland, Ohio. The asset sold on Feb. 15.
Office i Ohio JLL marketing more than 100,000 square feet of office development in Cleveland market JLL is will market the Convergent development, two new state-of-the-art office buildings to be built in Westlake, Ohio.
Retail i Ohio Sequoia Realty brokers big deal for food-business incubator in Cleveland Patrick Dowd, vice president of Sequoia Realty Corp., brokered the sale of 7501 Carnegie Avenue in Cleveland, Ohio, to Cleveland Food Hub, which will use the 137,670-square-foot facility for a food-business incubator and food manufacturing and warehousing space.
Retail N Illinois Forecasting Chicago's retail outlook Nationally, rising consumer confidence levels and the potential for higher wages should carry retail momentum through the year. This is according to Marcus & Millichap’s 2018 U.S. Retail Investment Forecast.
CRE i Ohio Bedrock adds industry veteran to Cleveland office Ken Till has joined Detroit-based Bedrock LLC in its Cleveland office. Bedroom is owned by Dan Gilbert.