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editorial

Land in #TheLand is Hot Again

Tuesday, November 28, 2017

Land Sales Slow: Large Northeast Ohio land sales have been fairly slow over the last few years, until recently. In fact, according to the commercial real estate database CoStar there were just 36 commercial or industrial land sale transactions of 50 or more acres in the Cleveland-Akron-Canton market from 2013 to 2016. That is 9 sales per year in that four-year span.

Tags: Land  Amazon 

Southeast SubMarket & Big Box Analysis

Saturday, June 10, 2017

Southeast Submarket Analysis

National Industrial Tenants Landing in Smaller Markets

Saturday, April 01, 2017

Cleveland has made a comeback. Finally. We're seven years into our recovery and the hottest part of the Northeast Ohio industrial distribution market has been national corporate tenants leasing space, ranging in size from 45,000 to 80,000 SF. That larger size has always been the strongest segment of our market, with companies like Berlin Packaging, Dunkin' Donuts (National DCP) and Bridgestone Americas (Tire Wholesale Warehouse) all making significant investments.

Northeast Ohio Sublease Market Shrinking

Friday, March 10, 2017

March, 2017 - Contrary to national trends published by Newmark Knight Frank's corporate research department, the office sublease market in Northeast Ohio, normally a predictor of underlying momentum in most overall markets, continues to shrink.

Stag Industrial Buys Bedford Heights Warehouse

Friday, March 10, 2017

In the first quarter of 2017, 26801 Fargo Road in Bedford Heights sold for $7,636,651, or $44.13/SF, toSTAG Industrial Holdings, LLC. Our team represented the sellers, a group of local Cleveland investors.

Here Come the Marijuana Growers

Thursday, March 02, 2017

March, 2017 - As if the Northeast Ohio industrial market was not tight enough, here come the marijuana growers! Last year, the Ohio General Assembly passed legislation for a medical marijuana program in Ohio and Governor Kasich signed the bill.

Midwest Investment Opportunities Hot as Ever

Wednesday, March 01, 2017

March, 2017 - New York, Chicago, Los Angeles and other big cities get far more attention thanNortheast Ohiowhen discussion turns to investment property sales.

Midtown Cleveland's Success Continues

Friday, February 10, 2017

As Downtown Cleveland captures the majority of recent commercial real estate news for its development projects, the city's Midtown area has quietly become a successful office submarket - specifically from East 57th Street to East 70th Street along Euclid Avenue.

Downtown Office Conversions Impact Market

Tuesday, January 10, 2017

Question: If vacancy rates seem so high, why is the office space game still so vibrant and healthy in Cleveland?
Answer: Conversions.