Beyond COVID-19: Best Commercial Real Estate Choices for Greater Cleveland Businesses
Is your business in the Greater Cleveland area feeling the effects of COVID-19? The future of commercial real estate is uncertain. The Covid-19 pandemic has had a significant impact on the economy, but how will it affect businesses in the long run? Some experts predict that lease prices will fall as there are more vacancies … Continued
Read moreWarehouse Space in Cleveland and Northeast Ohio
When it comes to real estate investment, the Northeast Ohio area is not lacking in warehouse space. It’s not a secret that the pandemic has led to some major retail stores closing their doors, causing a shift in the need for retail space to a need for other types of commercial spaces such as warehouses. … Continued
Read moreGreater Cleveland Shopping Centers: Key Retail Real Estate Trends
Simon Caplan, a partner at CRESCO Real Estate, recently sat down with Smart Business to discuss the current commercial real estate market, including the state of retail and Cleveland shopping centers. He discusses how some retail spaces were converted to warehouses or used for non-retail purposes due to the COVID-19 pandemic, highlighting how retail property … Continued
Read moreHow to Attract and Keep Quality Tenants in Greater Cleveland Commercial Real Estate Properties
When investing in Cleveland commercial real estate, acquiring and retaining high-quality tenants is the key to success. Good tenants will take care of the property and pay their rent on time. They are professionals who will help your business thrive and recommend your other properties to their friends and colleagues. You can implement proven tactics … Continued
Read moreBenefits of Investing in Multifamily Properties in Northeast Ohio
The Covid-19 pandemic sent shockwaves through the commercial real estate market, yet the mufti-family sector has long held strong against uncertainty and economic swings, including the effects of the pandemic. Known for stability and decreased risk as opposed to other asset classes, and with strong rent growth in most urban markets, the multi-family market has … Continued
Read moreSupply Chain and Industrial Real Estate in Northeast Ohio
Written By: Austin Wetzel, Sales Associate Despite the Covid-19 pandemic looming over the majority of 2020 and into 2021, the supply chain and 3PL industries have been booming. In Northeast Ohio, vacancy rates have steadily remained under 4%. With stay-at-home orders issued in 2020 and a record number of employees working from home or remotely, … Continued
Cleveland Ohio Office Space: Buy or Lease?
Buying vs. Leasing Office Space The decision of whether to buy or lease your next office space in Cleveland, Ohio involves several factors, including cash flow, recurring costs and taxes. Property cost is also key when making the decision. It is recommended to do a cost comparison for the short and long term when choosing … Continued
Read moreAkron Office Space for Lease
As the go-to real estate company in Northeast Ohio, CRESCO is here to guide you through your search for Akron office space. A recent influx of real estate investment from none other than Akron’s own LeBron James aims to continue the city’s positive trajectory and socially responsible development, highlighting the momentum and progress the city … Continued
Read moreThe State of Cleveland Buildings for Sale
As 2021 continues to present challenges and questions in regards to commercial real estate trends, there is positive news coming out of the Downtown Cleveland Alliance (DCA)’s 2020 Downtown Cleveland Annual report. Building upon years of private and public investment, the city has progressed even during these trying times. Ongoing and planned investment shows a … Continued
Read moreMixed-Use Property for Sale in Cleveland Ohio
Recently, there has been an increased demand for mixed-use property developments. Consumers’ needs are aimed at integrated lifestyle centers that cater to the prevalent “live, shop, work and play” motto.. The definition of a mixed-use property combines two or more types of real estate, such as retail and residential, or office and industrial, in a … Continued
Read moreDowntown Cleveland Ohio Real Estate Trends
While the COVID-19 pandemic has in some cases disrupted what was a strong commercial real estate market in Downtown Cleveland, the news is still promising for retail, office and industrial sites in Northeast Ohio. Here are a few factors driving the positive momentum. 1. Major Employers Are Committed to Cleveland Corporations like Sherwin Williams and … Continued
Read moreFinding a Cleveland Warehouse for Lease or Sale
When a business operator needs more space due to market expansion, the topic of using a warehouse may come up. Then the question becomes whether leasing or purchasing a warehouse is the best option. Greater Cleveland has many available warehouse spaces. Here are a few of the pros and cons of leasing or buying warehouse … Continued
Read moreTo learn more about how CRESCO, Greater Cleveland’s leading commercial real estate company, can help you with your property needs, contact us at 216.520.1200, or fill out the form below. A CRESCO professional will contact you shortly.