Broker Spotlight: Jason Laver
Jason Laver has always believed that the key to a successful, and contented career is to control your own destiny – which is exactly what attracted him to the commercial real estate industry. After spending countless late-night hours working his way through college at the University of Toledo where he was enrolled in a pre-pharmacy … Continued
New Residential Development in Birdtown Makes History
Cushman & Wakefield | CRESCO’s David Leb represented the buyer in the purchase of the property located at 12501 Madison Avenue in the historic Birdtown neighborhood in Lakewood, Ohio. CRESCO’s Connor Redman represented the seller. Jim Miketo, owner of Forest City Shuffleboard in Ohio City, plans to transform the 20,471 square foot property into approximately … Continued
Leasing Industrial Space: What You Need to Know
Is your growing business in need of a larger industrial space for manufacturing, storage, fulfillment or distribution? Leasing industrial space (rather than purchasing the building outright) can be a smart financial decision for many types of businesses. That said, industrial space leases tend to be quite complex, and usually come with more considerations than standard … Continued
Choosing Your Ideal Medical Office Space
Leasing a medical office space is a major decision, and there are many important factors that should be considered before you sign an agreement. Whether you’re opening a brand new practice or expanding your existing practice, here is what you need to know before you lease or buy a medical office building. 1. Consider the … Continued
Selecting Retail Space: 7 Things to Consider
Whether you’re a retailer searching for the perfect storefront or an investor looking to purchase a new retail property, selecting the right retail space to rent or buy can be tricky. How can you know whether you’re choosing the right location to appeal to your target demographic? Which factors are most important to consider when … Continued
Investing in Commercial Real Estate: The Pros and Cons
Investing in commercial real estate is a smart way to diversify your income streams and build your wealth. Traditionally, commercial real estate may refer to any property that is leased out to business owners, which can include retail, office, industrial, warehouse, apartments or mixed-use buildings. Getting started with commercial real estate investment can be an … Continued
Ohio City and Tremont Featured in Cushman & Wakefield’s National “Cool Streets” 2019 Report
Read the Ohio City | Tremont Cool Streets Research Report Ohio City / Tremont is one of North America’s top 20 “Cool Streets”, according to global real estate company Cushman & Wakefield. The coveted spot in Cushman & Wakefield’s Cool Streets report earns the neighborhoods attention from the firm’s 51,000-plus real estate professionals and their … Continued
The Afterlife of Churches
By: Alex Russo, Senior Vice President There are approximately 250,000 churches in the United States. Yet over the past two decades, the percentage of Americans who belong to a church, mosque or synagogue has declined, forcing these houses of worship to close their doors and be sold to new owners. According to CoStar, more than … Continued
Back to Business
The summer season is winding down, and businesses are preparing to shift into the fourth quarter. One in three small business owners say that Q4 tends to be the most profitable—and also the busiest—time of year, especially those in the retail and restaurant industries. As we close out the summer season and roll into October, … Continued
Broker Spotlight: Bill Saltzman
Striking the balance between the analytical and the creative has always been Bill Saltzman’s passion. From a young age, Bill fell in love with music and the arts, but his inquisitive mind also nurtured his enthusiasm for arithmetic and analytical thinking. After earning a B.B.A. in Economics from Ohio University, Bill took a position with … Continued
Space Matters: How Space Measurement Affects Total Occupancy Cost for Tenants
By: Bill Saltzman, CCIM, SIOR Executive Vice President | Director of Office Services One of the most important, but least understood aspects of leasing commercial space is understanding square footage and how it impacts total occupancy cost. Space measurement is a complicated process that requires persistent attention to detail and there are numerous factors one … Continued
Premier On-Demand Daycare Facility Coming to University Circle
Cushman & Wakefield | CRESCO professionals David Leb and Connor Redman represented landlord Midwest Development Partners in securing University Circle’s first upscale daycare facility. Sweet Kiddles, a flexible daycare operation that provides unique solutions for busy parents, will occupy front retail space in the Centric building located on the corner of Circle Drive and Mayfield … Continued
To 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.