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Warehouse 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

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Greater 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

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Benefits 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

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Supply 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

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Akron 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

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The 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

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Mixed-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

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Downtown 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

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Finding 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

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