Blog

A Retail Tenant’s Market: COVID-19’s Impact on CRE

The pendulum has swung. Just a few short months ago, the future of commercial real estate looked bright and landlords had little trouble keeping their vacancy rates low. Now, in the wake of the COVID-19 pandemic, tenants have the upper hand.  As economic uncertainty sweeps across the nation, small businesses are being hit hard. Many … Continued

Read more

Interview with Eliot Kijewski, Senior Vice President at CRESCO

Interview with Eliot Kijewski, Senior Vice President at CRESCO Eliot Kijewski (SIOR) is the Senior Vice President at Cushman & Wakefield | CRESCO Real Estate. With more than 15 years in the commercial real estate industry, Eliot discusses how the times have changed as a result of the COVID-19 pandemic, and dives into the key … Continued

Read more

Recovery Readiness: A How-To Guide for Reopening Your Workplace

Recovery Readiness: A How-To Guide for Reopening Your Workplace As the nation continues to discuss plans for lifting stay-at-home restrictions, there is no doubt that the coming weeks and months will be a critical period of time. American workplaces will be tasked with adapting to unprecedented health and safety concerns with a “6 Feet Office” … Continued

Read more

6 Feet Offices – Office Space Design Post COVID

6 Feet Office: The New Normal As our Greater Cleveland community continues to adapt to life in the time of COVID-19, there is one lingering question on everyone’s minds: when will this all end, and when will we be able to go back to the way things were? While none of us possess a crystal … Continued

Read more

Looking Back at the 1918 Pandemic in Cleveland

Looking Back at the 1918 Pandemic During the Time of COVID-19 Just over one century ago, the 1918 pandemic—better known as the Spanish Flu—ravaged the globe. An estimated 500 million people, or one-third of the world’s population, became infected with the virus between 1918 and 1920. Tens of millions of people around the world were … Continued

Read more

The Investment Potential of Data Center Real Estate

Considering investing in data center real estate? According to many industry experts, it’s a smart idea. As digital data becomes increasingly critical to both business operations and end consumers, our national need for data centers is continuing to rise as well. This growing demand presents a hot opportunity for commercial real estate investors seeking to … Continued

Read more

5 Things for Commercial Landlords to Consider During the COVID-19 Crisis

There is no denying that the COVID-19 pandemic will have an impact on the U.S. economy, especially as disruptions to supply and demand continue. In the wake of all this uncertainty, many commercial landlords and tenants have expressed a growing sense of anxiety.  During this time of rapid change, it is important for commercial landlords … Continued

Read more

How Manufacturers Can Aid the U.S. Response to COVID-19

As our Northeast Ohio community continues to adapt to new “stay at home” orders, many local manufacturers remain open and hard at work. Manufacturing is an essential industry, and plays a critical role in maintaining the regional and national supply chain. In this time of crisis and uncertainty, many manufacturers have also expressed a deep … Continued

Read more

Coronavirus & Commercial Real Estate: We Are Offering Virtual Showings

With Ohio currently under “stay at home” orders from Governor Mike DeWine, many commercial property owners, tenants, buyers, and sellers are left wondering what this means for their planned real estate transactions.  Non-essential businesses (including restaurants, bars, barbershops, nail salons, and entertainment venues) have been forced to close in an effort to slow the spread … Continued

Read more

7 Reasons to Use a Tenant Rep Broker

Tenant rep brokers (i.e. tenant representatives or tenant advisors) are commercial real estate professionals who help businesses find the best properties and negotiate the best terms. Unlike residential real estate agents, these brokers focus on office, retail, industrial, and other commercial spaces. Are you considering leasing or buying a commercial property? Read on for seven … Continued

Read more

Tenant Representation: What Is It & Why Do You Need It?

Interested in leasing commercial real estate? If so, you may have come across the phrase “tenant representation” during your initial research. But what will a tenant rep broker actually do, and is hiring one really necessary when leasing commercial real estate? The Job of a Tenant Rep Broker? Tenant representation brokers (also called tenant advisors) … Continued

Read more

Industrial Real Estate Market: The Decade In Review

Industrial Decade in Review As we continue to move forward into 2020, we are simultaneously taking the time to reflect back on the 2010s. Over the course of the last decade, a significant amount of change and growth occurred within Northeast Ohio’s commercial real estate market—especially within the region’s industrial market.  Below, we dive into … Continued

Read more