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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 Industrial Property for Sale

Searching for an industrial property for sale in Greater Cleveland? Congratulations! Whether you are starting a new venture, growing your existing business, or simply finding a new space that better suits your operational needs, purchasing an industrial property is an exciting next step for your business.  Cushman & Wakefield | CRESCO Real Estate professionals are … Continued

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Industrial Space for Lease in Greater Cleveland

Cleveland’s industrial real estate market is on the rise. Over the last decade, new construction of industrial buildings totaled 17.2 million square feet, with nearly half of that occurring within the last two years. That’s great news for businesses looking for industrial space for rent in the Greater Cleveland area, since it means there are … Continued

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Commercial Real Estate in Greater Cleveland: Top Considerations

Interested in learning more about commercial real estate? Discover the most important things to consider when… Hiring a Broker Whether you are purchasing, selling, or leasing commercial real estate, hiring a broker is one of the best decisions you can make to ensure a favorable outcome. Brokers keep their fingers on the pulse of the … Continued

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Shopping for Industrial Real Estate in Greater Cleveland?

Purchasing or leasing industrial real estate is a major business decision. Whether you are in the process of starting a new business or are looking to expand or switch up your existing operations, your industrial property will be one of your most important assets. The space you choose for manufacturing, storage, fulfillment, or distribution of … Continued

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Using COVID-19 Downtime to Benefit Your Distribution Center

There is no denying that COVID-19 has disrupted the global supply chain. China’s role as the “world’s factory” means that any disturbance in production or transportation within China will surely impact businesses around the globe, as we’ve seen clearly over the past months. The economic effects of the coronavirus pandemic are not within any individual … Continued

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Industrial Real Estate Market: The 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 some of the most … Continued

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Dura-Line, a leading global manufacturer and distributor, opens a second location in Elyria, Ohio.

We recently completed a 139,920 SF industrial lease located at 669 Sugar Lane in Elyria, Ohio. Joseph V. Barna, SIOR and Principal at CRESCO Real Estate represented the landlord, Brad Maloof with Wildcat Sugar Lane Properties LLC and the tenant, Dura-Line Corporation in this transaction. Dura-Line will be opening a second location in Elyria, Ohio.  … Continued

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Tips for Purchasing or Leasing a Warehouse in Cleveland, Ohio

If so, this is likely an exciting—and perhaps stressful—time for your business. As businesses grow and expand, procuring new storage and distribution space is a natural next step. But this process can leave business owners with more questions than answers.  For instance, is it better to purchase or lease a warehouse space? How big should … Continued

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Made in Ohio: Industrial Demand in the Greater Cleveland Area

Turn on any news station and you’ll be bombarded with talk of trade wars and tariffs. Given all of this news coverage, it’s all too easy to wonder: do we make anything in America anymore? This sentiment is present right here in Ohio, too. Clevelanders often relish in the city’s industrial roots—as if our manufacturing, … Continued

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