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Global Manufacturer Expands to Euclid and Adds Over 100 Jobs

Cushman & Wakefield | CRESCO professional Robert Wetzel represented global manufacturer, Consolidates Precision Products (CPP), in the lease of a 145,000 square foot advanced manufacturing facility in Euclid, Ohio, bringing over 120 new manufacturing and engineering jobs to the city. CPP’s expansion to Euclid signifies a growing trend of industrial businesses choosing to move or … Continued

Mall Real Estate – The Future of America’s Malls

According to Coresight research, 5,994 stores have announced they will close their doors while 2,641 have announced openings as of April 2019. U.S. retailer store closures so far this year surpass the number of closures from last year: 5,684. With all of the mall closings in the U.S., it is easy to think that retail … Continued

Skoda Minotti Opening Downtown Cleveland Office

Cushman & Wakefield professional Jim Krivanek represented business advisory firm, Skoda Minotti, in its search for office space in downtown Cleveland. The firm plans to take approximately 10,000 square feet on the 8th floor of the Fifth/Third Center located at 600 Superior Avenue. Skoda Minotti’s new downtown office is expected to open in Fall 2019. … Continued

Global Industrial Firm Makes History in Relocation to Brooklyn Heights, Ohio

Cushman & Wakefield | CRESCO professionals Simon Caplan,SIOR and Paul DiVincenzo represented global engineering firm, Nidec Industrial Solutions, in the purchase of approximately 9 acres of land located at the corner of Granger and Tuxedo Road in Brooklyn Heights, Ohio. The company was previously operating in 3 other locations, 2 in Independence and 1 in … Continued

Wholesale Giant Expands Headquarters in Sandusky

Cushman & Wakefield | CRESCO professional Brian Smith represented leading wholesale supplier K&K Interiors in the acquisition of the industrial building located at 4101 Venice Road in Sandusky, Ohio. Founded and headquartered in Sandusky, K&K is one of the country’s largest wholesale suppliers that specializes in fresh design and product innovation as well as award-winning … Continued

Kevin Kelly Awarded Industrial Broker of the Year at NAIOP Awards of Excellence

Cushman & Wakefield | CRESCO professional Kevin Kelly received the 2018 Industrial Broker of the Year Award at the NAIOP Northern Ohio’s annual Awards of Excellence ceremony. The event recognizes the best projects, real estate transactions, and individual performances during the previous year within the industry. 2018 was a highlight among Kelly’s 32 year career, … Continued

UNTUCKit to Open First Retail Location in Northeast Ohio

Cushman & Wakefield | CRESCO’s Shawn Fortner represented casual men’s apparel company, UNTUCKit, in the search for their first Northeast Ohio location. After an extensive exploration, the company chose Pinecrest as their destination, with an opening date slated for later this Summer. Founded in 2011, the New York based company has been rapidly expanding over … Continued

Produce Packaging Move to Willoughby Hills Brings 300 New Jobs

Cushman & Wakefield | CRESCO’s Eliot Kijewski represented the seller in the transaction located at the former Sam’s Club in Willoughby Hills. Produce Packaging plans to relocate from their former headquarters in Cleveland to the new Chardon Road location, taking over 150,000 square feet of space, and adding approximately 300 new jobs to the business. … Continued

Cushman & Wakefield | CRESCO Assists in Purchase by NY Investment Firm

Cushman & Wakefield | CRESCO brokers Rico Pietro and Jim Krivanek represented New York-based Somera Road Inc. in their search for a value-add investment in Cleveland. After significant consideration, Somera Road acquired the former Ohio Means Jobs Headquarters located at 1020 Bolivar Road in downtown Cleveland and plans to transform the historic office building into … Continued

Van Aken District Retail Leasing to be led by Cushman & Wakefield | CRESCO

The owners and operators of the Van Aken District, RMS Development Corporation, selected Cushman & Wakefield | CRESCO to represent the retail listings at the Shaker Heights mixed use development. The Van Aken District and adjacent Shaker Plaza, combine to be a brand new downtown for Shaker Heights, located at the corner of Warrensville Center … Continued

Stark Enterprises Selects Cushman & Wakefield | CRESCO as Office Leasing Partner for nuCLEus

Stark Enterprises has selected Cushman & Wakefield | CRESCO to broker office leasing for their downtown nuCLEus project. The two Cleveland-based companies agreed to terms this week, bringing together highly-skilled and experienced commercial real estate professionals from both sides to serve as partners on this project. With a strong track record of brokering new developments … Continued

Outside Investors Find Hidden Value in Cleveland Markets

The grand opening of Pinecrest in June 2018 marked an explosion of new retail, office & residential opportunities for Northeast Ohio. The $230 million development continues to announce unique entertainment and retail features not offered anywhere else in the area. On the surface, the development is an exciting new experience that has never been seen … Continued