Blog

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

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

Packaging company ePac plants its flag in Northeast Ohio

Cushman & Wakefield | CRESCO professional’s Bob Wetzel and George Pofok represented both parties in the leasing of an approximately 20,000-square-foot building at 30315 Bruce Industrial Parkway in Solon. By: Rachel Abbey McCafferty Northeast Ohio will soon be home to another manufacturing company. This one, ePac Flexible Packaging, aims to serve small businesses in the communities … Continued

Hospital buys former Drug Mart in Sandusky

Cushman & Wakefield | CRESCO professional Brian Smith represented the landlord in the sale of approximately 4 acres of property located at Columbus and Perkins Avenue in Sandusky, Ohio. Read the full article.