Blog

5 Important Commercial Trends for 2023

As we approach the end of 2022, it’s natural to start thinking about what the next year might bring for the commercial real estate market. Here are five commercial real estate trends that we expect to see in 2023: 1. Continued growth of e-commerce and the need for warehouses and distribution centers The COVID-19 pandemic … Continued

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What on Earth is Going on in the Flats South?

We’ve been promised revitalization of the Flats South and the city of Cleveland is ready for it. The gentrification of a rust belt neighborhood written off as an urban casualty needs something to prime the pump and establish it as a destination. And that something is whiskey! Enter Cleveland Whiskey. In 2020 the local distiller … Continued

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Finding Office Space in Cleveland – What Works for You?

The office of the past, if you go back far enough, was fraught with inefficiency. Information had to be chiseled on stone tablets and awkwardly carried from place to place. Asking for revisions was a big hairy deal. “Hey, it’s not like this is all carved in stone!” was not a thing you could say. But by the … Continued

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Opportunity Zones Are Still a Wise Investment

Are opportunity zones losing popularity? The short answer is no. Opportunity Zones are still a viable and unique real estate option that can diversify your portfolio, give you long-term tax benefits and help revitalize the community. Real estate investors have poured billions of dollars into economically distressed areas over the past five years, and these … Continued

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Broker Spotlight: Rick Gardner

Several years ago, Rick Gardner, CBI, MBA, had the opportunity to sell a business along with a commercial property he was brokering. The process made sense: the client was looking to sell their property, and had planned on just dissolving the business within. Gardner saw the synergies between commercial property and business brokering and suggested … Continued

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Cushman & Wakefield | CRESCO Team Members Earn Prestigious NAIOP Awards

NAIOP, a commercial real estate development association, is a trade organization for developers, owners and related professionals in office, industrial and mixed-use real estate. Each year, NAIOP recognizes the achievements of real estate specialists across the country. We’re thrilled to announce four recent awards earned by team members here at Cushman & Wakefield | CRESCO. … Continued

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Irishtown Bend to Become Beacon of Recreation in Downtown Cleveland

Downtown Cleveland and surrounding neighborhoods’ commercial real estate is about to get even more valuable as greenspaces improve and residents become even more connected with the urban locale. The brightest example is the current Irishtown Bend project. What was once a street wall of abandoned buildings and vacant land sliding into the Cuyahoga River will … Continued

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Commercial Office and Retail Space in Downtown Cleveland – Back in Action

Despite COVID-19’s grasp, Downtown Cleveland is back to bustling. Office and retail space continues to grow as more and more employees make their way back to their downtown offices. The Downtown Cleveland Alliance’s (DCA) “recovery report” indicated 90% of employers have returned to downtown, with either full-time or hybrid models. Just in time for their … Continued

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