Rico Pietro, SIOR has been brokering real estate deals in the Cleveland market for more than 20 years. He was lead adviser for downtown Cleveland’s The Metropolitan at the 9 project, which includes a Marriott hotel, Heinen’s Market, luxury apartments and headquarters for Cuyahoga County offices. One of the keys to making that deal happen was the … Continued
Commercial and industrial real estate activity has remained very strong with no real end in sight. It has been a landlord/seller market for a while, but now it’s time for tenants/buyers to do their homework and bid aggressively before an attractive opportunity is lost. “We are continuing to see more and more multiple offers,” says … Continued
By Tim Callahan Mental health issues have long been marginalized and treatment options for related illnesses have traditionally been sorely lacking. Today, however, the outlook is much brighter for those seeking behavioral health care. Recently the Centers for Medicare and Medicaid Services (CMS) changed its payment model to improve access to and quality of mental … Continued
By Kevin Imboden “The Edge” is a commonly heard buzzword at the core of the data center conversation, whether it be edge computing, edge data centers or device and cloud edges. But what is this edge and why are so many in the industry feeling so….edgy?” Simply put, edge computing means moving applications and user services … Continued
Over the last few years Amazon has not only changed how consumers shop but has drastically changed all aspects of the real estate market. This Amazon effect and e-commerce is driving a real estate revolution and the effects have been seen here in the Northeast, Ohio real estate market. Just recently Amazon has made two … Continued
There has been a steady flow of sale-leasebacks in Cleveland as local, regional and national investors find themselves flush with cash, but with limited properties to buy. “There’s a lot of activity from outsiders looking in,” says Joseph V. Barna, SIOR, a principal at Cushman & Wakefield/CRESCO Real Estate. The reason, he says, is because it’s … Continued
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