Blog

Lease Innovative Commercial Office Space in Cleveland’s Idea Center

Cushman & Wakefield | CRESCO is proud to be the lead leasing brokerage firm for Playhouse Square’s one million square feet of office and retail spaces. One of the assets available for lease in Cleveland’s Theater District is the Idea Center. About the Idea Center Originally constructed in 1912, the building at 1375 Euclid Avenue … Continued

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CRESCO Partners With Cleveland’s Playhouse Square Real Estate

Cushman & Wakefield | CRESCO is proud to announce our partnership with Playhouse Square. Our team of real estate professionals will lead leasing and brokerage for Playhouse Square’s one million square feet of office and retail spaces in Cleveland’s vibrant Theater District.  Perhaps unprecedented, Playhouse Square owns and operates its real estate portfolio to support … Continued

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Property Touring in the Age of COVID-19 | CRESCO

Post written by Senior Sales Associate, David Leb. Meeting a prospective property tenant or buyer and conducting a tour is the bread and butter of commercial real estate brokers. I view it as my best chance to get a prospect excited, highlight the property’s top features, and most importantly, strategize with them as they go … Continued

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A Retail Tenant’s Market: COVID-19’s Impact on CRE

The pendulum has swung. Just a few short months ago, the future of commercial real estate looked bright and landlords had little trouble keeping their vacancy rates low. Now, in the wake of the COVID-19 pandemic, tenants have the upper hand.  As economic uncertainty sweeps across the nation, small businesses are being hit hard. Many … Continued

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Blend and Extend Lease Amendments

Navigating lease terms in the face of large-scale economic uncertainty can be immensely challenging for both Northeast Ohio commercial landlords and tenants. During the COVID-19 pandemic, there have been many discussions about rent reductions, abatements, and evictions. Commercial tenants and landlords alike are concerned about declining income, and many are unsure how to move forward … Continued

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Interview with Eliot Kijewski, Senior Vice President at CRESCO

Eliot Kijewski (SIOR) is the Senior Vice President at Cushman & Wakefield | CRESCO Real Estate. With more than 15 years in the commercial real estate industry, Eliot discusses how the times have changed as a result of the COVID-19 pandemic, and dives into the key takeaways for businesses during this period of uncertainty. 1. … Continued

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Recovery Readiness: Reopening Your Greater Cleveland Workplace

As the nation continues to discuss plans for lifting stay-at-home restrictions, there is no doubt that the coming weeks and months will be a critical period of time. American workplaces will be tasked with adapting to unprecedented health and safety concerns with a “6 Feet Office” as furloughed and work-from-home employees return to the physical … Continued

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6 Feet Offices – Office Space Design Post COVID

As our Greater Cleveland community continues to adapt to life in the time of COVID-19, there is one lingering question on everyone’s minds: when will this all end, and when will we be able to go back to the way things were? While none of us possess a crystal ball that will provide us these … Continued

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Looking Back at the 1918 Pandemic in Cleveland

Just over one century ago, the 1918 pandemic—better known as the Spanish Flu—ravaged the globe. An estimated 500 million people, or one-third of the world’s population, became infected with the virus between 1918 and 1920. Tens of millions of people around the world were killed within the span of several months. As our nation struggles … Continued

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The Investment Potential of Data Center Real Estate

Considering investing in data center real estate? According to many industry experts, it’s a smart idea. As digital data becomes increasingly critical to both business operations and end consumers, our national need for data centers is continuing to rise as well. This growing demand presents a hot opportunity for commercial real estate investors seeking to … 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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5 Things for Commercial Landlords to Consider During the COVID-19 Crisis

There is no denying that the COVID-19 pandemic will have an impact on the U.S. economy, especially as disruptions to supply and demand continue. In the wake of all this uncertainty, many commercial landlords and tenants have expressed a growing sense of anxiety.  During this time of rapid change, it is important for commercial landlords … Continued

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To learn more about how CRESCO, Greater Cleveland’s leading commercial real estate company, can help you with your property needs, contact us at 216.520.1200, or fill out the form below. A CRESCO professional will contact you shortly.