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
Read moreThe 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
Read moreBack 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
Read moreBroker Spotlight: Bill Saltzman
Striking the balance between the analytical and the creative has always been Bill Saltzman’s passion. From a young age, Bill fell in love with music and the arts, but his inquisitive mind also nurtured his enthusiasm for arithmetic and analytical thinking. After earning a B.B.A. in Economics from Ohio University, Bill took a position with … Continued
Read moreSpace 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
Read morePremier 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
Broker Spotlight: Eric Schreibman
For Eric Schreibman, being a broker in commercial real estate is all about being a trusted advisor, especially when clients need him the most. Upon earning his law degree from Arizona State University, Eric found that what he enjoyed most in the legal profession was not necessarily the mechanics of practicing law, but the opportunity … Continued
Read moreHospital 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.
The Hive: Cleveland’s Newest Tech Community
By: Jordyn Grzelewski, The Plain Dealer When Chad and Svetlana Kertesz purchased a property on the edge of Ohio City and the West Bank of the Flats last year, the six-floor building was vacant save for one tenant. Now, after undergoing what the couple described as “cosmetic renovations,” the building at 2019 Center St. – … Continued
Read moreTo 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.