Blog

Driving Diversity in Commercial Real Estate

By Trixy Walker, Property Manager at Cushman & Wakefield As a female in a male-dominated profession, the road to success has not always been an easy road traveled. There have been a unique set of challenges that I have experienced as a woman in commercial real estate, an industry that has historically been a “boys … Continued

Three Things You’re Not Asking For in Your Lease Renewal Negotiations

By David Eske Renewing a lease in a hot real estate market can be a daunting task. Tenants have seen all the indications that point to a big rental rate increase—new construction, off-market transactions, and fewer “For Lease” signs. Although landlords have been looking forward to this opportunity to adjust rental rates, tenants should also … Continued

CRESCO Broker Spotlight: Connor Redman

Building isn’t something Connor Redman does… it’s who he is.  Whether making furniture at home or making deals happen for Cushman & Wakefield I CRESCO, Connor is always out to shape the future the way he sees it. Connor has been with the firm for less than a year and is already creating quite a … Continued

Will Robots Take Over CRE? Driverless Cars, Blockchain and Other Transformative Technologies

By Revathi Greenwood Technology is disrupting all kinds of industries, from ride sharing and taxis to streaming services in entertainment. Apart from some early adoption in the retail and industrial space – largely due to the disruptive nature of eCommerce – commercial real estate (CRE) has not seen a paradigm shift in implementing new technologies. Most change has been … Continued

Brookstone Goes BK

By Garrick Brown The number of standalone retail projects that will fail is likely a lot less than many fear, but the way out for these properties will increasingly be mixed-use. Struggling Class C malls may find new life as mixed-use multifamily, medical, campus, office or hospitality projects, and urban office, multifamily and hospitality projects alike … Continued

Take the Time to Understand the Language in Your Lease Before You Sign It

Due diligence is a crucial step for any business that seeks to make a smooth transition into newly leased space, says Simon Caplan, SIOR, a partner at Cushman & Wakefield/CRESCO Real Estate. “When you sign a long-term lease, you are now married and committed to that space and the landlord,” Caplan says. “You need a strong … Continued

Insurance Underwriters: The Most Important Design Stakeholder You’ve Never Heard Of

By Randy Thompson When Build-to-Suit is the Only Option In today’s eCommerce-driven economy, keeping up with consumer demand is imperative to success. But as retailers continue to grow, it can be difficult to find existing distribution centers that meet standards for labor, transportation costs, incentives, clear height, dock positions, and so on. Luckily, there’s a great option … Continued

newCommerce Spotlight: New SCOTUS Ruling on Internet Sales Taxation

By Garrick Brown & Ben Conwell On June 21 the United States Supreme Court issued its ruling in the case of South Dakota v. Wayfair.  This case, which Accounting Today referred to as “the tax case of the millennium,” held the promise of clarifying, once and for all, the thorny issue of local internet sales tax collection. The issue at … Continued

More Ominous Signs for LBO-Debt Addled Retailers

News broke that Claire’s unsecured creditors were lining up in opposition to the retail chain’s proposed restructuring. As you may well know, the accessories chain filed for Chapter 11 bankruptcy protection a few months back. It was the latest in a series of retail failures due to leveraged buyout (LBO) related debt. The practice, in which buyers … Continued

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.