Buying vs. Leasing Office Space The decision of whether to buy or lease your next office space in Cleveland, Ohio involves several factors, including cash flow, recurring costs and taxes. Property cost is also key when making the decision. It is recommended to do a cost comparison for the short and long term when choosing … Continued

As the go-to real estate company in Northeast Ohio, CRESCO is here to guide you through your search for Akron office space. A recent influx of real estate investment from none other than Akron’s own LeBron James aims to continue the city’s positive trajectory and socially responsible development, highlighting the momentum and progress the city … Continued

As 2021 continues to present challenges and questions in regards to commercial real estate trends, there is positive news coming out of the Downtown Cleveland Alliance (DCA)’s 2020 Downtown Cleveland Annual report. Building upon years of private and public investment, the city has progressed even during these trying times.  Ongoing and planned investment shows a … Continued

Recently, there has been an increased demand for mixed-use property developments. Consumers’ needs are aimed at integrated lifestyle centers that cater to the prevalent “live, shop, work and play” motto.. The definition of a mixed-use property combines two or more types of real estate, such as retail and residential, or office and industrial, in a … Continued

While the COVID-19 pandemic has in some cases disrupted what was a strong commercial real estate market in Downtown Cleveland, the news is still promising for retail, office and industrial sites in Northeast Ohio. Here are a few factors driving the positive momentum. 1.   Major Employers Are Committed to Cleveland Corporations like Sherwin Williams and … Continued

When a business operator needs more space due to market expansion, the topic of using a warehouse may come up. Then the question becomes whether leasing or purchasing a warehouse is the best option. Greater Cleveland has many available warehouse spaces. Here are a few of the pros and cons of leasing or buying warehouse … Continued

Whether you own a retail, office, or industrial property in Northeast Ohio, there is a good chance that your future commercial tenants will require some alterations to the space to meet their business needs. Tenant improvements are an important component of commercial property management in terms of both attracting and retaining quality tenants.  Typically, these … Continued

The COVID-19 pandemic has left its mark on every segment of the commercial real estate industry, and property management is no exception. Commercial property owners in Northeast Ohio have been tasked with protecting their investment while simultaneously serving their tenants’ best interests and needs—during a period of great uncertainty and rapid change, no less. From … Continued