Rico A. Pietro, SIOR

Professional Expertise

Rico Pietro, Principal with Cushman & Wakefield | CRESCO Real Estate has been in the real estate industry for over twenty (20) years. He joined Cushman & Wakefield | CRESCO Real Estate in 2004 as a founding member of the Office Services Group. Rico provides corporate real estate advisory solutions to his clients locally and on an international basis. Rico currently sits on the Cushman & Wakefield Tenant Advisory Counsel. Rico is known as the most active broker in the Cleveland Region and is routinely the firms top producer in dollar volume and number of transactions.


Rico specializes in creative brokerage, advisory services and marketing trends in the office, investment, and mixed use arena.


Rico is the 2014, 2015, 2016 and 2017 Northern Ohio NAIOP Office Broker of the Year. His recent accomplishments include lead advisor for The “9” complex in downtown Cleveland that includes an
autograph Marriott Hotel, Heinen’s Grocery Store, luxury apartments and the County Office Headquarters. He also was the lead broker in assembling the land for the Gateway “nuCLEus” project,
a proposed $500 million + ground up mixed use development. Rico’s headquarter work includes Dealer Tire in MidTown who began occupying 180,000 SF in early 2017. Rico also was the lead broker for the sale of Terminal Tower in September, 2016 for 38.5MM.

Clients Served

  • ADCOM
  • Answers.com
  • Allstate Insurance
  • Behavioral Centers of America
  • BEK Developers
  • Bober Markey Fedorovich
  • Bryant & Stratton College
  • Bureau Veritas
  • Carpenters Union
  • CF Bank
  • Cleveland.com
  • Cleveland Urology
  • The Cleveland Clinic
  • Comsys
  • Cuyahoga Land Bank
  • Dalad Group
  • Dealer Tire World Headquarters
  • Dresser-Rand Company
  • Education Management Corp
  • Forest City Enterprises
  • Fresenius Dialysis Centers
  • GEIS
  • Gleeson Labs/Co-lab
  • Hemingway Development
  • Intercontinental Hotel Group
  • J Dek Investments
  • J Scheer Investments
  • K & D Group
  • Lifestance
  • Marcus & Millichap
  • Merge Healthcare
  • Microsoft
  • Middlefield Bank
  • Morgan Stanley
  • New York Community Bank
  • Nationwide Insurance
  • NESCO
  • Northeastern Ohio Neurosurgeons
  • NM Management
  • NV5 Management
  • OrangeTheory Fitness
  • Prestige Management
  • Starbucks
  • Select Medical
  • St. Vincent Medical Center
  • Stark Enterprises
  • Sun Life
  • Uber
  • University Hospitals Health Systems
  • Vatterott College
  • Welty Building Co.
  • Weston Hurd

Major Transactions

  • Dealer Tire - 180,000 SF
  • “The 9” and County Office Headquarters - 500,000 SF
  • Downtown Land Assembly - “nuCLEus” $26,000,000 - For proposed $500 million mixed used development
  • Sale of Terminal Tower for luxury apartment conversion for $38.5 MM

Accomplishments

  • Routine Top Company Producer
  • Consistent “Power Broker” via CoStar

Professional Affiliations

  • Cleveland Area Board of Realtors (CABOR)
  • Ohio Association of Realtors (OAR)
  • National Association of Realtors (NAR)
  • Society of Industrial and Office Realtors (SIOR) Executive Committee

Professional Recognition

  • NAIOP Office Broker of the Year 2014, 2015, 2016 & 2017
  • NAIOP Office Broker of the Year Nominee (2006, 2007, 2010, 2011, 2013, 2014, 2015, 2016 & 2017)
  • NAIOP Investment Transaction of the Year 2016 
  • NAIOP Office Transaction of the Year 2017

Community Leadership

  • Lakeland Foundation – Next Generation Board Member
  • Ohio Association of Community Colleges Board Member

Education

  • John Carroll University: Boler School of Business; B.S.B.A., Marketing Major

Contact Rico A. Pietro, SIOR

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