Cleveland
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CBRE Hires Industry Veteran in Cleveland
Ken Stern brings more than 30 years of experience to his new position as first vice president. He will represent retail center owners in negotiations with restaurants.
28 September 2018 08:27 -
Forest City’s Cleveland HQ Is Complete
Vocon designed the 110,000-square-foot downtown office that the real estate company leased last year, allowing the tenant to reduce its footprint by 40 percent.
18 September 2018 13:46 -
DealPoint Merrill Secures Financing for Cleveland Giant Eagle
The $6.6 million loan will be used for the redevelopment of the shopping center. DealPoint Merrill arranged the sale of the same property earlier this year.
11 September 2018 09:21 -
Single-Tenant Retail Building Trades in Cleveland
The 7,489-square-foot property located at 3040 Fulton Road was leased to Dollar General at the time of transaction.
23 August 2018 20:21 -
Cleveland’s Tower at Erieview Changes Hands
RAIT Financial Trust sold the fourth tallest building in the city to KRA Management. HFF represented the seller and procured the buyer.
23 August 2018 18:30 -
OH Distribution Center Changes Hands for $40M
Broadstone Net Lease Inc. has acquired the roughly 211,000-square-foot facility, which recently underwent an expansion and is fully leased to a frozen, refrigerated and dry foods distributor.
10 July 2018 13:47 -
Lee Harvard Shopping Center in Cleveland Trades for $13M
Arnold J. Eisenberg Inc. facilitated the sale of the 190,000-square-foot retail asset on behalf of the seller, Excelsior Capital Partners.
10 May 2018 10:35 -
NHI Nabs Senior Housing Portfolio for $68M
The 320-unit Sunrise Portfolio includes six assisted living and memory care properties located in Ohio and Pennsylvania. Bickford Senior Living will lease the communities.
08 May 2018 14:41 -
Cleveland-Cliffs Breaks Ground on $700M Toledo Plant
The facility is scheduled to start operation by the summer of 2020 and create 130 new jobs. Construction of the project, situated at the Ironville Terminal in the Port of Toledo, is expected to generate an additional 1,200 jobs.
04 April 2018 11:32 -
Demand Dampens Amid Building Surge in Cleveland
Although underperforming against the U.S. average, the area's multifamily market remains stable, fueled by the revitalization of the city’s core.
23 March 2018 14:03 -
Infinity Construction to Bring More Office to Cleveland Area
The development of two new buildings in Westlake, Ohio, is expected to add more than 100,000 square feet of Class A office space to the area’s inventory.
14 March 2018 14:10 -
BGL Facilitates Sale of Cleveland Mixed-Use Property
The asset, which is anchored by the Department of Veterans Affairs, was sold to a CGA Real Estate Services affiliate.
09 March 2018 16:27 -
Akron-Area Manufacturing Buildings Change Hands
The former Wrayco facility in Stow will soon have a new tenant. CBRE facilitated the sale of the 240,000-square-foot property.
07 February 2018 16:01 -
IPA Brokers Sale of 526 KSF Ohio Shopping Center
Located in Aurora, Marketplace at Four Corners traded for $55.7 million. The Marcus & Millichap division procured the seller and the buyer, a 1031 exchange investor.
07 February 2018 14:41 -
Bellwether Arranges $57M Refi for Cleveland Office Tower
The 10-year CMBS loan, originated by Rialto, will allow One Cleveland Center’s owner to refinance the property’s high interest rate debt and fund tenant improvements.
17 January 2018 20:34