Garfield Building sells for $6 million
By Michelle Jarboe McFee, The Plain Dealer CLEVELAND, Ohio — A $6 million real estate deal that closed Friday bulks up the downtown Cleveland presence of the Millennia Companies, an apartment...
View ArticleCleveland Renaissance a Draw For Businesses
By: Northeast Ohio Media Group Marketing Staff Lately, everyone is talking about Cleveland. Wondering why? The Midwestern town is in the middle of a full-blown cultural and economic renaissance, with...
View ArticleCleveland Commercial Real Estate Has “Gone 180 Degrees” Since 2011
By: Northeast Ohio Media Group Marketing Staff The commercial real estate market in Cleveland has experienced a complete turnaround since 2011, signaling a new surge in opportunity for businesses...
View ArticleAlexander Russo is pleased to work with The City of Olmsted Falls
April, 2015 – The mayor of Olmsted Falls, Ann Marie Donegan, is pleased to announce that the city has hired Cushman & Wakefield / CRESCO Real Estate. Alexander L. Russo, SIOR, Senior Vice...
View ArticleDowntown Cleveland Alliance Highlights Strong Start to 2015
Downtown Cleveland Alliance Highlights Strong Start to 2015 Downtown Cleveland Alliance (DCA) has released the Downtown Cleveland Market Update for the first quarter of 2015. This quarterly update...
View Article‘Vanguard Beachwood’ luxury apartments would contain heated pool, fire pits,...
Jim Krivanek and Rico Pietro represented the Developer By Bob Sandrick, Northeast Ohio Media Group BEACHWOOD, Ohio — Vanguard Beachwood, a proposed $36 million luxury apartment complex, would contain a...
View ArticleState of Downtown Retail
“The shopping piece is the final piece to round out downtown experience.” Rico Pietro A Panel Discussion Click To Watch Video At the turn of the 20th century, lower Euclid Avenue in downtown Cleveland...
View ArticleIndustrial Revolution: As construction grows, warehouses and distribution...
Industrial construction has seen an upswing in Northeast Ohio over the last few years. The vacancy rate of newer buildings is historically low, about two-and-a-half percent, according to Matthew...
View ArticleVanguard Beachwood luxury apartment rents to reach $2,000
Jim Krivanek and Rico Pietro represented the Developer By Bob Sandrick, Northeast Ohio Media Group BEACHWOOD, Ohio — City Council opened the gates a little wider Monday for a planned $36 million luxury...
View ArticleMedical Buildings Trend Toward Inviting, Retail-Like Atmosphere
The cold, sterile environment of the doctor’s office building is quickly being replaced with a look that is both inviting and soothing. The atmosphere begins at identifying elements outside of the...
View ArticleDowntown Cleveland Alliance shows Downtown Cleveland Leading the County in...
Q2 Market Update provides employment trend and office market analysis Downtown Cleveland Alliance (DCA) today released the Downtown Cleveland Market Update for the second quarter of 2015. This...
View ArticleGlenmede to anchor $6 million office building development at Chagrin Highlands
With Glenmede’s Beachwood-based Ohio office as an anchor tenant, real estate developer Dino Palmieri plans to start constructing an office building within weeks at Chagrin Highlands. The $6 million...
View ArticleNew owners rattle local office market
By: Stan Bullard Less consolidated ownership of multiple buildings. Less local. Less free wheeling. Those phrases define the impact of a dramatic change in ownership of Northeast Ohio multitenant...
View ArticleDowntown Cleveland Alliance Reports Occupancy Rates, Demand for Downtown...
Q3 Market Update Provides Residential Housing Trends, Commercial Real Estate Developments and Retail Updates Downtown Cleveland Alliance’s Q3 2015 Market Update shows the demand for space in Downtown...
View ArticleDetails Emerge on Red-Based Restaurant to Open on Prospect Avenue
by Douglas Trattner Since it was announced that Red Restaurant Group took possession of the Gateway District building at 811 Prospect Avenue, rumors swirled as to what restaurant – or type of...
View ArticleCleveland Businesses Take Root Near Transit Lines, Attracting More Customers
With a healthy public transit system and a robust stock of buildings suitable for a variety of offices, Cleveland is an ideal city for businesses to put down roots and attract employees. The trend...
View ArticleCommercial Building: What’s Next for Cleveland?
Much has been said about the revitalization of Downtown Cleveland. What can get overlooked in the celebration is the tremendous growth of commercial building in certain suburbs. Beachwood, for...
View ArticleDeveloper proposes senior apartment complex, Lowden Pointe, in South Euclid:...
By Sara Dorn, cleveland.com Sun News SOUTH EUCLID, Ohio — A developer wants to build a two-story apartment complex for residents 55 and older on the former Lowden school property. Preliminary plans...
View ArticleCushman and Wakefield Cleveland | Cresco RE “steaks” its claim in the Retail...
By Joe Crea, cleveland.com The Plain Dealer CLEVELAND, Ohio — This spring, another luxe steakhouse will join the mix of options in downtown Cleveland. Jeff Ruby Steakhouse will plant its flag in the...
View ArticleCrain’s Cleveland 2016 Predictions Features — Rico Pietro, Principal, Cushman...
Northeast Ohio’s leaders break out their crystal balls ON REAL ESTATE“By the end of 2016, I expect Cleveland to have five apparel-based retailers announce their interest in opening stores in downtown...
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