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Cleveland

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Cleveland's original leading source for commercial real estate news, analysis, trends, events and resources in office, industrial, retail, multifamily, hotel, healthcare and net lease property sectors.

  • Research

    Cleveland Office Market Sees Lowest Vacancy Rate in 17 Years

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    “We see the Cleveland office market remaining fairly flat this year."

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    The 58-acre Pinecrest consists of 400,000 square feet of retail space, two Class A office buildings totaling 160,000 square feet, 87 high-end luxury apartments, and a 145-key AC Hotel by Marriott.

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    Gorjian Completes 27th Property Purchase in 12 months

    Katie Hinderer |

    “This latest acquisition brings our national ownership interest portfolio to 60 properties totaling 7 million square feet.”

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    Hill International Renewed for Cleveland Pipeline Program Management and Inspection Services

    Steve Lubetkin |

    Hill is overseeing work on Dominion Energy Ohio's pipeline infrastructure replacement initiative, a $4 billion, 25-year program that will involve eventual replacement of more than 5,500 miles of DEO’s 22,000-mile pipeline system.

  • News

    CA Ventures Launches Property Management Services

    Steve Lubetkin |

    Beth Pinder has been named to lead CA Management Services, which will oversee operations across the real estate investment company’s student and residential housing portfolios.

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    Stark, Campus Advantage JV to Develop New Student Housing at University of Florida

    John Jordan |

    When completed, Liv+ Gainesville will be a four-story, 279,075 square foot apartment style student housing complex.

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    Brookfield Closes $11.4B Forest City Acquisition

    Erika Morphy |

    Despite the opposition from Albert Ratner, Forest City shareholders approved the transaction last month.

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    GM to Shutter Five Plants, At Least 14,000 Job Cuts Planned

    John Jordan |

    GM also notes that in addition to the previously announced closure of its assembly plant in Gunsan, Korea, GM will cease operations at two additional plants outside North America by the end of 2019.

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    Bahrain-Based Arcapita Acquires Cleveland Industrial Real Estate Portfolio

    Steve Lubetkin |

    Arcapita has overseen $2 billion of industrial real estate transactions in the US and Asia.

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    MULTIFAMILY INFLUENCER: Bellwether Enterprise

    Sule Aygoren |

    Bellwether Enterprise’s motto is “Capital on a Mission.” That is, the firm seeks to make an impact beyond the bottom line, for the good of both its clients and the communities it serves.

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Resources

  • Can Artificial Intelligence Really Predict When a Tenant is About to Leave?

    From Okapi

    Artificial Intelligence (AI) is transforming what’s possible in CRE. Learn how this innovative technology is allowing property managers to predict a tenant’s behavior, streamline resources, and reduce costs.

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  • Advantages of a Higher Due Diligence Standard

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    Due diligence can be a daunting requirement to navigate in CRE transactions. Learn about the different Property Condition Assessment types, including those tailored to support acquisitions.

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