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McDonald's Outlines $6 Billion National Plan to Build, Renovate Restaurants
News 6 days ago
McDonald's Outlines $6 Billion National Plan to Build, Renovate Restaurants

By: Paul Owers and Linda Moss McDonald’s Corp. is using its substantial real estate holdings across the United States to fend off competitors...

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Brookfield Makes it Official, Confirms Agreement to Buy Forest City Realty Trust in $11.4 Billion Deal
News 2 weeks ago
Brookfield Makes it Official, Confirms Agreement to Buy Forest City Realty Trust in $11.4 Billion Deal

(Pictured) Forest City Realty's The Yards, 5.5 million square feet of retail, office and residential property across 25 buildings on 48 acres of...

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Brookfield's $11.4 Billion Forest City Deal Boosts Its Position as No. 2 U.S. Commercial Property Owner
News 2 weeks ago
Brookfield's $11.4 Billion Forest City Deal Boosts Its Position as No. 2 U.S. Commercial Property Owner

(Pictured) Forest City Realty's 1.6 million-square-foot Galleria at Sunset in Henderson, Nevada. Cleveland-Based Forest City's Portfolio Includes...

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Brookfield to Buy Forest City Realty Trust in $11.4 Billion Deal
News 2 weeks ago
Brookfield to Buy Forest City Realty Trust in $11.4 Billion Deal

(Pictured) Forest City Realty's The Yards, 5.5 million square feet of retail, office and residential property across 25 buildings on 48 acres of...

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Simon, Hach Join NKF in Cleveland
News 3 weeks ago
Simon, Hach Join NKF in Cleveland

Judy Simon and Lindsay Hach joined Newmark Knight Frank (NKF) in Cleveland, where they will focus on expanding the firm’s property management...

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The Niki Group Acquires 64,000-SF Shopping Center Near Cleveland
News 1 month ago
The Niki Group Acquires 64,000-SF Shopping Center Near Cleveland

The 64,350-square-foot Yorktown Plaza shopping center at 6333-6339 Olde York Rd. in Parma Heights, OH San Diego-based The Niki Group, a boutique...

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Westminster Capital Developing 434,000-SF Industrial Project in Glenwillow
News 1 month ago
Westminster Capital Developing 434,000-SF Industrial Project in Glenwillow

Construction is underway on Victory Commerce Center, a new 434,000-square-foot warehouse/distribution building in Glenwillow, Ohio. Chicago-based...

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Sears Adds Another 10 Unprofitable Stores to September Closing List; Tally Now at 78
News 1 month ago
Sears Adds Another 10 Unprofitable Stores to September Closing List; Tally Now at 78

The 100-store closing process for Sears and Kmart stores is moving into full throttle as parent company Sears Holdings announced late last week...

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Toledo’s Industrial Market Making Waves
News 1 month ago
Toledo’s Industrial Market Making Waves

Aerial of the 740,000-square-foot Campbell’s Soup distribution center in Findlay, OH. The project is slated to deliver by the beginning of the...

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Cell-O-Core Takes 75,000 SF in Seville
News 2 months ago
Cell-O-Core Takes 75,000 SF in Seville

The 75,000-square-foot warehouse at 5160 Greenwich Rd. in Seville, OH Cell-O-Core, a plastics fabrication company for the food and beverage...

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Millennia Housing Management Pays $40M for Near-Vacant 925 Euclid Bldg.
News 2 months ago
Millennia Housing Management Pays $40M for Near-Vacant 925 Euclid Bldg.

The 1.43 million-square-foot 925 Euclid building in Cleveland Millennia Housing Management, a local full-service investment firm, purchased a 1.43...

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New US Housing Index Underscores Long-Term Demand for Multifamily
News 2 months ago
New US Housing Index Underscores Long-Term Demand for Multifamily

If a study by professors at two Florida universities is any indication, demand for multifamily housing should hold steady for the foreseeable...

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Wolstein Group Secures $93M Financing for Flats at East Bank
News 2 months ago
Wolstein Group Secures $93M Financing for Flats at East Bank

The Class A, 231-unit Flats at East Bank apartment building at 1055 Old River Rd. in Cleveland Bellwether Enterprise Real Estate Capital arranged a...

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California Investor Acquires 43,000-SF Shopping Center in Madison
News 2 months ago
California Investor Acquires 43,000-SF Shopping Center in Madison

The 42,654-square-foot Madison Plaza at 6640-6666 N. Ridge Rd. in Madison, OH A Marina Del Rey, CA-based private investor purchased a 42,654-square...

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Orbis Signs 276,000-SF Lease at Industrial Realty Group's Manufacturing Bldg. in Mentor
News 2 months ago
Orbis Signs 276,000-SF Lease at Industrial Realty Group's Manufacturing Bldg. in Mentor

Industrial Realty Group’s 1.12 million-square-foot manufacturing building at 7190 Justin Way in Mentor, OH Orbis Corp., a manufacturer of plastic...

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CBRE Taps Magner as EVP
News 3 months ago
CBRE Taps Magner as EVP

CBRE tapped AJ Magner as executive vice president, joining the Cleveland-based advisory and transaction services team focusing on corporate real...

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National Realty Partners Adds 190,000-SF Shopping Center to Portfolio
News 3 months ago
National Realty Partners Adds 190,000-SF Shopping Center to Portfolio

The 190,036-square-foot Lee-Harvard Plaza at 4071 Lee Rd. in Cleveland Aberdeen, NJ-based First National Realty Partners purchased a 190,036-square...

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H&R REIT Agrees to Sell $633 Million U.S. Retail Portfolio
News 3 months ago
H&R REIT Agrees to Sell $633 Million U.S. Retail Portfolio

Pictured: A Home Depot in Strongsville, OH, one of 63 retail properties H&R REIT is expected to sell this June in a $633 million deal.Toronto-based...

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Action Industries Takes 73,000 SF in Strongsville
News 3 months ago
Action Industries Takes 73,000 SF in Strongsville

AIC Ventures’ 112,150-square-foot warehouse at 13325 Darice Pky. in Strongsville, OH Action Industries, a manufacturer and distributor of...

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Marcus & Millichap Buying Pinnacle Financial to Expand Midwest Financing Business
News 3 months ago
Marcus & Millichap Buying Pinnacle Financial to Expand Midwest Financing Business

Marcus & Millichap President/CEO Hessam Nadji, left, said the addition of the Pinnacle Financial team led by Jim Leonard, right, will extend the...

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ABB Moves into New Highland Hills Office
News 3 months ago
ABB Moves into New Highland Hills Office

ABB’s 145,000-square-foot office building at 23000 Harvard Rd. in Highland Hills, OH Last quarter, ABB Inc. relocated from Wickliffe to Highland...

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Aon Signs 13,000-SF Renewal at Skylight Office Tower
News 3 months ago
Aon Signs 13,000-SF Renewal at Skylight Office Tower

The Class A Skylight Office Tower at 1660 W. 2nd St. in Cleveland Aon Corp., a global professional services firm that provides risk, retirement and...

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Equity Lands Major Tenant at Suburban Cleveland Medical Office Bldg.
News 3 months ago
Equity Lands Major Tenant at Suburban Cleveland Medical Office Bldg.

Equity’s 59,470-square-foot medical office building in Solon, OH Bryant & Stratton College, a private, coeducational, for-profit college with...

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Colliers International Taps Abood as Senior VP, Principal
News 3 months ago
Colliers International Taps Abood as Senior VP, Principal

Mark Abood joined Colliers International as a senior vice president and principal, where he will focus on real estate acquisitions, due diligence...

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Playhouse Square Foundation Breaks Ground On 34-Story Apt. Tower
News 3 months ago
Playhouse Square Foundation Breaks Ground On 34-Story Apt. Tower

Rendering of the 318-unit The Lumen at Playhouse Square apartment tower in ClevelandCredit: SCB Playhouse Square Foundation broke ground on The...

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CoStar Market Insights: Cleveland Zoning Laws Could Help Developers
News 4 months ago
CoStar Market Insights: Cleveland Zoning Laws Could Help Developers

Recent legislation passed by the Cleveland City Council will simplify zoning in downtown Cleveland, making it much less complicated for developers...

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