Notes From My Desk: What’s on My Radar this Month
Reaching out to share a few notes from my desk this month. Mostly real estate, sprinkled with other random things that caught my attention or are on my mind. I hope you enjoy it. 1. Construction costs. Cushman & Wakefield just released its 2026 Industrial Construction Cost Guide. New industrial runs about $78 a square foot … Continued
Read moreNotes From My Desk: Five Things on My Radar this Month
Here are five things that caught my eye this month around Northeast Ohio real estate and the wider market. Some are deals, some are just things I’m thinking about. Reply if any of it is useful to you. 1. A deal worth watching. KPR Centers of New York paid $28.2 million for Westwood Town Center in … Continued
Read moreA Few Scribbles from the First Half of 2026
Can you believe we’re halfway through 2026?! Here are a few things that stand out to me when I look at our 2026 deal flow, roughly 350 closed deals. A ton of activity under 10K square feet. Close to 88% of our office leases in the first half were under 10,000 square feet, and about … Continued
Read moreThe Power Behind Our Numbers
Every market insight, every report, every data point that helps someone make a smarter decision in this industry – someone has to build that. At CRESCO, that someone behind the scenes is Dean Mimms and he’s been staying busy. Since joining last December as our Finance & Research Analyst, Dean has been doing the kind of behind … Continued
Read moreBrad Nosan Has Reentered the CRE Chat
Brokers know the market. Others have actually lived it. This is exactly what makes our new broker’s arrival, Brad Nosan, so exciting! We’re thrilled to officially welcome Brad Nosan to the CRESCO team as Vice President. And if you’ve spent any time around the Northeast Ohio real estate community, there’s a good chance that his name already rings a bell! Brad … Continued
Read moreFrom National Outlook to Local Reality: My Five Key Takeaways
National outlooks are useful, but they can feel distant. Instead of summarizing the full 2026 United States Outlook, here are five things that stood out to me for Northern Ohio real estate markets. 1. Who isn’t a data center developer? In all honesty, data center activity is not slowing in 2026. AI is now a … Continued
Read moreCleveland’s Job Market is on the Rise This Fall
As the leaves turn and the air gets crisp, Cleveland’s job market is heating up. Greater Cleveland has ranked 11th in the nation as one of the fastest-growing job markets in the third quarter of 2025. You read that right – our city has officially become a hiring hotspot. While national chatter, hallway talk at the office and … Continued
Read moreBehind the Scenes of Playhouse Square Real Estate
In March 2020, as the world paused, CRESCO Real Estate took its first steps into the Playhouse Square District, partnering with one of Cleveland’s most iconic neighborhoods. Led by Connor Redman and Alex L. Russo, SIOR, the team secured office listings at a time when most were scaling back. What began as a leap of faith … Continued
Read moreIf These Walls Could Talk: The Rise, Fall, and Revival of Cleveland’s Variety Theater
Some buildings whisper their history. Others echo it. And if the walls of The Variety Theater could talk, they’d tell a story of vaudeville stars, silver screen icons, unforgettable performances, and a community’s passion for preservation. This isn’t just another vacant property—it’s an icon waiting to be reborn. Built in 1927, the Variety Theater was more than … Continued
Read moreHealthcare market headed toward retail occupancy and branding
The world of healthcare is catching up to the practices of retailers and service providers when it comes to real estate decision-making. As physician practices compete for patients not only with their services but with their branding and accessibility, we are continuing to see a surge of medical uses in properties that were once considered … Continued
Read moreCurrent commercial real estate market conditions narrow options for business
With a recent downturn in Cleveland business activity due to uncertainty in the economy and the upcoming presidential election, commercial real estate activity is expected to remain flat. And every market is being impacted, even those in strong industry sectors such as manufacturing, says Alex Valletto, associate, Cushman & Wakefield | CRESCO Real Estate. “Uncertainty … Continued
Read moreSecret sauce: How social media can position you — and your business — as an expert
If you are not telling your company’s story on social media, you are missing a prime opportunity to get your message out on your terms. While sending out a brochure can target one person — with no guarantee that person will even see it, let alone respond to it — sharing your message via social … Continued
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