Lights, Camera, Transaction: How Film Production Can Bolster the Economy
Cleveland, a city celebrated for its industrial roots and a dynamic music scene, is again making a quiet name for itself in the film industry. Adding to the excitement is the buzz around Superman: Legacy, rumored to be filming in Cleveland this summer. This holds special significance as Superman, a cultural icon, was created right … Continued
Read moreBusinesses, developers may find significant opportunity west of Cleveland
Real estate conditions, broadly, on the west side of Greater Cleveland can be characterized as opportunistic, says Brian Smith, Vice President at Cushman & Wakefield | CRESCO Real Estate. “The West Side provides certain things that you can’t get on the other side of town,” Smith says. “There’s better access to the highway systems and … Continued
Read morePlug in: Tight industrial market makes being connected critical for buyers, tenants
The industrial property vacancy rate in Northeast Ohio at a historically low 2.5 percent. The cost of capital as well as a lack of new inventory coming online has made for a frustrating time for those needing new property to expand their business. Though Northeast Ohio is a market that typically gets a lot of … Continued
Read moreWhy Is My Office So Cold?
Ever feel like your office is on the front lines of a never-ending thermostat war? Some like it hot, some like it cold, but getting it “just right” seems like a re-write of Goldilocks at the office. At CRESCO, we’re not just bystanders; we’re in the trenches with you, navigating the quirks of various office … Continued
Read moreCleveland’s Rail Revolution: A Catalyst for Urban Transformation
The potential expansion of rail service through Cleveland is a development that’s not receiving its due recognition. Recently, four Ohio rail routes were chosen for passenger service expansion, with funding allocated for construction plans. This is a pivotal moment for our city. Currently, Cleveland’s passenger rail service is lackluster, offering limited, infrequent, and inconvenient east-west travel. But … Continued
Read moreThree Surprises from Our Office Move
After nearly 20 years in the same spot, it was time for a fresh start. The way we engage with our clients and each other has changed. We have a heavy reliance on tech, while encouraging in person interaction (we’re in the office a lot). We knew moving would be a heavy lift. Whether office, … Continued
Read moreCushman & Wakefield | CRESCO Real Estate Opens Downtown Office in Cleveland’s Iconic Halle Building
At Cushman & Wakefield | CRESCO Real Estate, we strongly believe in practicing what we preach. That’s why opening a downtown office is a natural progression for us. Our new office in the renowned Halle Building on Euclid Avenue offers 5,000 square feet of prime, high-profile space, opening June 15th, 2023 The decision to choose … Continued
Read moreThe Right Fit: How Organizations Big and Small Are Leveraging Co-working Spaces
Co-working spaces are becoming increasingly popular as businesses large and small leverage the flexibility they provide. The arrangement allows organizations or individuals to lease either an individual office or workstation and share amenities such as conference rooms, lounge areas and more, splitting the costs with other tenants. It offers privacy for those looking to put … Continued
Read moreShrinking Industrial Real Estate Options in Northeast Ohio Drive Up Tenant Costs
The Northeast Ohio industrial real estate market continues to tighten, with the vacancy rate at a historically low 3 percent. For tenants on a lease that need to stay in their current building or need to move because their requirements have changed, these conditions leave very few alternatives. “As recent as five years ago, when … Continued
Read moreIs Cleveland the Next 18-Hour City?
Cleveland is a rising 18-hour city, and we have the potential to become one of the most vibrant and livable cities in the Midwest. To achieve this, we have to invest in education & jobs and overhaul our infrastructure to meet the needs of a new generation of city dwellers and employers. Those planning efforts … Continued
Read moreBroker Spotlight: Maureen Anter-Ressler
For Maureen Anter-Ressler, past business experience and an entrepreneurial family history are the perfect combination for success in the real estate industry. Since joining Cushman & Wakefield | CRESCO as Senior Associate in January 2022, Maureen has focused on industrial real estate, representing buyers, tenants, owners and landlords. She also is involved with the owner-occupied … Continued
Read moreBroker Spotlight: Ryan Fisher
For Ryan Fisher, building relationships is one of the most rewarding parts of being a retail broker. That’s a key reason why he joined Cushman & Wakefield | CRESCO as senior vice president, overseeing the retail group, in January of 2022. “I’m looking forward to growing the group with these existing relationships and expanding on … Continued
Read more