Blog

Sweet Kiddles – Premier On-Demand Daycare

Cushman & Wakefield | CRESCO professionals David Leb and Connor Redman represented landlord Midwest Development Partners in securing University Circle’s first upscale daycare facility. Sweet Kiddles, a flexible daycare operation that provides unique solutions for busy parents, will occupy front retail space in the Centric building located on the corner of Circle Drive and Mayfield … Continued

Packaging company ePac plants its flag in Northeast Ohio

Cushman & Wakefield | CRESCO professional’s Bob Wetzel and George Pofok represented both parties in the leasing of an approximately 20,000-square-foot building at 30315 Bruce Industrial Parkway in Solon. By: Rachel Abbey McCafferty Northeast Ohio will soon be home to another manufacturing company. This one, ePac Flexible Packaging, aims to serve small businesses in the communities … Continued

Hospital buys former Drug Mart in Sandusky

Cushman & Wakefield | CRESCO professional Brian Smith represented the landlord in the sale of approximately 4 acres of property located at Columbus and Perkins Avenue in Sandusky, Ohio. Read the full article. 

Global Manufacturer Expands to Euclid and Adds Over 100 Jobs

Cushman & Wakefield | CRESCO professional Robert Wetzel represented global manufacturer, Consolidates Precision Products (CPP), in the lease of a 145,000 square foot advanced manufacturing facility in Euclid, Ohio, bringing over 120 new manufacturing and engineering jobs to the city. CPP’s expansion to Euclid signifies a growing trend of industrial businesses choosing to move or … Continued

Mall Real Estate – The Future of America’s Malls

According to Coresight research, 5,994 stores have announced they will close their doors while 2,641 have announced openings as of April 2019. U.S. retailer store closures so far this year surpass the number of closures from last year: 5,684. With all of the mall closings in the U.S., it is easy to think that retail … Continued

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Skoda Minotti Opening Downtown Cleveland Office

Cushman & Wakefield professional Jim Krivanek represented business advisory firm, Skoda Minotti, in its search for office space in downtown Cleveland. The firm plans to take approximately 10,000 square feet on the 8th floor of the Fifth/Third Center located at 600 Superior Avenue. Skoda Minotti’s new downtown office is expected to open in Fall 2019. … Continued

Nidec Industrial Solutions Makes History in Relocation to Brooklyn Heights, Ohio

Cushman & Wakefield | CRESCO professionals Simon Caplan,SIOR and Paul DiVincenzo represented global engineering firm, Nidec Industrial Solutions, in the purchase of approximately 9 acres of land located at the corner of Granger and Tuxedo Road in Brooklyn Heights, Ohio. The company was previously operating in 3 other locations, 2 in Independence and 1 in … Continued

Wholesale Giant Expands Headquarters in Sandusky Industrial Building

Cushman & Wakefield | CRESCO professional Brian Smith represented leading wholesale supplier K&K Interiors in the acquisition of the industrial building located at 4101 Venice Road in Sandusky, Ohio. Founded and headquartered in Sandusky, K&K is one of the country’s largest wholesale suppliers that specializes in fresh design and product innovation as well as award-winning … Continued

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Kevin Kelly Awarded Industrial Broker of the Year at NAIOP Awards of Excellence

Cushman & Wakefield | CRESCO professional Kevin Kelly received the 2018 Industrial Broker of the Year Award at the NAIOP Northern Ohio’s annual Awards of Excellence ceremony. The event recognizes the best projects, real estate transactions, and individual performances during the previous year within the industry. 2018 was a highlight among Kelly’s 32 year career, … Continued

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UNTUCKit Opens in Pinecrest — Retailer’s First Northeast Ohio Location

Cushman & Wakefield | CRESCO’s Shawn Fortner represented casual men’s apparel company, UNTUCKit, in the search for their first Northeast Ohio location. After an extensive exploration, the company chose Pinecrest as their destination, with an opening date slated for later this Summer. Founded in 2011, the New York based company has been rapidly expanding over … Continued

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Produce Packaging Move to Willoughby Hills Brings 300 New Jobs

Cushman & Wakefield | CRESCO’s Eliot Kijewski represented the seller in the transaction located at the former Sam’s Club in Willoughby Hills. Produce Packaging plans to relocate from their former headquarters in Cleveland to the new Chardon Road location, taking over 150,000 square feet of space, and adding approximately 300 new jobs to the business. … Continued

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Cushman & Wakefield | CRESCO Assists in Purchase by NY Investment Firm

Cushman & Wakefield | CRESCO brokers Rico Pietro and Jim Krivanek represented New York-based Somera Road Inc. in their search for a value-add investment in Cleveland. After significant consideration, Somera Road acquired the former Ohio Means Jobs Headquarters located at 1020 Bolivar Road in downtown Cleveland and plans to transform the historic office building into … Continued

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