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Van Aken District: Cushman & Wakefield | CRESCO to Lead Retail Leasing

The owners and operators of the Van Aken District, RMS Development Corporation, selected Cushman & Wakefield | CRESCO to represent the retail listings at the Shaker Heights mixed use development. The Van Aken District and adjacent Shaker Plaza, combine to be a brand new downtown for Shaker Heights, located at the corner of Warrensville Center … Continued

Stark Enterprises Selects Cushman & Wakefield | CRESCO as Office Leasing Partner for nuCLEus

Stark Enterprises has selected Cushman & Wakefield | CRESCO to broker office leasing for their downtown nuCLEus project. The two Cleveland-based companies agreed to terms this week, bringing together highly-skilled and experienced commercial real estate professionals from both sides to serve as partners on this project. With a strong track record of brokering new developments … Continued

Outside Investors Find Hidden Value in Cleveland Markets

The grand opening of Pinecrest in June 2018 marked an explosion of new retail, office & residential opportunities for Northeast Ohio. The $230 million development continues to announce unique entertainment and retail features not offered anywhere else in the area. On the surface, the development is an exciting new experience that has never been seen … Continued

Cushman & Wakefield | CRESCO assists NY Developer Somera Road, Inc. in Purchase & Reposition of Royalton Collection to Attract Office HQ & Boost Retail in Strongsville

Cushman & Wakefield | CRESCO Rico Pietro and Jim Krivanek represented seller client, New York development firm, Somera Road, Inc., in the recent purchase of the Royalton Collection office space by Foundation Software, Inc. For Somera Road, this brings their Royalton Collection – a mixed use development comprised of four additional single-story retail buildings in … Continued

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Real Estate Forum’s Women of Influence: Marla Maloney

This year marks the 25th anniversary of Real Estate Forum’s Women of Influence issue, recognizing 50 women who have significantly impacted commercial real estate with their exceptional transaction volume, strong impact on their company’s overall success, or contributions to the industry at large. In our #cwWomenAtWork blog series, we profile our four winners honored as Women of … Continued

How Creativity and Collaboration Turn Change into Opportunity

We all know the big box retail landscape is changing. Traditional anchor store malls are quickly becoming a thing of the past. In fact, regional mall vacancy rates were at their highest in the first quarter of this year since 2012. It’s not just in-line stores that are downsizing either — it’s anchor stores, too. … Continued

More Ominous Signs for LBO-Debt Addled Retailers

News broke that Claire’s unsecured creditors were lining up in opposition to the retail chain’s proposed restructuring. As you may well know, the accessories chain filed for Chapter 11 bankruptcy protection a few months back. It was the latest in a series of retail failures due to leveraged buyout (LBO) related debt. The practice, in which buyers … Continued

Cushman & Wakefield | CRESCO Real Estate Debuts Virtual Tours

We posted a BisNow article about the slow integration of virtual and augmented reality into the office market. It’s a great tool to help clients visualize the future of a space, but why isn’t it catching on in the industrial market? It’s proven in other spaces; what is the hesitation here? We’re trying it on a few … Continued

CRESCO Real Estate Wins Big at 2018 NAIOP Awards

Cushman & Wakefield | CRESCO Real Estate is celebrating a handful of wins from the 2018 NAIOP Awards of Excellence. The NAIOP Awards of Excellence recognizes the best real estate transactions, projects and individuals throughout the previous year within the industry. Winners are chosen by clients, colleagues and fellow real estate brokers. Cleveland’s largest commercial … Continued

Cushman & Wakefield | CRESCO Real Estate hiring Senior Project Manager

Cushman & Wakefield | CRESCO Real Estate is hiring a Senior Project Manager. You can find more information regarding this opportunity below. SUMMARY The Senior Project Manager’s role is to manage the design, development, and implementation of Project & Development Services on behalf of the client, using established processes, experience, and expertise to execute a … Continued