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
Read moreReal 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
CUSHMAN & WAKEFIELD | CRESCO Closes On Topgolf. Scores Deal For Independence, Regional Attraction
CLEVELAND (October 11, 2018) – Simon Caplan of Cushman & Wakefield | CRESCO represented the seller of the high profile 16-acre site located at the interchange of I-77 and I-480 in Independence, Ohio to deliver Topgolf’s already-announced Cleveland-area location. “This is among the most coveted land assets in the region. We needed to make sure we … 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
Cleveland City Council set to OK Purchase of Downtown Plain Dealer Building for New Police Headquarters
We’re happy to announce that the Cleveland City Council approved the purchase and redevelopment of the former Cleveland Plain Dealer building located at 1801 Superior Ave. City Council’s authorization is a big step towards making this project a reality for the Police, the City of Cleveland and its citizens. We’re looking forward to continued efforts … 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
