NEWS

 To see a full article, click on the picture of any news story (not annoucements).
 

"Meijer plans a major push into Northeast Ohio with five new superstores expected to open in th enext to to three yeears, inclcing the latest adquisition -   a store at the site of the former Super K on Leavitt Road in Lorain."

             Source:  Cleveland.com 12/14/16

 

"Plans to award bonus sized Ohio Historic Preseration Tax Credits earmarked by th eOhio Legislature to aid rnovation of the May Co. building in Cleveland and the former Goodyear Headquarters in Akron were signed into law by Gov. John Kasich."

                       Source:  Crain's Cleveland Business   

                                             January 3, 2017

 
.9 acre outparcel to Residence Inn SOLD! on Park East in Beachwood for medical office.
Kruse Commons welcomes it's newest tenant, Burger Fresh!  Burger Fresh is located adjacent to Vitamix in the Liberty Bank building on Kruse Drive in Solon, Ohio.  Burger Fresh has different burger options with your choice of bun and toppings!  Cleveland Commercial Group is the exclusive broker for Kruse Commons. 

 

Century Federal Plaza, located on Pearl Road, just south of North Royalton Rd., is FULLY LEASED!  Thanks to the efforts of Georgeann Lawrence, Sr. Vice President of Cleveland Commercial Group, the newest tenants to join Century Federal Plaza include Sylvan Learning Center and Crown of India!

 

6,000 S.F.  Free-Standing Retail Building located on Lorain Road in North Olmsted SOLD! to a local developer for the first Sleep Outfitters store in NE Ohio!  The building was sold by Georgeann Lawrence, Sr. Vice President of Cleveland Commercial Group who represented the Seller.

 

 

4.54 acres of vacant land SOLD! by Georgeann Lawrence, Sr. Vice President of Cleveland Commercial Group who represented the Seller of this land to a local developer.  This property is located on Pearl Road, just north of Boston Road in the area of Petiti's Garden Center and Southwest General Hospital.

   

75 Public Square          

75 Public Square SOLD!  Arthur Lawrence, Managing Principle of Cleveland Commercial Group represented the Seller of the property in the sale to Millennia Cos.  The new owner plans on redeveloping the building that has a prominent position on Cleveland's Public Square which is set to be the focus of a large redevelopment project itself. 

Please click on the photo to the left to view a recent article from Cleveland.com                

           Commercial Real Estate appears to be on the rebound per this article that recently appeared in Crains Cleveland.  Golden Gate Shopping Center is just one of the transactions that account  for 42% of the commercial real estate transaction volumne so far this year.

                                             Click on the Aerial for the full article.                                                             

                                                                                  Source:  Crains Cleveland

Cleveland is not the only NE Ohio city with exciting things happening - Akron, Ohio also has had a number of new and exciting things happening.  Take a look at this video from Downtown Akron Partnership for a feel of what it is like to live, work and play in Akron!

Click on the map of Akron to see "what's happening"!

Source:  Downtown Akron Partnership

 SOLD!           

    Cleveland Commercial Group represented the Buyer and Seller of the Wal-Mart located at the SW Corner of Mayfield Road and SOM Center Road,  Mayfield Hts., Ohio

Situated in the heart of downtown, the 5th Street Arcades are one of Cleveland's newest retail hotspots. The two arcades were built more than a century ago and were later connected, and now are home to a Marriott Residence Inn as well as many dining and shopping options. Then known as the Colonial Arcade, the building was once a main shopping destination in Cleveland, but the area began to use business in more recent years. With occupancy rates around 50 percent, Cumberland Development became the master leaser for the arcades in 2012 -- rebranding as the 5th Street Arcades -- and have since boosted occupancy to nearly 100 percent. Spaces are now filled with unique and local retail from organic goods stores to a handcrafted coffee shop. 

Source:  DowntownCleveland.com 

LEASED!

 Francesco's Bakery & Deli, a new Italian Bakery is now located in Broadview Heights in Broadview Commons.  Cleveland Commercial Group represented the Landlord in this new lease.  Stop in to try some fabulous Italian pastries or prepared foods!

Need convincing that Downtown Cleveland is the "Place to be?"  Take a look at what Downtown Cleveland has become by clicking on the picture for a fantastic video put together by DowntownCleveland.com! 

Source:  DowntownCleveland.com 

Commercial Building - Commercial Real Estate Services    SOLD!

      Cleveland Commercial Group represented the owner of two office buildings located on East washington in Chagrin Falls, Ohio in the sale of the property to the new local owner/user.

      

 This is a great video describing the new development by the Geis Brothers on Euclid Ave. and East 9th Street - "The 9" - 

Click on the photo see video!

Source:  WKYC.com

 

SOLD!

Cleveland Commercial Group represented the Seller of 5.0 vacant land at the NW Corner of Huffman and Stumph Roads in Parma, Ohio.  New senior apartment complex is now  under construction!

SOLD!

        Cleveland Commercial Group represented the Buyer of a Dollar Tree located at 6071 Broadway Ave., Cleveland, Ohio

Contact us for services that make it easier to buy and sell prime commercial real estate with our extensive experince.