
Articles
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2 days ago |
crainscleveland.com | Dan Shingler
In the past few months, cities across Northeast Ohio have devised ways to create significant parcels of land to offer to developers, hoping to attract light-industrial companies. And many leaders from those cities share common goals with their listed acreage: jobs for local income tax bases and a focus on light industrial over data centers or warehouses, as those typically mean more jobs. Northeast Ohio already has seen plenty of movement in this market.
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6 days ago |
crainscleveland.com | Dan Shingler
A nearly $10 million construction project has kicked off in Stow, which will result in the city getting a new 41,000 square-foot office-production plant combo — and a new company. AMF Bruns, a German automotive company that makes wheelchair securement systems and other products, began construction on the plant on Tuesday, May 6. The project is being done by Fogg, a major builder in Stow and neighboring Hudson in recent years.
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1 week ago |
crainscleveland.com | Dan Shingler
The former VA Hospital site in Brecksville is quickly becoming one of the hottest real estate sites in Northeast Ohio as the Valor Acres development progresses. More than that, it’s having a positive effect on the entire Northeast Ohio commercial real estate market, developers and brokers say, as it proves that there is still high demand for office space in today’s market. The project, being built by DiGeronimo Cos. with Independence Construction, is massive.
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1 week ago |
crainscleveland.com | Dan Shingler
The federal government's announcement that it's selling the 32-story Anthony J. Celebrezze Federal Building in downtown Cleveland seems to raise as many questions as it answers about the building’s future. Real estate brokers who specialize in downtown real estate say the property could remain an office building, could be repurposed into residential or mixed use or, in a worst-case scenario, might sit empty and in neither bankruptcy nor good use.
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1 week ago |
crainscleveland.com | Dan Shingler
Worthington Steel’s facility on Heidtman Parkway in Cleveland has been put on the market. It’s a huge amount of industrial space in the heart of Cleveland’s steel processing and steel-handling district south of downtown. The facility has 268,500 square feet of space and sits on 33.3 acres, according to Cushman & Wakefield CRESCO, the real estate brokerage handling the sale. The building is being listed for $15 million, or $55.87 per square foot.
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