Cleveland
MRN Pre-Leases The Lofts at Rosetta Center
Apartment vacancies in downtown Cleveland are becoming harder and harder to find as office workers move in from the suburbs. According to the Downtown Cleveland Alliance, the occupancy rate is at 97% and has been rising steadily over past quarters. Luckily, developers have stepped up to answer this need. One…
Continue reading →Westin Cleveland Downtown to Open in Spring 2014
Optima Ventures partnered with Sage Hospitality to buy and renovate downtown Cleveland’s second-largest hotel, The Crowne Plaza Cleveland City Center. They paid $9 million cash for the hotel and parking garage and invested $64 million to turn it into a luxurious Westin. Now,the joint venture has announced an opening date…
Continue reading →Construction Loan Secured for $10+M Eco-friendly Townhome Community
Abode, Modern Lifestyle Developers, a real estate development company based in Cleveland, and First Federal Lakewood (FFL) have closed on a construction loan to finance the Clifton Pointe Luxury Ecohomes, a new multi-million-dollar townhome community located in Lakewood, Ohio. It will be one of the first modern ecohome development communities…
Continue reading →Kent State Board of Trustees Approves $150M in Campus Construction Projects
Kent State University’s Board of Trustees hired the Ruhlin Company to manage the $150 million, four-year construction and renovation project known as the “Foundations of Excellence, Building the Future.” The Sharon Center, Ohio-based company was selected after a competitive bidding and interview process. During the next four years, Ruhlin will…
Continue reading →Cleveland Metropolitan School District to Auction Off Headquarters in March
The Cleveland Metropolitan School District’s headquarters building will go up for auction next year.…
Continue reading →FirstEnergy Unveils Plans to Build New $45M Facility in Akron
FirstEnergy Corp. (NYSE: FE), a diversified energy company headquartered in Akron, Ohio, has recently unveiled its plans to construct a new transmission control center at the company's West Akron Complex.…
Continue reading →Leader Building Still Seeking New Owner
The Leader Building, a Class B office building in downtown Cleveland, hit the auction block on Nov. 13.…
Continue reading →Oswald Cos. Leases Three Floors in 1100 Superior Building
Oswald Cos., one of the nation's largest independent, employee-owned insurance companies, has been looking for space all over Cleveland to accommodate its needs.…
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