City: Cleveland

Cleveland's office market reported 4,570 square feet of positive absorption in the second quarter, according to Newmark. While that's a relatively small number, the quarter marks the third straight period of positive absorption in the city.

Cleveland Business Journal A group of Brooklyn, N.Y., investors has acquired the 164-unit Barrington Place Apartments in Westlake, Ohio, about 15 miles west of Cleveland. The investor group, led by Moses Mizrahi, a New York real estate investor, purchased the ...

Crain’s Cleveland Business DSV has agreed to fully lease the 368,537-square-foot industrial property at 9780 Mopar Drive in Streetsboro, Ohio, about 30 miles southeast of Cleveland. The property was built in 2011 and has 32-foot clear heights, 68 dock positions, ...

Omni Smart Living has lined up $73.6 million of financing against a pair of age-restricted residential properties with a combined 328 units in North Olmsted, Ohio. The Solon, Ohio, company is using the three-year loan, which was provided through a ...

REBusiness Online Metropolitan Holdings has received approvals to build a 298-unit apartment property at the intersection of South Arlington Road and East Turkeyfoot Lake Road in Green, Ohio, about 45 miles south of Cleveland. The Columbus, Ohio, developer expects to ...

The removal of 1 million square feet of so-called "zombie," or vacant, office space from Cleveland's office market has resulted in a sharp decline in the city's vacancy rate, to 17.9 percent. That rate is the lowest it's been since ...

Cleveland Business Journal Hertz Investment Management is offering for sale Fifth Third Center, a 513,152-square-foot office property in Cleveland. The Woodland Hills, Calif., investment firm had acquired it in 2015 for $53.8 million. The property, at 600 East Superior Ave., ...

Cleveland Business Journal Playhouse Square is offering for sale the Lumen, a 318-unit apartment property in Cleveland. The local developer tapped JLL to market the property, which is expected to sell for $159 million. Playhouse Square developed the property in ...