City: Cleveland

Crain's Cleveland Business Paragon Real Estate Equity and Investment Trust does not expect to close its acquisition of 10 apartment communities in Ohio and Texas before the end of the year. The Cleveland REIT agreed in September to pay $64.7 ...

Crain's Cleveland Business Cleveland's office vacancy rate will inch up to 24.3 percent by the end of the year, a small increase from 23.6 percent last year, according to a Grubb & Ellis. The year will end with roughly 4.87 ...

The Cirrus Group has purchased two medical office buildings totaling 60,463 square feet in metropolitan Cleveland. A seller and purchase price were not disclosed. The Dallas real estate firm acquired Parma Ridge Medical Building, a 29,337-sf building in Parma that ...

Wells Real Estate Investment is making a $312.2 million investment in Key Center, a mixed-use property owned by a Richard E. Jacobs Group venture. The complex is anchored by a 1.3 million-square-foot office building and includes a 400-room hotel and ...

Crain's Cleveland Business Duke Realty's decision to vacate the Northeast Ohio real estate market is expected to have a severe negative impact on the region. Although the biggest cut is to the region's image, the exit is also adding fears ...

Crain's Cleveland Business CB Richard Ellis has started marketing for sublease a total of 182,569 square feet in the Erieview Plaza and IMG Center buildings in downtown Cleveland. Much of the space came online after layoffs and office moves resulting ...

Crain's Cleveland Business First Interstate Properties Ltd. has begun construction of the $120 million Steelyard Commons shopping center in Cleveland. The Lyndhurst, Ohio, developer also announced that a Wal-Mart Supercenter will anchor the site. Other tenants include Target, The Home ...

Crain's Cleveland Business The amount of vacant industrial space in Northeast Ohio stood at 31 million square feet, as of June 30, according to a report by Grubb & Ellis. The amount of available space is down 14 percent from ...