Northeast Ohio News
July 12 2022STRONGSVILLE, Ohio -- A plan to build 31 single-family homes in the southwest corner of town has been endorsed by the Strongsville Planning Commission and will now go to City Council for final approval.
July 04 2022SHAKER HEIGHTS, Ohio -- With six infill homes either sold, nearing completion or under construction in the city’s southern Moreland neighborhood since 2019, developers have now set their sights to the north.
May 05 2022MIDDLEBURG HEIGHTS, Ohio -- City Council at its April 26 meeting approved the rezoning of undeveloped property at Pearl and Sprague roads to a senior residence/life care district classification, thus enabling plans for a proposed 50-unit senior...
April 27 2022MAYFIELD HEIGHTS, Ohio — It won’t be long until the Walmart on Mayfield Road becomes a large, vacant building in a prominent shopping district. But every empty big-box store begs the same question. How long until the old store becomes something...
Bobby George has big plans for Old River Road in the Flats, complete with apartments, ‘biology upgrading center’
April 26 2022CLEVELAND, Ohio — Bobby George wants to convert a sleepy stretch of road on the east bank of the Flats along the Cuyahoga River into a vibrant street, complete with apartments, nightlife and a wellness space touted as “biology upgrading center...
New plan for former Lakewood Hospital site includes 200+ apartments, new HQ for health insurance company
March 30 2022CLEVELAND, Ohio — A new plan for the former Lakewood Hospital site includes hundreds of apartments and the headquarters of a growing health insurance company.
Beachwood Planning Commission to consider zoning for $125-million mixed-use project at former DoubleTree Hotel site
March 22 2022BEACHWOOD, Ohio -- City Council, on Monday (March 21), voted to send to the Planning & Zoning Commission for a recommendation the proposed rezoning of property at 3663 Park East Drive, which had been the home of the now-closed DoubleTree by ...
March 15 2022CLEVELAND, Ohio — ROOST Cleveland, which consists of 62 extended-stay hotel units in the historic May Co. building off Public Square, is now open for booking.
March 14 2022CLEVELAND, Ohio — For Logicalis, making the move from downtown Cleveland to Beachwood came down to two things: price and size.
March 10 2022Owner Kirt Montlack aims to shed 29 properties in Cleveland, Cleveland Heights, Lakewood and Shaker Heights. That portfolio includes a major concentration of buildings on the north side of Shaker Square.
March 10 2022ORANGE, Ohio -- Village Council has approved a request to permit an RH gallery to be located in the village’s planned mixed-use development (PM-UD) zoning district.
March 06 2022CLEVELAND -- Shaker Square has long been the subject of bragging rights for the East Side of Cleveland. It has played an important role in the development of the surrounding neighborhoods and served as a gathering place for the entire community...
March 04 2022CLEVELAND, Ohio — One of Cleveland’s largest law firms is leaving its home of nearly three decades and moving across Public Square to the Key Tower.
State awards developer $40M tax break for overhaul of former Huntington Building in downtown Cleveland
March 03 2022CLEVELAND, Ohio — The developer behind a planned transformation of the 1.4 million-square-foot former Huntington Building in downtown Cleveland was awarded a $40 million tax credit through a new program designed to help projects that could become...
Owner of historic Roundwood Manor in Hunting Valley loses lawsuit seeking permission to turn mansion into condos
March 01 2022CLEVELAND, Ohio — A judge has again rejected an attempt by the owner of a Hunting Valley mansion to overturn the village’s decision to reject her plans to turn the house into six luxury condominiums.
February 25 2022CLEVELAND, Ohio — A suburban Chicago company that owns buildings used by the U.S. Postal Service paid $34 million for a former General Motors transmission plant in Parma being used to store and process mail.
February 25 2022Friday, February 25, 2022 – Cleveland, OH – Mayor Justin M. Bibb’s administration will propose legislation to City Council on Monday to cap rental rate increases, expand lease options and permit alcohol sales to support vendors and drive growth...
Medical office buildings near Southwest General hospital in Middleburg Heights sell for $26.1 million
February 22 2022CLEVELAND, Ohio — A company linked to a Dallas real estate firm paid more than $26.1 million for three medical office buildings in Middleburg Heights that house some of Southwest General Health Center’s operations.
February 18 2022CLEVELAND, Ohio — The Cleveland City Planning Commission on Friday approved a project with 132 apartments and 10 townhomes set to rise in Cleveland’s Tremont neighborhood.
February 15 2022MAYFIELD HEIGHTS, Ohio -- Piada Italian Street Food will soon become another Mayfield Road dining option when it remodels and moves into the former Bruegger’s Bagels building across from City Hall.
February 14 2022SHAKER HEIGHTS, Ohio -- In order to allow the developer to seek financing and break ground by around mid-year, City Council on Monday (Feb. 14) approved tax incentives for the Van Aken District Phase II project, a 228-unit dual tower apartment...
February 07 2022The nearly 99,000-square-foot building is only 37% occupied. It's a potential candidate for redevelopment, on a 5.65-acre site on the outskirts of Severance Town Center.
$21.15M sale closes on former Ohio Bell building in downtown Cleveland, destined to become apartments
February 03 2022CLEVELAND, Ohio — The sale of 45 Erieview Plaza, a vacant office building next to the Galleria on the east side of downtown Cleveland, was finalized Wednesday, with the new owners paying $21.15 million.
February 01 2022SHAKER HEIGHTS, Ohio -- While it’s billed as a continuation of the Townhomes of Van Aken project, the new ownership has proposed a few substantive changes to the planned unit development.
January 05 2022CLEVELAND, Ohio — Developers have bought Ford Motor Co.’s defunct stamping plant in suburban Walton Hills, with plans to turn it into a business park in the coming years.
Cleveland City Council OKs land sale to Orlando Baking for cold-storage facility on Opportunity Corridor
November 29 2021CLEVELAND, Ohio – Cleveland City Council on Monday agreed to sell city-owned land to Orlando Baking Company to develop a cold-storage facility along the newly-opened Opportunity Corridor.
Redevelopment of historic Hough Bakeries headquarters part of Cleveland’s development goal in Glenville
October 27 2021CLEVELAND, Ohio – Changes to zoning and land use regulations that could lead to revitalization of the historic Hough Bakeries headquarters in Cleveland’s Glenville neighborhood cleared a City Council panel on Tuesday.
October 14 2021PARMA, Ohio -- Roughly a year after JCPenney closed its location at The Shoppes at Parma, Shoppers World recently announced plans to take over the 81,675-square foot building, with an opening date planned for later this year.
October 04 2021Boston, MA — (September 30, 2021) — SVN International Corp. (SVNIC), a full-service commercial real estate franchisor of the SVN® brand, expands its footprint in Northeast Ohio with the grand opening of its new Cleveland-based office. Jerry ...
September 30 2021Akron, OH (Sept. 30, 2021) — Today, SVN Summit Commercial Real Estate Advisors officially expands its footprint in Northeast Ohio with the grand opening of its new Cleveland-based office.
September 15 2021Bedrock, the Detroit-based owner of the Tower City mall and a sweep of riverfront land behind it, has a 30-year vision for remaking that waterfront with offices, homes, retail and parks.
September 05 2021Indianapolis-based Scannell Properties is continuing its quick pace building, leasing and even selling huge warehouse properties in Northeast Ohio.
September 02 2021Shore Center Plaza in Euclid is the latest in a nearly $67 million summer buying spree in Northeast Ohio by First National Realty Partners, a private equity real estate firm based in Red Bank, New Jersey.
August 30 2021A $550 million real estate deal in Puerto Rico is a reunion of sorts for developer Scott Wolstein, who once again will oversee properties he first purchased more than 15 years ago.
August 26 2021CLEVELAND, Ohio – As John Lane sees it, the staffing challenge is not endemic to just the restaurant industry. It affects all blue-collar businesses. But that knowledge, as true as it is, isn’t easing his pain of having to close the Gateway ...
August 26 2021PARMA, Ohio -- Little Birdie Wine Nest owner Robin Keenan has received the green light from Parma’s Planning Commission to officially spread her wings and start building a bigger nest further down Broadview Road.
August 03 2021The 138,881-square-foot property is at 91% capacity, with tenants that include Whole Foods, CVS Pharmacy, Dollar Tree, and Goodwill.
July 30 2021CLEVELAND, Ohio — Sherwin-Williams’ plans to centralize its research and development operations in suburban Brecksville involve a large building that spreads out like fingers on a hand, with plenty of room for employees to interact, according...
May 24 2021Named for the Iroquois word for "great river," the state of Ohio is experiencing an economic boom.
May 19 2021A Strongsville firm has proposed a 32-acre townhome-retail development at the southeast corner of Ohio 82 and Prospect Road.
May 19 2021After obtaining 35% of all Ohio Opportunity Zone tax credits awarded to our Clients, our firm is representing several recipients of Ohio Opportunity Zone Tax Credits who are looking to sell those tax credits for a percentage of face value.
Owner of shuttered Kmart in Cleveland’s West Park neighborhood plan redevelopment to include grocery store, coffee shop
April 12 2021The owner of the site of a former Kmart store in Cleveland’s West Park neighborhood is planning a full overhaul of the space to accommodate national retailers who want to open new locations.
March 05 2021The Beachwood Inn has closed, and the property has been purchased by a group headed by local real estate developer Randy Kertesz.
February 23 2021Macy’s Corporate Service LLC has been awarded Ohio Job Creation Tax Credits for a proposal to create 417 jobs at its distribution center in Mahoning County’s Jackson Township.
January 22 2021Hotel occupancy throughout the U.S. plunged in 2020 due to the coronavirus pandemic. Downtown Cleveland hotels, including the Kimpton Schofield Hotel, had an average occupancy rate of just 31%.
January 22 2021A new development project will bring 39 loft-style apartments and retail storefronts to Medina’s historic downtown, with construction set to begin this summer.
January 06 2021Saucy Brew Works is continuing its expansion and has set the wheels in motion to build on property adjacent to Topgolf in Independence.
September 29 2020Two Northeast Ohio malls, Great Northern in North Olmsted and Belden Village in the Canton area, could get new management and possibly new ownership under a debt restructuring partnership by a West Coast retail property manager and an East Coast...
September 21 2020Among the countless challenges presented to companies by the coronavirus pandemic is how to reassess office layouts. Employees returning to work may be welcomed by sanitization stations, seating prioritizing safe physical distance and Plexiglas...
Cleveland companies listing space for sublease gives window on how coronavirus may change office life
August 06 2020CLEVELAND, Ohio — A Cleveland real estate firm said the amount of office space companies are marketing jumped in the second quarter, during the same time many companies told employees to work from home to prevent the spread of the coronavirus...
March 01 2020As the dust settles, data shows that the Northeast Ohio economy continued to expand at a modest pace in 2019. The growth resulted from continuing strength in a few key sectors and waning drags from manufacturing and freight. Construction and...
January 17 2020The last remaining retail anchor store at Chapel Hill Mall in Akron will close this spring. A spokeswoman for J.C. Penney confirmed Thursday afternoon that the location will shut its doors for the last time in three months.
December 16 2019The Hilton Garden Inn Downtown Cleveland, 1100 Carnegie Ave., was acquired by MCR, a fast-growing hotel company based in Dallas and New York City, becoming the company's 86th hotel, according to a news release issued Monday, Dec. 16.
December 01 2019In the basement of a three-story building on Murray Hill Road in Cleveland's Little Italy neighborhood, you'll find the home base of a real estate group that's starting to shape Cleveland's future.
November 19 2019Industrial Commercial Properties buys Garfield Heights Kmart for $1.4 million
October 21 2019The Holiday Inn Cleveland Mayfield, 780 Beta Drive, has been acquired by an affiliate of Spark Hotels of Solon, which plans to undertake a substantial interior and exterior updating of the 108-room hotel with an attached conference center.
October 21 2019Picking up the mantle for building for-sale condominiums in downtown Cleveland where a prior effort failed, the Geis Cos. of Streetsboro, through St. Clair 12 LLC, paid $15.45 million on Friday, Oct. 4, for the 10-story Avenue Tower and associated...
September 19 2019CLEVELAND, Ohio – On one side of the glass window, a stylish common area and kitchen are flooded with natural light. On the other, Public Square is visible through a large “M” emblazoned on the window. The logo is a relic of the May Co. department...
July 09 2019CLEVELAND — Michigan-based Beaumont Health is acquiring Akron’s largest employer, Summa Health, in a deal that will allow for growth and expansion in both Michigan and Ohio, according to a news release issued by both organizations.
June 20 2019The biggest office sale in Cleveland in the first quarter of the year came relatively late: Oaktree Capital Management’s $51.5 million purchase of PNC’s operations at 4100 W. 150th St. But while that transaction grabbed most of the headlines...
June 09 2019INDEPENDENCE, Ohio -- The city’s Planning Commission recently rejected a proposal for a change in zoning and eventual renovation of what was once America’s Best Value Inn & Suites on Brecksville Road. The former hotel has been vacant for at...
June 02 2019CLEVELAND, Ohio – Some of the hottest urban neighborhoods in Cleveland and similar areas across Northeast Ohio are sick of being revitalized.
April 26 2019CLEVELAND, Ohio – Planners are now firmly in favor of re-routing Shaker Boulevard traffic around Shaker Square so its central green space can be enlarged.
April 25 2019PEPPER PIKE, Ohio -- City Council heard Wednesday (April 24) from representatives of Axiom Development, the group seeking to redevelop the 65-acre, scenic Beech Brook property, which was closed two years ago after having served young people ...
April 16 2019LAKEWOOD, Ohio -- GTI (Green Thumb Industries) Ohio LLC plans on opening two medical marijuana dispensaries in Lakewood. The Chicago-based company has proposed construction of two RISE stores on undeveloped lots at 11818 Madison Avenue and 18607...
Opportunity CLE must follow through to promote socially beneficial investments in 64 local opportunity zones: editorial
March 29 2019Opportunity CLE has grouped Cuyahoga County's 64 Opportunity Zones into 11 districts it will market to investors. (Opportunity CLE) A trickle of investor interest in “opportunity zones” created by federal tax-cut legislation in 2017 may explode...
March 25 2019CLEVELAND, Ohio - Family-owned Meijer is opening three stores in Northeast Ohio this spring and officials say it’s not your average grocery and merchandise supercenter.
March 24 2019CLEVELAND, Ohio – The Cleveland Clinic plans to build a new hospital in Mentor, expanding its presence in Lake County and adding another actor to a crowded healthcare scene there.
February 26 2019CLEVELAND, Ohio -- Remember the slew of Tim Hortons coffee and donut shops that were supposed to open in Northeast Ohio?
February 19 2019CLEVELAND, Ohio – The Hawken School is taking over the former Montessori high school in University Circle and turning it into a new private high school with a model that’s growing in popularity nationally – teaching classes through student projects...
February 12 2019CLEVELAND, Ohio – Local business leaders, operating within a non-profit corporation, want to lease a mostly idle wing of West Side Market’s produce arcade and turn the city-owned property into a showcase for local goods and foods. Advertising...
Cleveland developer, denied by voters in May, proposes another senior living campus in North Royalton
January 29 2019NORTH ROYALTON, Ohio -- A Cleveland developer -- whose plan to build a senior-living campus at West Sprague and State roads was rejected by voters in May -- has returned with another senior-living proposal at York Road and West Sprague.
January 29 2019STRONGSVILLE, Ohio -- Nine Strongsville families and a Strongsville business owner, in emails to City Council members last summer and fall, expressed support for a proposed Circle K gas station/convenience mart at the southwest corner of Ohio...
January 22 2019BRECKSVILLE, Ohio -- The city might work with a developer to convert the 105-year-old Central Elementary School, on Ohio 82 just west of Brecksville Road, into condominiums or some other type of housing. Other options include condos or apartments...
January 15 2019NORTH OLMSTED, Ohio – The first Burntwood Tavern to be built from the ground up is planned adjacent to the Aloft Cleveland Airport.
Investors buy 6-acre block at downtown Cleveland’s eastern edge for development, possible corporate HQ
January 12 2019CLEVELAND, Ohio – The recent sale of a city block at the eastern edge of downtown Cleveland points to large-scale development plans in the Superior Arts District, where longtime manufacturing buildings could become a corporate headquarters supporting...