Healthcare market headed toward retail occupancy and branding
CRESCO Real Estate Blog
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5d ago
The world of healthcare is catching up to the practices of retailers and service providers when it comes to real estate decision-making. As physician practices compete for patients not only with their services but with their branding and accessibility, we are continuing to see a surge of medical uses in properties that were once considered ..read more
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Why Childcare Matters to the Real Estate Industry
CRESCO Real Estate Blog
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3w ago
In commercial real estate, understanding the broader economic landscape is key to making informed decisions. Recently, I came across a compelling piece that underscores the importance of supporting working parents—a group that constitutes over 90% of the U.S. workforce, according to the Bureau of Labor Statistics. This is crucial context for our industry because workforce ..read more
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Current commercial real estate market conditions narrow options for business
CRESCO Real Estate Blog
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3w ago
With a recent downturn in Cleveland business activity due to uncertainty in the economy and the upcoming presidential election, commercial real estate activity is expected to remain flat. And every market is being impacted, even those in strong industry sectors such as manufacturing, says Alex Valletto, associate, Cushman & Wakefield | CRESCO Real Estate. “Uncertainty ..read more
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Secret sauce: How social media can position you — and your business — as an expert
CRESCO Real Estate Blog
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4M ago
If you are not telling your company’s story on social media, you are missing a prime opportunity to get your message out on your terms. While sending out a brochure can target one person — with no guarantee that person will even see it, let alone respond to it — sharing your message via social ..read more
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Joe Barna Wins Lifetime Achievement Award at NAIOP
CRESCO Real Estate Blog
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5M ago
On May 8th, NAIOP Northern Ohio honored Joe Barna, co-founder of CRESCO Real Estate, with the Lifetime Achievement Award, recognizing his significant contributions to Cleveland’s Commercial Real Estate Industry. Joe is Cleveland real estate. Starting his career selling for Xerox, Joe wore down the shoe leather, prospecting the hardest way. He didn’t send emails or post on LinkedIn. He ..read more
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Lights, Camera, Transaction: How Film Production Can Bolster the Economy
CRESCO Real Estate Blog
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8M ago
Cleveland, a city celebrated for its industrial roots and a dynamic music scene, is again making a quiet name for itself in the film industry. Adding to the excitement is the buzz around Superman: Legacy, rumored to be filming in Cleveland this summer. This holds special significance as Superman, a cultural icon, was created right ..read more
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Plug in: Tight industrial market makes being connected critical for buyers, tenants
CRESCO Real Estate Blog
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9M ago
The industrial property vacancy rate in Northeast Ohio at a historically low 2.5 percent. The cost of capital as well as a lack of new inventory coming online has made for a frustrating time for those needing new property to expand their business. Though Northeast Ohio is a market that typically gets a lot of ..read more
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Why Is My Office So Cold?
CRESCO Real Estate Blog
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10M ago
Ever feel like your office is on the front lines of a never-ending thermostat war? Some like it hot, some like it cold, but getting it “just right” seems like a re-write of Goldilocks at the office. At CRESCO, we’re not just bystanders; we’re in the trenches with you, navigating the quirks of various office ..read more
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Cleveland’s Rail Revolution: A Catalyst for Urban Transformation
CRESCO Real Estate Blog
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11M ago
The potential expansion of rail service through Cleveland is a development that’s not receiving its due recognition. Recently, four Ohio rail routes were chosen for passenger service expansion, with funding allocated for construction plans. This is a pivotal moment for our city. Currently, Cleveland’s passenger rail service is lackluster, offering limited, infrequent, and inconvenient east-west travel. But ..read more
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Three Surprises from Our Office Move
CRESCO Real Estate Blog
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1y ago
After nearly 20 years in the same spot, it was time for a fresh start. The way we engage with our clients and each other has changed. We have a heavy reliance on tech, while encouraging in person interaction (we’re in the office a lot). We knew moving would be a heavy lift. Whether office ..read more
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