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

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

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

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

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

The industrial real estate market is currently thriving and stands as one of the most robust sectors within the commercial real estate industry. “There is widespread demand and historically low vacancy across the country,” says Maureen Anter-Ressler, a Senior Associate at Cushman & Wakefield | CRESCO Real Estate. “And because of those two factors, both the ..read more

At Cushman & Wakefield | CRESCO Real Estate, we strongly believe in practicing what we preach. That’s why opening a downtown office is a natural progression for us. Our new office in the renowned Halle Building on Euclid Avenue offers 5,000 square feet of prime, high-profile space, opening June 15th, 2023 The decision to choose ..read more

The Northeast Ohio industrial real estate market continues to tighten, with the vacancy rate at a historically low 3 percent. For tenants on a lease that need to stay in their current building or need to move because their requirements have changed, these conditions leave very few alternatives. “As recent as five years ago, when ..read more

The office of the past, if you go back far enough, was fraught with inefficiency. Information had to be chiseled on stone tablets and awkwardly carried from place to place. Asking for revisions was a big hairy deal. “Hey, it’s not like this is all carved in stone!” was not a thing you could say. But by the ..read more

It’s well documented by now that the Northeast Ohio warehouse market is hot, and the perfect space is becoming increasingly difficult to find. We sat down with George Pofok, CCIM, SIOR, a principal at Cushman & Wakefield | CRESCO Real Estate, to dive into the market and explain the nuances of bulk distribution and warehouse ..read more