Category Archives: Cleveland commercial real estate

Smart mall owners? They rely on technology to make their centers strong

by Dan Rafter When analysts list the reasons why shopping malls are struggling, they inevitably point to technology. This makes sense: Tech and online shopping have certainly reshaped the shopping habits of the U.S. consumer. For many, the rise of … Continue reading

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Apartment rents starting to dip a bit in Midwest cities

by Dan Rafter Apartment rents might seem sky-high in cities like Chicago, New York City and San Francisco. But there are actually some cities — two significant ones in the Midwest — in which monthly apartments rents are actually falling. … Continue reading

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Cleveland’s downtown transforms through redevelopment, tax credit program

by Sara Freund The very first electronic traffic light flickered on in 1914 on Cleveland’s busy Euclid Avenue. It signaled a bustling, leading city—but somewhere in the following decades the buildings on that street fell into disrepair, leaving vacant, largely obsolete, product. But in 2006, that started to change. That’s … Continue reading

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A strong retail market in store this year for most Midwest markets

by Dan Rafter Retailers across the country certainly face challenges today. But in the majority of major Midwest cities, the retail sector is actually seeing lower vacancies and higher rents. Credit the rise of specialty retailers, discount stores, fast-casual restaurants … Continue reading

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How the tax code rewards you for helping others

by Valerie Grunduski and Laurice Szydlowski Plante Moran Philanthropic taxpayers donate to charitable causes for a variety of reasons, from helping out their local communities, to supporting research into curing certain diseases, to providing aid to groups of people facing … Continue reading

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Marcus & Millichap: Cleveland’s multifamily market poised for busy 2017

by Dan Rafter The news is simple: People want to live in downtown Cleveland and in the urban neighborhoods surrounding the city’s center. And that means that demand for multifamily properties in the city remains high. That’s the takeaway from … Continue reading

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ABODO study: Apartment rents falling across the Midwest since start of year

by Dan Rafter Apartment rents have taken a dip in two of Ohio’s largest cities this February, according to the latest national apartment report from ABODO. ABODO, an apartment-search Web site, reported that the median rent for one-bedroom apartment units … Continue reading

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