Cleveland

By Adrian Maties, Associate Editor
Columbus-based data center company Superior Technology Partners L.L.C. plans to buy a 2.3-acre site between East 61st and East 63rd streets for a $35 million to $40 million project. The land is part of a 14-acre site.
The […]

By Adrian Maties, Associate Editor
Hundreds of new apartments may come to the Cleveland suburb of Beachwood in the near future. Two property developers have already made plans.
Apartment developer and operator Goldberg Cos. plans to redevelop a site across the street […]

By Adrian Maties, Associate Editor
The PlayhouseSquare Foundation has struck a deal to sell the Hanna Building Annex on East 14th Street for an undisclosed price to K&D Group of Willoughby. K&D plans to acquire the downtown property on April 1. […]

By Adrian Maties, Associate Editor
The Ohio School Facilities Commission and Elyria City Schools on Dec. 21 selected the Gilbane Building Co. to provide construction management services for a project that will provide modern buildings for more than 3,200 students in the […]

By Adrian Maties, Associate Editor
On Friday, Dec. 9, Rock Ohio Caesars L.L.C., the developers of Cleveland’s first casino, announced plans to expand its presence in downtown Cleveland with the purchase of the Ritz-Carlton hotel for $36.5 million. Rock Ohio Caesars […]

By Adrian Maties, Associate Editor
Skyline International Development Inc., a Canadian hotel and resort company, was the lone bidder last week for downtown Cleveland’s historic Arcade building. It will buy the landmark property for just under $7.7 million, the minimum bid […]

By Adrian Maties, Associate Editor
Vacant homes in northeast Ohio have led to a dramatic drop in regional property values. Foreclosures, irresponsible banks, investment firms and individuals who abandoned their distressed properties have all played important roles in creating a problem […]

By Adrian Maties, Associate Editor
On Monday, Nov. 14, Mayor Frank Jackson unveiled plans for a development on Cleveland’s waterfront. It covers 90 acres, stretching east from the Port of Cleveland’s cargo docks past Cleveland Browns Stadium and the East 9th […]

By Adrian Maties, Associate Editor
Cleveland State University broke ground on Nov. 9 on a $50 million mixed-use project, the city’s largest residential development in more than 30 years. Polaris Real Estate Equities and Buckingham Cos. are co-developers.
The groundbreaking ceremony was […]

By Adrian Maties, Associate Editor
BentleyForbes, a real estate investment firm based in California, has put three Ohio office buildings up for sale, all leased to Medical Mutual, Ohio’s oldest and largest health insurer. The properties are listed at $98 million […]