Tag Archives: Cleveland Commercial Real Estate News

Ohio Commercial Real Estate News Brief: February 2018

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In the latest edition of our monthly news brief, JLL’s regional team curates the top commercial real estate industry articles impacting Ohio markets, including Cincinnati, Cleveland and Columbus.

Cincinnati Ranks as a Top Visitor Hot Spot 

Cincinnati’s Over-the-Rhine neighborhood.

Rich with music and history, Cincinnati is cracking the top 5 list of visit-worthy cities in the US. Developing neighborhoods, such as Over-the-Rhine, attract visitors with must-try food, entertainment and craft brews.

The 140th Birthday of the Cincinnati Music Hall, 20th Annual Flying Pig races and Union Terminal’s renovations are a few of the historic and artsy attractions that make Cincinnati standout as city worth visiting now and for years to come. Cincinnatians already sing the praises of their city, and now an expected rise in visitors can experience the food and fun local residents enjoy.… Read More

All Eyes on CLE: Why ‘The Land’ Is Capturing Investor Interest

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By: Andrew Batson, Director of Research, JLL

Cleveland Key Tower

Image Credit: Tim Evanson

Cleveland has earned national media attention for its continued revival—and it’s paying off. In just the last two years alone, office investment sales in Cleveland have totaled more than $550 million. In fact, sales volumes are approaching pre-recession levels with steady improvements since 2010. So, what’s catching the eye of these investors?

The city’s office market is tightening following a boom in demand for residential space from millennials, causing many former office buildings to be redeveloped into multifamily units. Because of the influx of young professionals downtown, businesses are also picking up on the perks of being in the urban core, which has heightened confidence from both in- and out-of-state investors.… Read More

Ohio Commercial Real Estate News Brief: January 2018

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In the latest edition of our monthly news brief, JLL’s regional team curates the top commercial real estate industry articles impacting Ohio markets, including Cincinnati, Cleveland and Columbus.

Details Unveiled for Scioto Peninsula Development

Flickr Creative Commons

More details for the 21-acre mixed-use development along the Scioto Peninsula have been released. After being chosen as the site’s developer, Buckingham Companies announced plans for the following:

  • 1,700 total housing units, made up of condos and apartments
  • 800,000 square feet of office space
  • 150,000 square feet of restaurant and retail space
  • A boutique hotel with nearly 150 rooms

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Midwest Real Estate News Names Three JLL Executives to Annual CRE Hall of Fame

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By: JC Pelusi, Market Leader, Managing Director, JLL

We’re excited to announce that three JLL executives have been recognized among Midwest Real Estate News’ annual Commercial Real Estate Hall of Fame recipients! Congratulations, to Neal Warling, Executive Vice President in Ann Arbor, A.J. Magner, Managing Director in Cleveland, and Dave MacDonald, Managing Director in Detroit.

All three executives are extremely talented and hold a breadth of knowledge related to national commercial real estate, as well as within their individual markets. We caught up with each executive to reflect on their time with the company and how they’ve achieved their success.

Q & A with JLL Hall of Famer: A.J. Magner 

Magner, AJ

Courtesy of JLL

Pelusi: What do you enjoy most about working in the commercial real estate (CRE) industry?

Magner: Participating as a business partner in my clients’ businesses and leading and integrating on interdisciplinary project teams. With every project, there’s always something new to learn and overcome.

Pelusi: What is the secret to your success?

Magner: Surrounding myself with and teaming with smart, hardworking people.

Pelusi: What makes your local market stand out in the CRE industry?Read More