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Kent State receives $5 million gift for College of Architecture and Environmental Design
The gift -- the largest ever to the college -- from an alumnus and his wife will create design studios at a new building planned for the architecture school.
June 17, 2013, 12:02 pm
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Fogg closes in on new building at Euclid's Blue Stone Business Park
The first harvest may be in sight for the long-planted new business park across from Euclid's mall.
June 17, 2013, 11:00 am
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Former DDR exec is buying big
A former executive with DDR Corp., the Beachwood-based real estate investment trust that specializes in shopping centers, is building a small shopping center empire of his own.
June 16, 2013, 4:30 am
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Aloft brings trendy view to Flats
In the 1980s, when Cleveland's Flats began its brief run as Northeast Ohio's nightclub and restaurant hotspot, pastel colors that brought to mind Miami Beach predominated.
June 16, 2013, 4:30 am
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Cleveland Convention Center opens with ribbon-cutting ceremony
Cuyahoga County Executive Ed FitzGerald called the event 'the latest symbol of our region's renewal.'
June 14, 2013, 11:26 am
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Cutler Real Estate joins Luxury Portfolio International
The luxury property network has more than 200 affiliate companies and specializes in listings of more than $1 million.
June 14, 2013, 10:50 am
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GPD Group in Akron acquires W.E. Stilson Consulting
Stilson specializes in roadway engineering, traffic engineering, water and wastewater engineering and construction inspection.
June 10, 2013, 12:47 pm
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Equity is gaining ground in property purchases
When real estate broker and property investor Brad Kowit presented the idea of buying the 15-story Lakewood Center North office building to his stable of investors, the question of seeking a bank loan for the deal did not even come up.
June 10, 2013, 4:30 am
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Sears showroom will give new, 'upscale' approach
Look for another iteration of the venerable Sears name and a different retail strategy associated with it this fall in Northeast Ohio.
June 10, 2013, 4:30 am
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Cleveland, county lay out $360 million development 'dream' for downtown
Cuyahoga County Executive Ed FitzGerald and Cleveland Mayor Frank Jackson talk of significant investments, including a convention center hotel, that would connect the lakefront to the heart of downtown.
June 5, 2013, 5:00 am
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Forest City Enterprises enters joint venture pact with Australia's QIC
The two companies have agreed to form joint ventures to recapitalize and invest in a portfolio of eight of Forest City's regional retail malls.
June 4, 2013, 8:00 am
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Associated Estates Realty plans two California apartment projects
It also has announced plans to sell about 6.5 million shares of its common stock.
May 29, 2013, 5:00 am
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Cuyahoga Land Bank completes use of $41 million in federal stimulus money
Those dollars, awarded in 2010, have helped stabilize various Cleveland-area neighborhoods.
May 28, 2013, 11:42 am
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Building Enclosure Council Cleveland to host national meeting next May
The event will be in conjunction with a full-day symposium on the latest advancements in building enclosures and will be hosted jointly with architects group AIA Cleveland.
May 28, 2013, 11:58 am
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Duke Realty looking to speed its exit from Cleveland, Cincy
In a bit of role reversal, Duke Realty Corp. is offering the cherries from its Northeast Ohio portfolio in the company's latest effort to sell its way out of the region.
May 27, 2013, 4:30 am
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Dan Gilbert insists Horseshoe Casino Cleveland's Phase II will be built
'People are saying you're not going to build Phase II,' the casino co-owner said at the annual meeting of Positively Cleveland. 'That's nonsense.'
May 22, 2013, 2:40 pm
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Home sales in Northeast Ohio, statewide continue winning streak in April
The latest figures show 22 straight months of year-over-year improvement.
May 22, 2013, 10:23 am
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Former DDR Corp. exec to assist in Parmatown Mall makeover
Mall owner Phillips Edison Co. of Cincinnati plans to transform the big property into 'The Shoppes of Parma.'
May 22, 2013, 4:45 am
» Parmatown Mall buyer secures credit line with KeyBank
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Akron's East End development to sport Hilton Garden Inn
Construction should begin this summer on the hotel on part of the site of the former Goodyear world headquarters.
May 20, 2013, 3:03 pm
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St. Clair is bringing creative types home -- permanently
Rebuilding a Cleveland neighborhood is tricky. Redevelopers and community visionaries never start with a clean slate, as they must work with infrastructure from earlier generation.
May 20, 2013, 4:30 am
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Stern Advertising to move to Ernst & Young Tower
The ad shop is heading to downtown Cleveland from Pepper Pike.
May 17, 2013, 1:38 pm
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Forest City Enterprises, AIG team up for Dallas apartment project
The two companies will share ownership of the complex, which includes a 21-story tower.
May 17, 2013, 8:08 am
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DDR Corp. keeps piecing together financing for its big deal with Blackstone
The shopping center owner is readying a sale of $300 million in notes.
May 17, 2013, 8:37 am
» DDR Corp. strikes $1.46 billion deal with Blackstone
» DDR Corp. strikes $1.46 billion deal with Blackstone
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DDR Corp. strikes $1.46 billion deal with Blackstone
To accomplish the big-ticket transaction involving 30 shopping centers, DDR plans a large offering of its common stock.
May 16, 2013, 8:28 am
» DDR Corp. sets note issue to fund its big deal with Blackstone
» DDR Corp. keeps piecing together financing for its big deal with Blackstone
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Photo gallery: The changing face of Kent State and the city it calls home
Tens of millions of dollars have been spent on projects on and off campus.
May 15, 2013, 8:41 am
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Cuyahoga County plans to aid Flats East Bank's second phase
The county council also will consider legislation to assist other projects in downtown Cleveland.
May 13, 2013, 12:09 pm
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Homebuilders rebuild from the ground up
As homebuilding starts to ramp back up after the long downturn, some former builders are “starting to leak back into the business,” as one observer put it, while others are plying a variety of other pursuits to earn a living.
May 13, 2013, 4:30 am
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Willoughby real estate company files for bankruptcy
In its April 30 filing, The Viviani Family Limited Partnership estimates it owes $13.9 million to 50 to 99 creditors and has assets totaling $9.
May 13, 2013, 4:30 am
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Construction of big student apartment complex at University of Akron begins
Cleveland's NRP Group kicks off work on 'The Depot' in Akron's downtown.
May 9, 2013, 11:28 am
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Ernst & Young Tower is raising the bar
With construction crews this month finishing Ernst & Young Tower, the first new multitenant office building in downtown Cleveland in two decades, the minds of real estate experts are turning to when the next one might start and how big it might be.
May 6, 2013, 4:30 am
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Old Detroit is the domain of Spielberger
After five years of gazing at them through the windows of his storefront office in Rocky River, John D. Spielberger recently shelled out $1.1 million — in cash — for three buildings on the north side of Old Detroit Road.
May 6, 2013, 4:30 am
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'Passive building' approach should be cool for Near West
Near West Theatre's planned $6.8 million home -- set to begin construction this summer -- boasts a super-insulated “passive building” design that will keep the audience comfortable while curtailing energy consumption.
May 6, 2013, 4:30 am
» Letter to the editor: May 20, 2013
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Cambria Suites finds a new home in Avon
Two local real estate development firms have joined forces to undertake something new, building a Cambria Suites business-oriented hotel in Avon on Detroit Road near state Route 83.
May 6, 2013, 4:30 am
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Austin Co. wins work on new Airbus manufacturing center in Alabama
The Cleveland design, engineering and construction firm will get a piece of a $600 million project.
April 30, 2013, 3:37 pm
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Retail occupancy in downtown Cleveland begins to pick up
And apartment occupancy remains sky-high despite more units coming onto the market.
April 25, 2013, 11:34 am
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Compass Self Storage buys another property in the Atlanta market
Compass is a part of the Amsdell family of real estate companies.
April 25, 2013, 8:49 am
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Home sales in NE Ohio, statewide rose in March from year ago
Sales last month recorded their 21st straight month of year-over-year gains.
April 22, 2013, 11:03 am
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Forest City Enterprises takes another step to reduce its debt
The real estate giant will exchange senior notes for shares of its Class A stock.
April 17, 2013, 8:42 am
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CT Consultants merges with Fairlawn's EG&G Inc.
The civil engineering firm in Mentor said the combination allow it to expand geographically and into related services.
April 16, 2013, 12:18 pm
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Cleveland schools eye downtown building for district's new HQ
The front-runner is an office tower recently vacated by a local corporate giant.
April 12, 2013, 3:39 pm
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Flats East Bank developers add seven new retail tenants
Depending on financing, the groundbreaking for the project's second phase could begin in the next few months.
April 10, 2013, 1:29 pm
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Idea raised for large mixed-use development in Orange Village
The development would be near Chagrin Highlands corporate center.
April 9, 2013, 1:34 pm
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THE INSIDER
Reporters' Notebook: April 8, 2013
Behind the news with Crain's Cleveland Business reporters.
April 8, 2013, 4:30 am
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Aurora man accused of elaborate construction fraud scheme
Facing federal charges is Robert J. Berryhill, a former executive with Carnegie Management and Development Corp.
April 3, 2013, 1:19 pm
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DDR Corp. acquires retail space in Dallas, Oakland during first quarter
The real estate investment trust also sold nearly two dozen assets during the quarter.
April 2, 2013, 8:31 am
» DDR Corp. sees mixed fourth-quarter results
» DDR Corp. closes $1.2 billion debt refinancing
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BACK TO TOP
REAL ESTATE GUEST BLOG -- PAUL ETZLER
New practices, profitability are making green building mainstream
'Green' is clearly now mainstream, actionable and profitable.
June 17, 2013, 8:30 am
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REAL ESTATE GUEST BLOG -- NICK R. CATANZARITE
Finding balance: Retail leasing from the tenant perspective
Real estate ads often note it's a 'triple net' or 'NNN' lease. Surprisingly, that esoteric term denotes the easiest retail lease to understand.
May 13, 2013, 4:30 am
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REAL ESTATE GUEST BLOG -- HEIDI GOROVITZ ROBERTSON
Ohio's laws allow drillers access to land, even over landowner objections in some cases
Most people think of property rights as allowing landowners to do as they see fit with their property, within certain limits -- but these laws don't always protect the ability of landowners to...
May 6, 2013, 4:30 am
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REAL ESTATE GUEST BLOG: NAIOP OHIO
Loading sales tax onto commercial rents will harm Ohio's growth
NAIOP Ohio is a statewide group formed by local chapters of NAIOP.
April 1, 2013, 9:21 am
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BACK TO TOP
THE COLUMBUS DISPATCH
Tax break for enterprise zones endures despite criticism
The state of Ohio created enterprise zones 30 years ago to help distressed areas attract business investment by offering property-tax exemptions and they remain a fixture in expansion plans by...
4:30 am June 17, 2013
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THE NEW YORK TIMES
Home loans for Millennials
A study by the Urban Land Institute reports that 70% of the 18- to 34-year-old set see themselves buying a home in the next five years, but where they buy may be different from where the baby boomers...
9:21 am June 17, 2013
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THE WALL STREET JOURNAL
Tall towers lure property investors
Office skyscrapers in New York City are commanding stellar prices once again.
11:54 am June 16, 2013
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WASHINGTON BUSINESS JOURNAL
Jones Lang LaSalle launches luxury residential division
Northeast Ohioans know Chicago-based Jones Lang LaSalle as a commercial real estate brokerage. However, it has launched a residential brokerage in the Washington, D.C., area.
10:48 am June 10, 2013
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BLOOMBERG
Fidelity National to buy LPS in $2.9 billion deal
The nation's largest title insurer, Fidelity National Financial Inc., decided the mortgage-handling abilities of Lender Processing Services Inc.
10:29 am June 10, 2013
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THE (LAKE COUNTY) NEWS-HERALD
Neighbors fret over what's next for former Geauga Lake Amusement Park property
The property owned by Sandusky-based Cedar Fair Entertainment Co.
4:30 am June 10, 2013
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COLUMBUS BUSINESS FIRST
Sbarro, a staple at mall food courts, plans to enter the fast-casual dining segment
Sbarro LLC has named its new fast-casual chain Pizza Cucinova -- and already has two Columbus eateries in the works.
4:30 am June 10, 2013
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THE WALL STREET JOURNAL
In real estate, looks can sell
Attractive agents both list and sell homes for more money than average-looking agents, say researchers studying the effect of beauty on sales.
4:30 am June 3, 2013
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THE (LAKE COUNTY) NEWS-HERALD
Lake County Port Authority inches toward gaining control of Lost Nation Airport
The Lake County Port Authority continues to move closer in the process to potentially assume ownership of Lost Nation Airport.
4:30 am June 3, 2013
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COLUMBUS BUSINESS FIRST
Columbus-based Glimcher sponsors survey supporting bricks and mortar selling
Sometimes nothing beats being there. Such is the case for shoppers who wanted to try on clothes or get out, according to a C&T Marketing Group survey performed for Glimcher Realty Trust.
4:30 am June 3, 2013
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REUTERS.COM
Beware the flashy new corporate headquarters jinx
Showy headquarters are rites of passage for fast-growing, wealthy tech companies. But when things go sour, as they sometimes do in business, they can become monuments to misfortune.
4:30 am June 3, 2013
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THE (LAKE COUNTY) NEWS-HERALD
Willoughby businesses still cultivating DiVine District
Jackie Bertolette is starting Willoughby's DiVine District, an association of Vine Street business owners looking to revitalize the area between Erie and Skiff Streets The group did not look far for...
4:30 am May 20, 2013
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THE BUSINESS COURIER OF CINCINNATI
Convergys selling its downtown headquarters building
Things have not worked out as planned when the utility bought a 20-story building downtown and wound up occupying only seven floors of it.
4:30 am May 20, 2013
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THE PLAIN DEALER
Forest City explores 'strategic options' for Tower City shopping area, two office buildings
Seeing the Cleveland-based mega developer hire Savills to explore 'strategic options' for three of its Tower City properties is unsettling but not unpredictable.
4:30 am May 20, 2013
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WESTCHESTER COUNTY BUSINESS JOURNAL
New York mall redo came from Beachwood designer's drawing boards
Dorsky + Yue International LLC, a Beachwood-based architecture firm, designed the open-air redo of a mall for Simon Property Group that will open soon. Call it another sign of retail's resurgence.
4:30 am May 20, 2013
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THE (YOUNGSTOWN) VINDICATOR
Struthers looks to relics of its past to find a future
Officials are hoping a state grant will reinvigorate the city's downtown area.
4:30 am May 20, 2013
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REUTERS.COM
Housing improvement may herald return of U.S. work force mobility
The resurgence in home sales is helping the economy in another way: Employers benefit as homeowners regain the ability to move to gain a promotion or find work.
9:20 am May 13, 2013
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THE AKRON BEACON JOURNAL
Contract crucial to Stark Enterprises is before Cuyahoga Falls City Council
If council approves the deal with developer Stark Enterprises of Cleveland, the Portage Crossing project in Summit County's second-largest city may break ground in the fall.
4:30 am May 13, 2013
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LAKEWOODPATCH
Dispute over land trust roils the Clifton Club in Lakewood
For followers of real estate, ins and outs of a dispute over a land trust in Lakewood may provide some insight into a little-known property provision.
9:43 am May 13, 2013
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THE WALL STREET JOURNAL
Developer has a vision for repurposing Goodyear's former home in Akron
As Goodyear turned on the lights at its new headquarters, the spotlight also returns to Stuart Lichter's plans for the old headquarters. Hotel rooms, housing and lots of office space are in the plan.
9:32 am May 13, 2013
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THE COLUMBUS DISPATCH
Midcentury makeover: '50s ranch house transformed
With a crew of remodelers, designers and art consultants, an Ohio State University marketing professor dolled up a humdrum Dublin, Ohio, house.
4:30 am May 13, 2013
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CRAIN'S NEW YORK BUSINESS
Green facelift eyed for white-elephant buildings
Northeast Ohio has a plethora of old brick buildings that might benefit from a new product a New York City landlord is trying. However, it needs to be used judiciously.
4:30 am May 6, 2013
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THE (LORAIN) MORNING JOURNAL
Great Northern Mall expansion will give area a new look
By the end of this year, things are going to look quite different at Westfield Great Northern.
4:30 am May 6, 2013
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THE (TOLEDO) BLADE
Home Depot may build 1.6 million-square-foot warehouse near Toledo
The home improvement retailing chain has been working with the Wood County Economic Development Commission on the project for a 157-acre site in Troy Township.
4:30 am May 6, 2013
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WESTLAKE.PATCH.COM
As planner Bob Parry retires, he does a Letterman-style top 10 list of Westlake projects
Bob Parry has helped guide much of Westlake's physical development as its planning and community development director while the suburb went through a growth spurt.
4:30 am May 6, 2013
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BLOOMBERG.COM
First builder to go public since 2004 is altering its land strategy
Here's a switch: The president of a newly public home builder says price hikes have it buying land in outlying areas of California cities.
4:30 am April 29, 2013
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THE (CINCINNATI) ENQUIRER
Steiner + Associates revises design of $300M center in Cincinnati
Yaromir Steiner, best known as the developer of Easton in Columbus, hopes the new plan is not a deal breaker for public assistance to develop the site near Interstate 75.
4:30 am April 29, 2013
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LAKEWOODPATCH.COM
Townhouse plan draws protests from its neighbors in Clifton Park
As the developer of Clifton Pointe seeks Lakewood city approvals for a second phase, neighboring residents say they dislike its density and oppose a rezoning and city aid for it.
4:30 am April 29, 2013
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THE WALL STREET JOURNAL
CoreLogic buys home price competitor Case-Shiller
The real estate information company that houses a huge national title unit paid $6 million for the much watched media darling, the Case-Shiller index of home prices.
4:30 am April 29, 2013
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NATIONAL REAL ESTATE INVESTOR
Phillips Edison buys Hartville shopping center
The Cincinnati-based shopping center owner that last year bought Parmatown Mall in Parma has added another Northeast Ohio grocery-anchored property to its holdings.
4:30 am April 29, 2013
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THE PLAIN DEALER
Count out KeyCorp as a potential anchor for a new downtown office building
The bank has renewed its lease at Ohio's tallest skyscraper. It's also trimming its floor space in the building by 30%, which may yield a plum leasing opportunity in downtown Cleveland.
8:13 am April 22, 2013
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THE NEW YORK TIMES
Before the housing bubble, there was land fever
Real estate has had its versions of tulip fever, the proverbial financial bust over investing in tulip bulbs. Robert J.
8:58 am April 22, 2013
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THE (TROY) BUSINESS REVIEW
Troy officials like waterfront design but worry about availability of financing
The Hudson River flows through Troy, New York, and a real estate developer plans multiple buildings near where the river runs through it.
8:49 am April 22, 2013
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THE (LAKE COUNTY) NEWS-HERALD
New Lake port director Mark Rantala is well known in regional brokerage circles
Mark Rantala's odyssey after exiting retail realty brokerage allows him to reach a goal to join the economic development side of deal-making.
4:30 am April 15, 2013
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COLUMBUS BUSINESS FIRST
That's a lot of sausage: Bob Evans Farms Inc. rings up $5.3 million shedding its Columbus complex
The buyer's name is New Mill Capital, but the principals behind it are familiar to Ohioans.
4:30 am April 15, 2013
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SEEKINGALPHA.COM
Blogger takes long view to judge housing's condition
Blogger Hale Stewart, a Houston tax attorney, analyzes long-term housing graphs to find virtue in the upturn's slow pace.
4:30 am April 15, 2013
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THE WALL STREET JOURNAL
Home price gains may be overstated
Enjoy the rebound in housing prices from the depths of the last few years. However, curb your enthusiasm about percentage estimates, because the severity of the downturn may skew statistics.
4:30 am April 15, 2013
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REJOURNALS.COM
Duke Realty executive joins CBRE in southwest Ohio
For the Indianapolis-based company, Marc Krohn managed a portfolio of almost 7 million square feet. He has joined CBRE Group Inc.'s Cincinnati office as director of asset services.
8:50 am April 8, 2013
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THE DAYTON DAILY NEWS
Homebuilders face future shortage of 'quality' lots
Ready-to-build land is the next big challenge facing Dayton homebuilders.
8:36 am April 8, 2013
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CANTONREP.COM
Plan to recast old plant as mixed-use project gets city aid
A developer is seeking financing to convert an industrial building to apartments at the old Hercules Engine Plant site near downtown Canton.
4:30 am April 8, 2013
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THE AKRON BEACON JOURNAL
University Park Alliance director resigns
After energizing the Akron development nonprofit, Eric Anthony Johnson, a former Cleveland-Cuyahoga County Port Authority exec, will exit his current post to care for his ailing mother.
4:30 am April 8, 2013
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THE PLAIN DEALER
Realty developer, financier, philanthropist Carl D. Glickman died March 28
Property developments and investments played a role in the late Carl Glickman's diverse business career. He started out constructing strip shopping centers.
4:30 am April 1, 2013
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TRIBLIVE.COM
As housing withered, smart moves kept Howard Hanna growing
Going to 144 offices today from one in 1957 was quite a journey for the family-run company. Thirteen family members are on the payroll, but the clan's culture is that they must earn their keep.
4:30 am April 1, 2013
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COLUMBUS BUSINESS FIRST
Partner buys out stake in Duke buildings in Dublin, Easton
Indianapolis-based Duke Realty still seeks the brass ring to exit the Cleveland area by selling its buildings in the Rockside office market.
4:30 am April 1, 2013
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THE DAYTON DAILY NEWS
Company plans to ring up a move to the former NCR Corp. headquarters
Midmark Corp. is preparing to move its corporate office and 51 jobs to the former NCR Corp. headquarters building as part of a proposed deal with the city of Dayton.
4:30 am April 1, 2013
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