MMPI Inc. sees interest grow in Cleveland medical mart and convention center project
The Chicago-based developer behind the project inks more would-be tenants for the planned medical merchandise mart.
September 1, 2010, 2:07 pm
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Forest City Enterprises Inc. wins Air Force military housing work at four bases
The real estate giant will privatize military family housing at the Air Force's Southern Group bases.
August 31, 2010, 5:00 am
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Developers Diversified Realty announces new, expanded stores at Macedonia Commons
The operator of shopping centers said the property is about 97% leased.
August 31, 2010, 9:04 am
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Urban farmers, advocates cite challenges in cultivating business
Farming is a tough business.
August 30, 2010, 4:30 am
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Pulte Homes moving on Pepper Pike project
National homebuilder Pulte Homes Inc.
August 30, 2010, 4:30 am
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Developer offers a snapshot of the struggle
To keep parts of the real estate portfolio he built over the last decade, shopping center developer John McGill is drastically cutting into his lifestyle as he works through a personal bankruptcy...
August 23, 2010, 4:30 am
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Forest City Enterprises secures HUD-insured financing for Washington, D.C., project
The real estate giant said the $46 million in financing will allow it to construct its first building at The Yards, a mixed-use complex.
August 20, 2010, 2:53 pm
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Chancellor University looks to move to suburbs from Cleveland's Midtown area
A real estate broker representing the school said three Class A office buildings are on the short list of possible new homes.
August 20, 2010, 2:34 pm
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Forest City Enterprises, Rock Gaming reach pacts for Cleveland casino sites
The two agreements cover the location for a Phase One casino and for a later permanent casino next to Forest City's Tower City Center complex.
August 19, 2010, 10:53 am
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Chancellor University prepared to relinquish title to its building in Cleveland
An official with the Cleveland-Cuyahoga County Port Authority says a $2.25 million mortgage note the agency holds on the property is coming due.
August 18, 2010, 12:58 pm
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Cleveland's Penton Media Center bought by Optima International
The purchase of the office building for $46.5 million is Optima's fourth acquisition in Cleveland.
August 17, 2010, 10:23 am
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Colleges in an athletic 'arms race'
Sparkling new athletic facilities and multimillion-dollar renovations have popped up across the country, including on the campuses of several members of the Cleveland-based Mid-American Conference,...
August 16, 2010, 4:30 am
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Arcade readied for sheriff's sale
The Hyatt Regency Cleveland at the Arcade, a premier downtown landmark, stands to undergo a sheriff's foreclosure sale that will put its ownership in play just as the promise of a planned medical...
August 16, 2010, 4:30 am
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Ostendorf-Morris ends affiliation with Colliers International
The CEO of Colliers blamed the parting of the ways on a 'philosophical difference.'
August 13, 2010, 4:34 pm
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Dan Gilbert's Rock Gaming, Harrah's Entertainment agree to develop Cleveland, Cincinnati casinos
The two companies also revealed that a temporary casino in Cleveland could be in place by as early as next year in the former Higbee Building.
August 12, 2010, 12:23 pm
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Developers Diversified Realty Corp. prices $300 million note offering
The shopping center owner plans to use proceeds from the offering to pay down other debt.
August 10, 2010, 11:21 am
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Pa. investor gambles on Westlake office site
An Erie, Pa.-based real estate developer has bought the lender-owned King James 2 Office Building in Westlake and plans to convert it to use by multiple tenants.
August 9, 2010, 4:30 am
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Medical mart developers unveil architectural, landscaping plans
Cleveland officials generally liked what they saw.
August 6, 2010, 2:11 pm
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Campus District in Cleveland aims to make itself more pedestrian-friendly
The area bordered by Woodland Avenue, East 22nd Street, East 30th Street and Lakeside Avenue plans to create walkways that would connect nearby institutions.
August 3, 2010, 2:49 pm
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Cleveland, state of Ohio close $3 million loan with Flats East Bank Neighborhood developers
The loan is helping fund soft costs -- design, legal and financial work -- necessary to get the office, hotel and garage program off the ground.
August 2, 2010, 10:03 am
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REAL ESTATE
Cleveland: A hotel hotbed?
Proposals for new hotels are cropping up in downtown Cleveland and nearby University Circle at a ferocious rate.
August 2, 2010, 4:30 am
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REAL ESTATE
Contractor, architect acceptance of modeling technology grows
Building information modeling software allows designers and engineers to draft in three dimensions, essentially building it in the computer before hammers bang in the field.
August 2, 2010, 4:30 am
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REAL ESTATE
Adviser: Tenants seek more sustainable spaces
Existing commercial structures will be hard-pressed to compete if their owners don't embrace LEED -- and make it possible for prospective tenants to LEED-certify individual spaces.
August 2, 2010, 4:30 am
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REAL ESTATE
The interview: Doug Steidl
If now is the time for architectural students to be both business savvy and in tune with the latest practices in sustainability and environmental design, Kent State might just have found the right...
August 2, 2010, 4:30 am
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State of Ohio awards $3.5 million grant for MidTown Tech Park project
The grant makes a go out of a planned office-warehouse development in Cleveland previously known as Euclid Tech Center.
July 30, 2010, 2:42 pm
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Forest City Enterprises sells its stake in San Francisco property to Westfield Group
The two real estate giants had co-owned the Metreon mixed-use project since 2006.
July 30, 2010, 1:43 pm
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EARNINGS
Associated Estates Realty Corp. reports second-quarter loss vs. year-ago profit
However, the real estate investment trust said its balance sheet is 'very well-positioned' due to the sale of stock in the first half.
July 27, 2010, 8:32 am
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Penton Media Center may have buyer
Optima International LLC, the Florida realty concern that acquired the 1 million-square-foot Huntington Building two months ago, is close to snaring another downtown Cleveland office tower.
July 26, 2010, 4:30 am
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Developers Diversified Realty Corp. secures new advertising, sponsorship agreements
The Beachwood company's deals with AT&T and Coca-Cola are for properties in Puerto Rico.
July 19, 2010, 10:29 am
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Athletic club redo may get moving
Court filings signal the long-planned renovation of the former Cleveland Athletic Club Building may be starting to come together, albeit at the hands of a different investor than Eli Mann, who has...
July 19, 2010, 4:30 am
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Forest City Enterprises unit sells San Jose apartment complex for nearly $60 million
The Cleveland-based real estate giant expects to realize net proceeds of about $15 million from the transaction.
July 13, 2010, 8:51 am
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Construction work up, but contractors wary of future
Business in the region's construction industry has picked up from the desperate climate of 2009 as clients finally started projects they had put off.
July 12, 2010, 4:30 am
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Strained state of real estate hits home
Buying distressed real estate mortgages as investments, a practice long familiar in the commercial real estate market, is starting to crop up in the foreclosure-riddled residential sector.
July 12, 2010, 4:30 am
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Strongsville's MCPc prepared to move to Plain Dealer building in Cleveland
The technology company has reached a letter of intent to lease the third floor of the newspaper's headquarters on Superior Avenue downtown.
July 6, 2010, 2:56 pm
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Akron's Signet Development to build Advanced Particle Therapy proton therapy centers
The first of at least three proton therapy centers for treating cancerous tumors is slated for San Diego.
July 6, 2010, 2:26 pm
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Developers Diversified Realty Corp. names outsider as chief investment officer
The real estate investment trust that specializes in shopping centers has hired a former executive with Morgan Stanley Real Estate.
July 6, 2010, 9:51 am
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