Commercial Real Estate News

A brief summary of the most relevant and major commercial real estate news in Greater Cleveland

Canon Healthcare buys Cleveland building for HQ

Canon Healthcare USA, Inc., a subsidiary of Canon Inc., today announced its acquisition of an established building for its headquarters, adjacent to Cleveland Clinic’s main campus in Cleveland’s University Circle district. This purchase has been in the works for some time and NEOtrans had reported recent progress toward the deal earlier this month.

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Pioneer/Jaja restaurants at INTRO set repair plans

Just after 3 a.m. on Halloween 2024, an Audi crashed at high speed into a section of the INTRO complex, at 2050 Gehring Ave. in Cleveland’s Ohio City neighborhood. While the driver wasn’t seriously hurt, the damage to the structure was so severe that two restaurants, Pioneer and Jaja, affected by the crash are still closed and repairs won’t be completed until 10 months after the initial impact.

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Great Lakes Brewing IDs Scranton Peninsula project

Great Lakes Brewing Company (GLBC) officials today confirmed a report published by NEOtrans last weekend that they are pursuing development on Cleveland’s Scranton Peninsula in the Flats. The first phase of that development was described by GLBC founders Pat and Dan Conway as “a potential entertainment venture and beer garden,” in a statement they issued today.

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