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Progressive Insurance puts offices up for sale

Although the global insurance provider cautioned that this day was coming, it doesn’t make its arrival any easier. Mayfield Village-based Progressive Insurance has announced that it will offer for sale millions of square feet of office space here in Greater Cleveland and around the country. This comes at…
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Rocky River apartments to open May 1

In recent years, Cleveland-based Krueger Group has been busily adding new apartments in Cleveland’s hottest neighborhoods in the urban core. But on May 1, they and partner RHM Real Estate Group of Lyndhurst are due to open ORRIS, 22655 Center Ridge Rd., the first new apartment building in…
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Renovated Odeon in Flats to reopen this year

With a new owner, a new venue manager and some freshening up planned in the coming months, The Odeon Concert Club, 1295 Old River Rd. on the East Bank of Cleveland’s Flats, is due to begin hosting new live performances again, perhaps as soon as this summer.
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Park Place Tech seals HQ deal

After a year-long search for a new headquarters, Park Place Technologies has closed on its deal to acquire Progressive Direct Insurance’s Alpha Campus in Highland Heights. Consummation of the purchase agreement sets the stage for renovating the multi-building campus and ultimately relocating to it 500 headquarters employees from…
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Phase 2 awaits: Innovation Square, Fairfax Market

Two mixed-market-rate apartment developments that just opened along East 105th Street in Cleveland’s Fairfax neighborhood have phase-two projects proposed. But construction on the pair of follow-on projects may not occur for a year or more as lending remains tight and leasing activity has been uneven. But things could…
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