CBRE Group – NEOtrans

Downtown Cleveland skyscraper sold to NY firm with big retail portfolio

According to two sources, Downtown Cleveland’s third-tallest skyscraper has sold to a New York-based company that has more than its share of cheap or faded retail properties including many in Ohio. But the parking garage for the skyscraper, 200 Public Square, was reportedly sold separately to a buyer in Chicago that owns downtown parking properties nationwide, one of the sources said.

Cuyahoga County nears a courthouse decision

Ken Prendergast / January 10, 2024

Cuyahoga County and its real estate consultant are getting closer to making a recommendation for a Consolidated Courthouse proposal in downtown Cleveland. NEOtrans has learned that one or more proposals were eliminated from further consideration in part because the timeline for delivering a new or renovated/expanded courthouse facility is apparently an overriding factor for county officials. In this era of high construction costs, the aphorism “time is money” couldn’t be more true.

Cuyahoga County nears a courthouse decision Read More »