Interstate 271 – NEOtrans

Park Place Tech seals HQ deal

Ken Prendergast / April 15, 2024

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 neighboring Mayfield Heights. Warehouse operations in Solon will also be consolidated on the new site.

Park Place Tech seals HQ deal Read More »

Park Place Tech to buy Progressive’s Alpha campus

Ken Prendergast / November 30, 2023

Fast-growing Park Place Technologies, with nearly 500 employees in Greater Cleveland, has found a new, larger home after an extensive search that included expanding into a neighboring building or moving to downtown Cleveland. In fact, the property ultimately favored by the global data center and networking optimization firm matched the company’s requirements almost exactly. However, a title has yet to transfer to Park Place Technologies or any affiliates.

Park Place Tech to buy Progressive’s Alpha campus Read More »

Beachwood is home to apartment boom

Ken Prendergast / June 11, 2022

While one-third of all apartment demand in Greater Cleveland is downtown, Beachwood appears to be the most active suburb in the development of apartments. And that suburb’s activity was added to in a big way just this past week.

Beachwood is home to apartment boom Read More »