Several major downtown Cleveland tenants are in the market for new homes and where they land could shake up the office market in the central business district. The moves come at a time when many companies are shrinking their office footprints and downtown office building owners are fighting to keep what tenants they have. Interestingly, several major tenants that are on the move are looking for larger space than what they have now.
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Law firm Benesch will relocate to Key Tower which will see new amenities, including possibly a 52nd-floor restaurant.
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There appear to be seven applicant real estate projects across the state that may apply for funding from a new state intended to support megaprojects. But one notable project may sit out this application round.
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Law firm Benesch, Friedlander, Coplan & Aronoff LLP may expand into Key Tower rather than relocate to nuCLEus, dealing a major blow to the long-planned downtown Cleveland development.
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