Postmortem on Medical Mutual’s HQ decision – NEOtrans

Postmortem on Medical Mutual’s HQ decision

Greater Cleveland real estate, economic, development and construction news

By Ken Prendergast  December 27. 2022

Move is ‘warning’ for downtown

The decision for Medical Mutual of Ohio to abandon its downtown Cleveland headquarters for suburban Brooklyn was apparently less of a strategic move and more of a matter of which city’s public incentives got used first. And according to a local real estate insider, it was a short-term decision that could end up biting the Fortune 1000 company and downtown in their hind ends in the long term.

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