Cleveland

By Adrian Maties, Associate Editor
Global food giant Nestlé broke ground Aug. 18 on a $20 million-plus, two-story, 75,000-square-foot expansion of its longtime L.J. Minor manufacturing plant in Cleveland. The Swiss food icon is also planning a major research-and-development facility in […]

By Adrian Maties, Associate Editor
University Hospitals and Nashville-based Centerre Healthcare Corp. announced a joint venture to construct a freestanding in-patient rehabilitation hospital in the Cleveland suburb of Beachwood.
The 50,000-square-foot, 40-bed facility will cost $17 million to construct. It will be […]

By Adrian Maties, Associate Editor
Work on Cleveland’s Avon Family Health & Surgery Center is nearing completion. Soon, the $97.9 million will be finished and will be able to receive patients. Dr. Joseph Knapp, medical director of the Westlake Family Health Center, […]

By Adrian Maties, Associate Editor
After the state gaming referendum passed in 2009, plans were set in motion all over Ohio to build casinos. Horseshoe Casino Cleveland will open in 2012, in the lower four floors of the Higbee Building at […]

By Adrian Maties, Associate Editor
Stark Enterprises is currently in negotiations with the city of Westlake to approve an updated Crocker Park master plan for expanding the retail, residential and commercial center. The updated plan would expand the project to 3 […]

By Adrian Maties, Associate Editor
Parmatown Mall’s mortgage lender has filed for the appointment of a receiver in Cuyahoga County Common Pleas Court. That means the lender, Midland Loan Services, will take control of the property, list it for sale and […]

By Adrian Maties, Associate Editor
Cleveland has reached a turning point. For the first time in many years and despite many challenges (a shrinking population, high unemployment and the scars of years of residential and corporate flight to the suburbs), the […]

By Adrian Maties, Associate Editor
Developers Diversified Realty Corp. announced last week it has replaced a $550 million loan scheduled to mature in February 2012 with a new one for $500 million. The new loan has a 39-month term, with an additional […]

By Adrian Maties, Associate Editor
Harbor Group International L.L.C. has been actively trading Cleveland real estate lately.  The Norfolk-based company has acquired a parking garage and is trying to sell one of the city’s most dominant skyscrapers.
Once known as BP Tower, the […]

By Adrian Maties, Associate Editor
Cleveland State University struck a deal with Polaris Real Estate Equities on June 1st that will allow the local developer to build a $50 million, 308-unit housing complex on the north side of the university’s campus.
Polaris […]