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The transactions are more than just a warehouse buy. The purchases show the ripple effect of the opening of Valor Acres on surrounding land and structures, which will likely drive more activity in the area in the months and years to come.
www.crainscleveland.com/real-estate/...
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Brecksville warehouse sales signal Valor Acres boost
Local commercial real estate firm Weston is staking out a small chunk of industrial property in Brecksville, buying three warehouses close to the new Valor Acres mixed-use development in a pair of tra...
https://www.crainscleveland.com/real-estate/real-estate-firm-weston-buys-three-brecksville-warehouses
3 days ago
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Miami University’s Cleveland presence is taking shape on Carnegie Avenue.
www.crainscleveland.com/education/mi...
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Miami University picks Carnegie Avenue site in Innovation District
Miami University will occupy 7,022 square feet in Cleveland’s Innovation District, investing $1 million in a new hub near Cleveland Clinic.
https://www.crainscleveland.com/education/miami-university-expands-cleveland-innovation-district
3 days ago
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Last year, cuts to three varsity programs dragged down Cleveland State University’s Giving Day. This year, athletics helped lift the university to a record.
www.crainscleveland.com/education/at...
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Athletics lifts Cleveland State to Giving Day record after last year’s dip
Cleveland State raised $903,955 from 2,657 donors on Giving Day, setting a new record as athletics generated nearly half of the total.
https://www.crainscleveland.com/education/athletics-powers-cleveland-state-giving-day-record
3 days ago
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Private employers in Ohio this summer will receive, on average, a 1% reduction in their workers' compensation premiums.
www.crainscleveland.com/politics-pol...
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Ohio private employers win 9th straight year of workers' comp rate reductions
The 1% rate cut will take effect July 1.
https://www.crainscleveland.com/politics-policy/workers-comp-premiums-drop-again-ohio-private-employers
3 days ago
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“It’s going to have to be someone who understands Cleveland and Cleveland Heights and wants to take this into the next 100 years,” said David Leb, vice president at Cushman & Wakefield | CRESCO Real Estate, who represents the seller.
www.crainscleveland.com/real-estate/...
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Historic Cleveland Heights property lists for $2.95M
Selling a nearly 100-year-old mixed-use building is like dating. You have to find the right person.That’s who the seller and the city of Cleveland Heights hope to find for the three-story 90,000-squar...
https://www.crainscleveland.com/real-estate/historic-cleveland-heights-property-lists-3m
3 days ago
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The I-X Center is formally ending its 40-year run of hosting consumer shows. It welcomed more than 50 million people in that time.
www.crainscleveland.com/real-estate/...
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I-X Center announces final 'consumer show'
For 60 years, gearheads have gathered at the I-X Center to see all sorts of cars, motorcycles and the equipment that makes them go fast. This year will be their last chance to do so at the I-X Center.
https://www.crainscleveland.com/real-estate/i-x-center-announces-final-consumer-show
3 days ago
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Embattled auto-parts company First Brands Group, which has been looking for a financial lifeline to save its business, has laid off nearly 150 workers at its corporate office in Downtown Cleveland.
www.crainscleveland.com/manufacturin...
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First Brands lays off 146 Cleveland workers as sale efforts collapse
The employees were let go Feb. 23 from First Brands' corporate office at Key Tower in Downtown Cleveland.
https://www.crainscleveland.com/manufacturing/first-brands-fires-146-workers-potential-buyers-pull-out
3 days ago
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NEOMED’s new hub will help the university expand its medical innovation and commercialization program, increase cross-sector collaboration and serve as a base for strategic partnerships with University Hospitals.
www.crainscleveland.com/education/ne...
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NEOMED invests $2.5M for health care innovation hub at MidTown Collaboration Center
NEOMED to establish health care innovation hub at MidTown Collaboration Center.
https://www.crainscleveland.com/education/neomed-establish-health-care-innovation-hub-midtown-collaboration-center
4 days ago
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Four leaders in Cleveland's legal community will be part of a March 25
@crainscleveland.bsky.social
panel on the future of law firms.
www.crainscleveland.com/law/future-l...
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March 25 Crain's Power Breakfast focuses on the future of law firms
Four leaders in Cleveland's legal community will gather for a discussion at the Union Club in Downtown Cleveland.
https://www.crainscleveland.com/law/future-law-firms-focus-march-25-crains-power-breakfast
4 days ago
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The Ohio School Employees Retirement System, based in Columbus, has launched an asset-liability study that could include revisiting hedge funds. Investment consultant Wilshire Advisors in April plans to make recommendations of changes to the allocation.
www.crainscleveland.com/politics-pol...
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Ohio School Employees could revisit hedge funds in new asset-liability study
The study is expected to shape the $22 billion pension fund’s asset allocation for the next five years.
https://www.crainscleveland.com/politics-policy/ohio-school-employees-could-revisit-hedge-funds-new-asset-liability-study
4 days ago
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Spirit departs the Cleveland market about 10 years after it first began flying out of the airport.
www.crainscleveland.com/transportati...
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Spirit exiting Cleveland Hopkins International Airport
Spirit Airlines will cease operations at Cleveland Hopkins International Airport (CLE) effective April 15 as a result of the airline's ongoing restructuring to focus on its “strongest routes,” airport...
https://www.crainscleveland.com/transportation/sprits-airlines-ends-flights-and-hopkins-international-airport
4 days ago
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"Ohio Sen. Bernie Moreno is eyeing a bid to head the Senate GOP’s campaign arm for the 2028 cycle, according to two Republican senators granted anonymity to disclose private conversations." Via
@politico.com
.
www.politico.com/live-updates...
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Bernie Moreno eyes possible run for NRSC chair
The Ohio freshman hasn’t thrown his hat into the ring yet, but he’s already getting public support to lead the GOP campaign arm.
https://www.politico.com/live-updates/2026/02/26/congress/bernie-moreno-nrsc-chair-00801431?utm_source=dlvr.it&utm_medium=twitter
4 days ago
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Want to run a lakefront motel? Two in Ashtabula County are available.
www.crainscleveland.com/real-estate/...
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A pair of Geneva-on-the-Lake lakefront motels hit the market
Pete's and The Palms are motels from a bygone era, but they remain popular in their updated form, thanks to recent investments.
https://www.crainscleveland.com/real-estate/two-geneva-lake-motels-hit-market
4 days ago
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The milestone could breathe life into the coming spring home-selling season.
www.crainscleveland.com/real-estate/...
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30-year mortgage rate falls below 6% for first time since 2022
The average for 30-year, fixed loans was 5.98%, down from 6.01% last week, data from Freddie Mac showed Thursday, Feb. 27. By comparison, it was 6.76% a year ago.
https://www.crainscleveland.com/real-estate/first-time-2022-average-30-year-mortgage-rate-below-6
4 days ago
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While activists gather signatures to try to eliminate property taxes statewide in Ohio, a lawmaker is suggesting Ohio should tax the underlying land instead of the total property including improvements like homes and buildings.
www.crainscleveland.com/politics-pol...
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Ohio lawmaker proposes land value tax amendment as alternative to property tax elimination
The proposal comes as experts warn of the consequences of eliminating the property tax.
https://www.crainscleveland.com/politics-policy/ohio-lawmaker-proposes-alternative-property-tax-elimination
4 days ago
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“We want to elevate the fan’s experience in everything that we’re doing,” said Nic Barlage, the CEO of Rock Entertainment Group, the Cleveland Cavaliers and Rocket Arena.
www.crainscleveland.com/real-estate/...
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Bedrock, REG plan 6,200-seat Downtown riverfront amphitheater
Bedrock and REG plan a 6,200-seat riverfront amphitheater in Cleveland, projecting 30 to 40 shows annually and $59 million in direct spending.
https://www.crainscleveland.com/real-estate/bedrock-reg-plan-cleveland-riverfront-amphitheater
4 days ago
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Owners of Class B Downtown office buildings might face a new challenge: The residential market they’ve relied on for years to buy and convert their buildings into apartments has become saturated.
www.crainscleveland.com/real-estate/...
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Downtown Cleveland apartment market hits saturation, stalling conversions
Downtown is still healthy, developers and real estate experts say, but years of rapid building conversions have left a market that needs some absorption to incentivize further development.
https://www.crainscleveland.com/real-estate/clevelands-robust-downtown-housing-market-reaches-saturation
4 days ago
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The J.M. Smucker Co. of Orrville said two new directors will be joining its board as part of an agreement reached with activist investor Elliott Investment Management.
www.crainscleveland.com/manufacturin...
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J.M. Smucker adds two board directors in pact with activist Elliott Investment Management
Woo-Sung Chung and David Singer will join the board in April. The deal also includes sharing information with the activist investor with the goal of boosting shareholder value.
https://www.crainscleveland.com/manufacturing/smucker-adds-two-board-directors-pact-activist-elliott
4 days ago
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To date, at least 1,800 companies have filed lawsuits seeking refunds, according to a
@wsj.com
analysis. Most, including Akron-based Goodyear Tire & Rubber Co., filed ahead of the Supreme Court ruling.
www.wsj.com/us-news/law/...
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The $130 Billion Race for Companies to Get Their Tariff Money Back
At least 1,800 companies have filed lawsuits seeking refunds from the government.
https://www.wsj.com/us-news/law/the-130-billion-race-for-companies-to-get-their-tariff-money-back-1dcc5123?siteid=yhoof2
4 days ago
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MetroHealth’s financials landed in the black last year for the first time since 2022.
www.crainscleveland.com/health-care/...
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MetroHealth 'making strides' with financial results despite stiff headwinds
MetroHealth reports $56.8 million in positive operating income.
https://www.crainscleveland.com/health-care/metrohealth-reports-568-million-positive-operating-income
5 days ago
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Meadow Falls, a senior-living firm in South Russell, has been actively purchasing other senior-care facility sites and also land that might be used for construction in Richmond Heights.
www.crainscleveland.com/real-estate/...
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New York investor makes a big bet on NEO's senior-living market
Avi Lustig bought a struggling senior-care firm out of receivership in 2024. Since then, he's rebranded it as Meadow Falls and has been expanding rapidly in Northeast Ohio via a string of acquistions ...
https://www.crainscleveland.com/real-estate/new-york-investor-invests-heavily-ohio-senior-living-market
5 days ago
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With a World Cup year approaching, Akron City FC is stepping onto a bigger stage.
www.crainscleveland.com/sports-recre...
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Akron City FC moving to UA’s InfoCision Stadium for 2026
Akron City FC will play its 2026 home matches at InfoCision Stadium at the University of Akron, a major step for the growing USL League Two club.
https://www.crainscleveland.com/sports-recreation/akron-city-fc-moving-uas-infocision-stadium
5 days ago
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"A Michigan startup believes better shoelaces can help prevent the most common injury in sports: ankle sprains. University Hospitals is backing the idea."
www.crainscleveland.com/sports-recre...
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UH Haslam Center invests in shoelace startup headed to 'Shark Tank'
UH Haslam Center invests in Michigan startup BRCĒ, whose patented shoelaces aim to prevent ankle sprains and improve athlete safety.
https://www.crainscleveland.com/sports-recreation/uh-haslam-center-backs-brce-shoelaces
5 days ago
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It didn't take much time for Teddy Baldassarre to decide he needed to expand his luxury watch store at Crocker Park.
www.crainscleveland.com/retail/luxur...
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Luxury watch retailer Teddy Baldassarre triples space at Crocker Park
The original space at 218 Crocker Park Blvd. was 1,385 square feet, while the new space, at 167 Main St., is 4,000 square feet.
https://www.crainscleveland.com/retail/luxury-watch-retailer-teddy-baldassarre-triples-crocker-park-space
5 days ago
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"At the city level, Chicago, New York,
#Cleveland
and Minneapolis led all markets for the full year. Tampa, Denver, Phoenix, Dallas and Miami posted the steepest declines." Via
@wsj.com
.
www.wsj.com/economy/hous...
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U.S. Home-Price Growth Slows In December
U.S. home-price growth slowed to its lowest annual level in over a decade as mortgage rates and inflation continued to weigh on home buyers.
https://www.wsj.com/economy/housing/u-s-home-price-growth-slows-in-december-2e5d9a04?mod=Searchresults&pos=1&page=1
5 days ago
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The federal lawsuit alleges that OhioHealth’s practice of requiring commercial health insurers to include all of its providers in their networks inflates costs for policyholders and patients, hampers price transparency, and disadvantages regional rivals.
www.crainscleveland.com/health-care/...
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Ohio, DOJ sue OhioHealth alleging anticompetitive tactics
The lawsuit was filed by both state and local officials against the Columbus-based company.
https://www.crainscleveland.com/health-care/ohio-doj-sue-ohiohealth-alleging-anticompetitive-tactics
6 days ago
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A tech- and innovation-driven expansion is coming at Western Reserve Academy in Hudson.
www.crainscleveland.com/education/we...
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Hudson's Western Reserve Academy lands big gift to support innovation center expansion
The gift comes from the CJ Wang Foundation, a philanthropic body with global headquarters in Hong Kong and U.S. headquarters in Boston.
https://www.crainscleveland.com/education/western-reserve-academy-receives-5-million-gift-cj-wang-foundation
6 days ago
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If you need to get to Portland, Maine, there's a new option, via the Akron-Canton Airport.
www.crainscleveland.com/transportati...
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Akron-Canton Airport adds new seasonal nonstop flight to Maine
Breeze Airways adds new direct route from Akron-Canton Airport.
https://www.crainscleveland.com/transportation/breeze-airways-adds-portland-maine-flight-akron-canton-airport
6 days ago
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The sprawling 220,000-square-foot Cleveland Masonic Auditorium at 3615 Euclid Ave. was put on the market on Friday.
www.crainscleveland.com/real-estate/...
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Masonic Auditorium, the former home of TempleLive Cleveland, is up for sale
A few months after its abrupt shutdown, the behemoth MidTown venue that had been home to TempleLive Cleveland is now up for sale.
https://www.crainscleveland.com/real-estate/masonic-auditorium-former-home-templelive-cleveland-sale
6 days ago
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Cleveland-Cliffs Inc. has made board leadership and committee changes following the resignation of a director.
www.crainscleveland.com/manufacturin...
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Cleveland-Cliffs names new lead director after board resignation
The new lead director at the steelmaker is Ralph S. Michael III, former chairman of AK Steel.
https://www.crainscleveland.com/manufacturing/cleveland-cliffs-changes-board-leadership-after-director-exits-new-role
6 days ago
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“Everything was done on build and test at the time. And the vision was, let’s bring in computer-aided engineering and we’ll cut all this testing,” says Chris Helsel, Goodyear's chief technical officer.
www.crainscleveland.com/manufacturin...
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Goodyear CTO breaks down three decades of R&D trends
Chris Helsel will be the first to tell you that he failed to perform the job he was hired for when he came to Goodyear in 1996.After earning a bachelor’s degree at Cleveland State University...
https://www.crainscleveland.com/manufacturing/goodyear-cto-breaks-three-decades-rd-trends
6 days ago
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Three new-to-Northeast-Ohio retailers will open at Pinecrest in Orange Village throughout 2026, including Canadian fashion brand Aritzia, which a Tanger executive described as “probably one of the hottest retail brands on the planet right now.”
www.crainscleveland.com/retail/pinec...
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Aritzia, Abercrombie lead next wave of new Pinecrest tenants
Pinecrest will welcome three new to market tenants, a flagship store and retailer relocating in 2026.
https://www.crainscleveland.com/retail/pinecrest-add-multiple-new-retailers-2026
6 days ago
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Prominent Democrats are seizing on Donald Trump’s Supreme Court tariff loss to wage a populist election-year campaign to refund the overturned import duties to the U.S. public.
www.crainscleveland.com/politics-pol...
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Brown spars with Moreno, Husted over refunding tariffs to U.S. households
The new debate comes ahead of a hotly contested midterm election race between Husted and Brown.
https://www.crainscleveland.com/politics-policy/sherrod-brown-wages-fight-refund-tariffs-us-households
6 days ago
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More than 100 years after Donald Ross first shaped Brookside Country Club, the Canton club is preparing to reshape it again — this time with a championship-club veteran at the helm.
www.crainscleveland.com/sports-recre...
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Brookside Country Club names new GM before major 2027 restoration
Brookside Country Club names Tod Pierce as general manager ahead of a multimillion 2027 restoration of its historic Donald Ross golf course.
https://www.crainscleveland.com/sports-recreation/tod-pierce-named-gm-brookside-country-club
7 days ago
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The City of Cleveland and the North Coast Waterfront Development Corporation — the nonprofit leading the redevelopment of Cleveland's lakefront — have released a survey to gather public opinion on the future of Burke Lakefront Airport.
www.crainscleveland.com/politics-pol...
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City of Cleveland, North Coast Waterfront release survey on Burke Lakefront Airport
The airport, situated along a two-mile stretch of the Lake Erie waterfront by downtown, is perhaps the most pivotal piece of plans to reshape the lakefront.
https://www.crainscleveland.com/politics-policy/city-cleveland-north-coast-waterfront-release-survey-burke
7 days ago
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Raleigh, North Carolina-based First Citizens BancShares Inc. is looking for ways to get bigger, and one possibility, Bloomberg reports, is an acquisition of Cleveland-based KeyCorp.
www.crainscleveland.com/banking-fina...
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KeyCorp emerges as potential target for First Citizens acquisition
Bloomberg says North Carolina-based First Citizens is looking at a potential KeyCorp deal to get over the $250 billion asset level.
https://www.crainscleveland.com/banking-finance/first-citizens-considers-keycorp-deal-reach-250b-asset-mark
7 days ago
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Longtime commercial real estate broker Alex Jelepis is launching a new boutique firm focused on the office sector.
www.crainscleveland.com/real-estate/...
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Veteran Cleveland broker forms new boutique firm focused on office sector
Alex Jelepsis has more than 30 years working in commercial real estate in Northeast Ohio and has never seen office space priced so low.
https://www.crainscleveland.com/real-estate/alex-jelepsis-forms-new-brokerage-focused-office-sector
7 days ago
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While Cordelia was inspired by grandma’s cooking and kitchen table, Andrew Watts and chef Vinnie Cimino wanted ROSY, 2912 Church Ave., to go a few generations back, based on how grandma’s grandma cooked.
www.crainscleveland.com/restaurants/...
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New restaurant from duo behind James Beard-nominated Cordelia opens
The successful duo behind Downtown Cleveland’s Cordelia will open ROSY in Cleveland’s Hingetown neighborhood on Feb. 26. While Cordelia was inspired by grandma’s cooking and kitchen table, Andrew...
https://www.crainscleveland.com/restaurants/rosy-andrew-watts-and-vinnie-cimino-opens-ohio-city
7 days ago
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From hydro pools and a glass-lined dining hall to a fully built-in barbershop, the Cavaliers’ latest renderings provide a clearer look inside the Global Peak Performance Center, which is set to open next year on the riverfront near Tower City.
www.crainscleveland.com/sports-recre...
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Cavaliers offer updated interior look at riverfront practice facility
New renderings show the Cavaliers’ riverfront practice facility, including recovery spaces and Cleveland Clinic treatment areas opening in 2027.
https://www.crainscleveland.com/sports-recreation/cavs-share-new-look-riverfront-practice-facility
7 days ago
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Some Downtown Cleveland office building owners are choosing to empty their properties rather than maintain low occupancies — and in some cases, paying tenants to leave — as they prepare buildings for sale or redevelopment.
www.crainscleveland.com/real-estate/...
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Some Cleveland office landlords choose vacancy to save costs
Any office building would be better off full, but when occupancy dips low enough building owners often have tough choices to make about whether and how to lease new space and might even consider being...
https://www.crainscleveland.com/real-estate/some-cleveland-office-landlords-choose-vacancy-save-costs
7 days ago
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A piece of Cleveland’s lakefront redevelopment got a round of final approvals from the city’s planning commission on Thursday, Feb. 19 — but must return for more.
www.crainscleveland.com/real-estate/...
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Cleveland lakefront apartment project clears key hurdle
A piece of Cleveland’s lakefront redevelopment got a round of final approvals from the city’s planning commission on February 19 — but must return for more.Union at Cleveland Harbor, an apartment buil...
https://www.crainscleveland.com/real-estate/union-cleveland-harbor-clears-planning-commission-hurdle
10 days ago
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“Enrollment on the regional campuses is flat,” says Kent State University President Todd Diacon, “and flat is good.”
www.crainscleveland.com/education/ke...
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As Ohio's regional campuses shrink, Kent State finds fragile footing
Kent State’s regional campuses have stopped years of enrollment decline, but flat numbers underscore ongoing financial pressure and the push for adult students.
https://www.crainscleveland.com/education/kent-state-halts-decline-regional-campuses
10 days ago
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The Ohio Division of Cannabis Control has implemented revised thresholds for permissible levels of yeast and mold in marijuana in a move that regulators say bring Ohio more in line with other states and industry officials say will reduce costs for operators.
www.crainscleveland.com/cannabis/ohi...
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Ohio shifts cannabis testing standards to align with other states, cut costs
The Ohio Division of Cannabis Control has implemented revised thresholds for permissible levels of yeast and mold in marijuana in a move that regulators say bring Ohio more in line with other states a...
https://www.crainscleveland.com/cannabis/ohio-marijuana-regulators-revise-thresholds-permissible-mold-yeast
10 days ago
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Over a month after a Columbus-based furniture retailer announced all locations of its two chains would be closing permanently, the final locations are hitting the market — including several in Northeast Ohio.
www.crainscleveland.com/real-estate/...
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Value City Furniture stores hit the market across NEO
Over a month after a Columbus-based furniture retailer announced all locations of its two chains would be closing permanently, the final locations are hitting the market — including several in Northea...
https://www.crainscleveland.com/real-estate/american-signature-furniture-stores-sale
10 days ago
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An Ohio judge has found Rudy Fichtenbaum, chairman of the board of the $104.2 billion Ohio State Teachers’ Retirement System, Columbus, and former board member Wade Steen, both guilty of violating their fiduciary duties.
www.crainscleveland.com/banking-fina...
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Ohio judge ousts Ohio STRS trustees over $65B investment plan
An Ohio judge has found Rudy Fichtenbaum, chairman of the board of the $104.2 billion Ohio State Teachers’ Retirement System, Columbus, and former board member Wade Steen, both guilty of violating the...
https://www.crainscleveland.com/banking-finance/ohio-judge-ousts-pension-trustees-over-65b-investment-plans
10 days ago
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The rental market in Cleveland’s metropolitan area is performing better than others across the United States due to supply and demand, according to recent research from the Independence-based commercial real estate firm Marcus & Millichap.
www.crainscleveland.com/real-estate/...
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Cleveland tops the nation in apartment rental growth: report
Cleveland's rental market looks to be fairly healthy compared to other metro areas in the country, according to proprietary data from Marcus & Millichap.
https://www.crainscleveland.com/real-estate/supply-and-demand-keeping-clevelands-rental-market-healthy
10 days ago
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In an update to the Public Utilities Commission of Ohio, AEP explained the new requirements have slashed its projections for new power demand from 30,000 megawatts to about 5,700 megawatts.
www.crainscleveland.com/energy/aep-o...
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AEP Ohio says new data center tariff is working but critics aren’t buying it
Critics contend AEP’s figures were inflated from the beginning, and what they’re sharing now is just the company coming clean about the actual demand.
https://www.crainscleveland.com/energy/aep-ohio-says-new-data-center-tariff-working
10 days ago
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The Notable & Quotable feature of
@wsj.com
spotlights a recent (and controversial) piece by Plain Dealer/Cleveland.com Editor Chris Quinn about AI and journalism.
www.wsj.com/opinion/nota...
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Opinion | Notable & Quotable: AI
‘A college student withdrew from consideration for a reporting role in our newsroom this week because of how we use artificial intelligence.’
https://www.wsj.com/opinion/notable-quotable-ai-773b6716?st=amP9Un&reflink=desktopwebshare_permalink
10 days ago
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The community, known as Overlook Villas, is co-led by Renew Partners LLC and Spire Academy.
www.crainscleveland.com/real-estate/...
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Luxury villa community coming to Geneva-on-the-Lake
Homes are going under contract for a future 26-villa community in Geneva-on-the Lake before hitting the market, signaling a hot lakeshore opportunity near the popular entertainment district in Ashtabu...
https://www.crainscleveland.com/real-estate/housing-community-spring-shores-geneva-lake
10 days ago
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Orrville-based J.M. Smucker Co. decided to create a new Jif Simply line of peanut butter, which has a shorter list of ingredients. CEO Mark Smucker said the new Jif Simply is a “very basic formula that obviously is responding to consumer trends.”
www.crainscleveland.com/manufacturin...
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Smucker, other food companies can’t get enough of the word ‘simply’
It has become the preferred label for a new wave of products containing fewer, more natural ingredients — from beverages to peanut butter.
https://www.crainscleveland.com/manufacturing/smucker-and-other-food-makers-just-cant-get-enough-simply
11 days ago
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