Article Reprinted from www.cleveland.com Even as vacancy climbs at Northeast Ohio shopping centers, ambitious developers are culling new land in far-out suburbs to build more shopping space. The rotting malls and town centers residents abandon as they sprawl to newer and farther suburbs become the blight of a region, a recurring cycle of waste that […]
Vacant Property Maintenance Planning Vacant property maintenance is time consuming and tedious. Having an extra property on your hands, especially one located remotely, provides challenges to maintaining your investment. Coordination, repair and proper reporting takes up precious time that you could use to grow your business. At Commercial Asset Preservation (CAP), we’ll inspect and maintain […]
It is every business owner’s worst nightmare. After years of hard work and dedication, one or more of your business locations is closing. Now you’re left with a vacant building that still has all of your company signage and branding inside and out. If you still operate in other cities or states, having an ugly […]
Reprinted from www.kcur.org It was a tearful, dramatic day five years ago, when the school board of Kansas City Public Schools decided to close 21 buildings in order to adjust to a shrinking student population. That was in addition to nine previously closed schools, leaving the district with 30 surplus buildings. Kansas City is not the only district […]
Reprinted from www.citylab.com New “makers spaces” in a struggling neighborhood could bolster the local economy with small-scale manufacturing opportunities. It was some tough timing for urban planner Andy Cook as he lined up a tour of vacant industrial properties in Southwest Baltimore late last month, trying to drum up interest among businesses and real […]
Reprinted from www.southlandcommercial.com One of the most important things to have, when representing a buyer in the purchase of real estate, is a commercial property inspection. This should be done by a qualified property inspector. Having this type of inspection ensures that the buyer has “looked under the hood” and knows exactly what they are […]
Reprinted from www.cleveland.com CLEVELAND, Ohio – The Central and Fairfax neighborhoods lost an estimated 100 jobs in 2012 when T&B Foundry closed a storied metal casting plant in a foreclosure process that left the eight-acre property vacant, shuttered and saddled with nearly $2 million in liens. Now Cleveland Heights entrepreneur J. Duncan Shorey has a […]