Our quarterly reporting tracks the trends and transactions that shape our market, and news articles that highlight the perspectives, insights and accomplishments of our Lee Cleveland professionals.
Click to download the current quarterly reports or search the archives.
Selected features and expert commentary through the decades.
Feature announcing Lee & Associates Cleveland, Lee's 50th office nationwide and first in Ohio. Names Joseph Greenberg, Brad Coven and Jeremy Steiger as co-presidents.
Reprinted with permission of Crain's Cleveland Business, courtesy of Porath Printsource.
View reprint (PDF)Jeremy Steiger, a partner at the Lee & Associates brokerage in Beachwood, on the economics of office renovation.
“Renovating office space for new tenants is expensive. You can't easily make up the cost given prevailing rent rates.”
Jeremy Steiger, a partner at the Lee & Associates brokerage in Beachwood, on east suburban office market dynamics.
“The east suburban office market has been dynamic this year. Traditionally, the Landerbrook and Highland Hills properties have leased slower than buildings directly on or near Chagrin Boulevard in the east suburbs. But they catch up over time.”
Jeremy Steiger, a partner in the Lee & Associates Cleveland office, on the post-pandemic office market.
“Employees like working at home, but employers like people working from their workplaces.”
Jeremy Steiger, an office expert and partner at Lee & Associates of Pepper Pike, on new construction economics in the Mentor market.
“A new rental office building would set a new high for office rents in the Mentor area, which is primarily a $10 to $20 per square foot market. A new building likely will demand rents of more than $30 a square foot. Most of the office buildings in the area are under 30,000 square feet and are more than 15 years old.”
“Deal flow there is not as fast as in other parts of the region. If they are patient, it will lease up and they'll have a good project. If they can read the market as well as Cleveland Construction can build buildings, that development will be in good hands.”
We use cookies to understand how visitors use propmgmt.com and to improve the site. Analytics cookies (Google Analytics) load only if you accept. Essential cookies that keep the site working are always on. Privacy Policy.