tag:blog.cleveland.com,2008:/business//688 2008-12-04T20:05:16Z Movable Type 1.52 tag:blog.cleveland.com,2008:/business//688.1858843 2008-12-04T18:54:01Z 2008-12-04T20:05:16Z Two local real estate investment trusts plan to issue securities to raise cash, according to recent regulatory filings. Developers Diversified Realty Corp., a shopping center owner based in Beachwood, could issue and sell up to $200 million in common shares... Two local real estate investment trusts plan to issue securities to raise cash, according to recent regulatory filings. Developers Diversified Realty Corp., a shopping center owner based in Beachwood, could issue and sell up to $200 million in common shares... tag:blog.cleveland.com,2008:/business//688.1849515 2008-12-02T22:55:11Z 2008-12-03T02:30:16Z U-Store-It Trust appears to be leaving its Cleveland offices, after months of rumors that the longtime local company plans to move its headquarters to Pennsylvania. The self-storage company's executive offices, in Suite 2800 of the Terminal Tower downtown, are listed... U-Store-It Trust appears to be leaving its Cleveland offices, after months of rumors that the longtime local company plans to move its headquarters to Pennsylvania. The self-storage company's executive offices, in Suite 2800 of the Terminal Tower downtown, are listed... tag:blog.cleveland.com,2008:/business//688.1845226 2008-12-01T23:31:04Z 2008-12-01T23:47:03Z Huntington Bank has taken an unusual step to recoup its investment in a stalled Cleveland development. The Ashbury Towers property, at West 53rd Street and Walworth Avenue, will be available for auction later this month. The unfinished residential development... Huntington Bank has taken an unusual step to recoup its investment in a stalled Cleveland development. The Ashbury Towers property, at West 53rd Street and Walworth Avenue, will be available for auction later this month. The unfinished residential development... tag:blog.cleveland.com,2008:/business//688.1843235 2008-12-01T17:41:00Z 2008-12-01T18:17:31Z General Growth Properties, the real estate investment trust that owns Beachwood Place mall, has been given more time to deal with $900 million in debt that was due Friday. The mall owner and operator announced late Sunday that it has... General Growth Properties, the real estate investment trust that owns Beachwood Place mall, has been given more time to deal with $900 million in debt that was due Friday. The mall owner and operator announced late Sunday that it has... tag:blog.cleveland.com,2008:/business//688.1828779 2008-11-26T22:07:08Z 2008-11-28T17:59:37Z Click on map to enlargeA major tenant has pulled back at the last minute from a shopping center under development in Garfield Heights, delaying the sprawling project. Developers were counting on Lowe's as one of three anchors at Bridgeview Crossing,... Click on map to enlargeA major tenant has pulled back at the last minute from a shopping center under development in Garfield Heights, delaying the sprawling project. Developers were counting on Lowe's as one of three anchors at Bridgeview Crossing,... tag:blog.cleveland.com,2008:/business//688.1820985 2008-11-25T15:08:56Z 2008-11-25T22:25:03Z Prices dropped 1.8 percent nationwide from August to September, but the Cleveland area saw a decline of only 0.6 percent. Prices dropped 1.8 percent nationwide from August to September, but the Cleveland area saw a decline of only 0.6 percent. tag:blog.cleveland.com,2008:/business//688.1816688 2008-11-24T16:28:59Z 2008-11-25T00:58:42Z David Zalubowski/Associated PressAn additional sign trumpets the reduced price available on a home for sale in Denver. Northeast Ohio's new and existing home sales dropped 9.1 percent in October.More coverage of Cleveland-area real estate Updated 7:56 p.m. After an increase... David Zalubowski/Associated PressAn additional sign trumpets the reduced price available on a home for sale in Denver. Northeast Ohio's new and existing home sales dropped 9.1 percent in October.More coverage of Cleveland-area real estate Updated 7:56 p.m. After an increase... tag:blog.cleveland.com,2008:/business//688.1809515 2008-11-22T04:45:10Z 2008-11-22T18:28:10Z Public officials and local real estate professionals are nervously watching for shifts beneath the city skyline. As they pinpoint potential holes, they're discussing ways to market downtown, lure companies from the suburbs and fill gaps with new businesses and, possibly, government offices. Public officials and local real estate professionals are nervously watching for shifts beneath the city skyline. As they pinpoint potential holes, they're discussing ways to market downtown, lure companies from the suburbs and fill gaps with new businesses and, possibly, government offices. tag:blog.cleveland.com,2008:/business//688.1797560 2008-11-19T23:21:57Z 2008-11-20T01:27:16Z Lis DeJong/The Plain DealerAbout a half dozen homes in Rysar Properties' Cinema Park development in Warrensville Heights remain unfinished after the company defaulted on a $3 million loan last summer. Since then, the homes have sat vacant and boarded up,... Lis DeJong/The Plain DealerAbout a half dozen homes in Rysar Properties' Cinema Park development in Warrensville Heights remain unfinished after the company defaulted on a $3 million loan last summer. Since then, the homes have sat vacant and boarded up,... tag:blog.cleveland.com,2008:/business//688.1794850 2008-11-19T16:08:26Z 2008-11-19T16:14:13Z WASHINGTON -- Construction of new homes in the United States plunged last month to the lowest level on records going back nearly 50 years as builders slashed production while Wall Street nosedived. Embattled homebuilders, who enjoyed a five-year boom, are... Alan Zibel/Associated Press WASHINGTON -- Construction of new homes in the United States plunged last month to the lowest level on records going back nearly 50 years as builders slashed production while Wall Street nosedived. Embattled homebuilders, who enjoyed a five-year boom, are... tag:blog.cleveland.com,2008:/business//688.1789896 2008-11-18T16:40:26Z 2008-11-19T20:05:37Z Z&MHomes, stores and restaurants will make up the Uptown project in the heart of University Circle, along the recently renovated Euclid Corridor.Leaders hope Obama helps citiesMore coverage of commercial real estateUpdated 7:37 p.m. Plans for two hotels, homes and other... Z&MHomes, stores and restaurants will make up the Uptown project in the heart of University Circle, along the recently renovated Euclid Corridor.Leaders hope Obama helps citiesMore coverage of commercial real estateUpdated 7:37 p.m. Plans for two hotels, homes and other... tag:blog.cleveland.com,2008:/business//688.1787101 2008-11-18T00:12:26Z 2008-11-18T00:16:15Z A federal judge has refused to throw out a lawsuit by the Jones Day law firm against an Internet company that publishes details about real estate transactions, including some by the firm's attorneys. U.S. District Judge John Darrah said the... A federal judge has refused to throw out a lawsuit by the Jones Day law firm against an Internet company that publishes details about real estate transactions, including some by the firm's attorneys. U.S. District Judge John Darrah said the... tag:blog.cleveland.com,2008:/business//688.1784527 2008-11-17T15:00:00Z 2008-11-18T14:33:17Z The deal allows Huntington to feature its name prominently on 200 Public Square, including at the top of the tower. And we've got a rendering of what that will look like. The deal allows Huntington to feature its name prominently on 200 Public Square, including at the top of the tower. And we've got a rendering of what that will look like. tag:blog.cleveland.com,2008:/business//688.1768835 2008-11-14T00:52:31Z 2008-11-14T00:56:03Z The old parking lot of Geauga Lake amusement park could soon become a shopping plaza featuring major retailers and restaurants. The Richard E. Jacobs Group is under contract to buy the 30-acre plot of land in Bainbridge Township, which is... The old parking lot of Geauga Lake amusement park could soon become a shopping plaza featuring major retailers and restaurants. The Richard E. Jacobs Group is under contract to buy the 30-acre plot of land in Bainbridge Township, which is... tag:blog.cleveland.com,2008:/business//688.1766565 2008-11-13T18:40:41Z 2008-11-14T00:56:58Z Updated 7:09 p.m. State grants announced Thursday could propel large projects in Cleveland and Euclid, despite a credit crisis that has stalled construction across the country. The Department of Development will award more than $50 million to 12 commercial sites,... Updated 7:09 p.m. State grants announced Thursday could propel large projects in Cleveland and Euclid, despite a credit crisis that has stalled construction across the country. The Department of Development will award more than $50 million to 12 commercial sites,...