NAI Daus, one of Cleveland’s largest, most reputable and active commercial real estate brokerage firms donates approximately 50 cereal boxes to the Ronald McDonald House of Cleveland. This is the first year NAI Daus has donated to the Ronald McDonald House. The donations came in the night of the NAI Daus Holiday Party, it was required that everyone bring a box of cereal. Some went above and beyond and brought in 3 or 4 boxes.The Ronald McDonald House was more…

NAI Daus, a leading Cleveland-based commercial real estate firm, announced today that it has completed a 12,000 square-foot flex space sale transaction on behalf of Healthland, LLC. Healthland, LLC is a manufacturer of small retail items, which are sold via retail outlets across the United States and over the Internet, has relocated from Cleveland Heights, Ohio to 4502 Prospect Road in Cleveland, Ohio. Healthland’s new space at 4502 Prospect Road features 6,000 square feet of warehouse space and 6,000 square…

We take a look at the Euclid Avenue project in Cleveland, Ohio. Despite the challenging financial climate, the $197 million renovation of Euclid Avenue has become an economic development engine for the city. More than $3.3 billion worth of projects are in the works or recently finished along five miles of the vital artery. Scott Garson, of NAI Daus described Euclid Avenue as a confidence-builder that is changing perceptions. Read this full story.

CAP Rates With Alec Pacella- Did you know the CAP rate calculation actually dates back to the 1950s? Did you know a CAP rate was designed by a man named L.W. Ellwood? Do you think it is all about the CAP rate in an investment property? You can read all about Busting a CAP in the November issue of Properties Magazine or download your version here. Alec Pacella is a Senior Vice President at NAI Daus. Contact him at: 216…

NAI Daus completed a 42,008 square foot warehouse sale. Scott Garson, CCIM, Sr. Vice President represented the seller, W.W. Polymer Dist, Inc. in this transaction. Kevin Kuczynski of Colliers represented the buyer, Premier Produce, Cleveland’s leading supplier of produce. Premier Produce will be relocating to 4500 Willow Parkway in Cuyahoga Heights, Ohio. 4500 Willow Parkway provides expansion capabilities, and is centrally located with dock access for the deliveries to and from Premier Produce. Premier Produce also plans to make improvements…

NAI Daus of Cleveland, Ohio recently leased the office space at 1220 SOM Center Road in Mayfield Heights, Ohio to Edward Jones Investments. Lisa Trevino, Associate and Chris Seelig, Director of Retail Services represented the landlord in this transaction. Mr. Seelig also represented the landlord in a retail lease to H&R Block in Canfield, Ohio. H&R Block has relocated to Canfield Colonial Plaza, 525 East Main Street. Contact:Chris Seelig, Director of Retail Service216 455 [email protected] Lisa Trevino, Sales Associate216 455…

Jim Samuels of NAI Daus recently represented Phoenix Adlabs Theatre Management, LLC in negotiations to re-open the theatre at Eastgate. The theatre is located at 1345 SOM Center Road adjacent to and behind Micro Center and across from Target. The Phoenix Eastgate 10 will have its Grand Re-opening November 6th, 2009 featuring 3D Digital Projection, Digital Sound, a newly configured Lobby with a Party Room and all First Run Movies. Contact: James Samuels216 455 0888 | [email protected]

We ask the question, “Is this a recovery?”Download our white paper now, written by NAI Global’s Chief Economist, Dr. Peter Linneman. Contact NAI Daus at:216 831 3310

Cleveland, Ohio – (October 13, 2009) – JD Moving Solutions, Inc. a local moving and storage company, has signed a 4 year lease for 12,600 square feet of warehouse space at 19954 Ingersoll Drive in Rocky River, Ohio. Robert Wetzel, Broker Associate with NAI Daus represented the Landlord, Franchar Inc., in this transaction. JD Moving Solutions is expanding their operations. JD Moving Solutions, Inc. was self-represented. NAI Daus specializes in commercial, industrial and retail sales and leasing in Northeast Ohio…

“All the gains we made over the last 10 years are gone, so tenants are going to be able to basically live like they did in the late 1990s,” says Alec Pacella, senior vice president, NAI Daus. “I think there’s a clear opportunity if you’ve ever thought about buying. It’s a great time because, again, prices for buildings are also what they were in the 1990s. Your price per square foot is going to be 30, 40 percent less than…