THE BOOM IN MIDTOWN! Alec Pacella Reviews the Midtown Cleveland Annual Report. 

By Ira Krumholz President of NAI Daus Property Management ikrumholz@naidaus.com Twitter @IraKrumholz Reporting for Duty Each month, this column focuses on various real estate property management concepts and topics. While it’s important for a property management company to employ these various items, it’s critical that they also communicate important information to their client, typically the property’s owner, on a regular basis. This month, we are going to focus on an overall concept known as management reporting. The discussion will include the…

Retail Construction, Store Closures and The BEST Fish Fry in Cleveland!  

By Alec Pacella, CCIM Managing Partner at NAI Daus apacella@naidaus.com (216) 455-0925 Twitter @dausyouknow Several years ago, we focused on the concept of cost recovery (also known as depreciation) in a couple of columns. This month, we are going to dig a little deeper into this concept, but before you tune out and flip to a different part of the magazine, ask yourself two questions. First: do you/your company/your clients pay taxes? And second: do you/your company/your clients care more…

Reviewing the Northeast Ohio Industrial Market. 

The Change in Suburban Office Construction in the Eastern Submarket of Cleveland, Ohio

2017 Investment Sales are off to a strong start.

By Alec Pacella, CCIM Managing Partner at NAI Daus apacella@naidaus.com (216) 455-0925 Twitter @dausyouknow I always appreciate when readers of this column take the time to reach out to me. Sometimes I know the person and sometimes I don’t but regardless, it is certainly always a delight to hear your comments. Last month, while at a real estate event, I was engaged in a discussion by a reader. This particular individual had one pressing question. No, they didn’t want to…

 By Ira Krumholz President of NAI Daus Property Management ikrumholz@naidaus.com Twitter @IraKrumholz The duties of a property management company are usually associated with the operations of a building making sure the snow is cleared from the parking lots, repairs are made to an air conditioner on the blink, the rent payments are collected and the utility bills are paid. However, one item that is critical but sometimes overlooked, or at least minimized, is disaster planning. Our world is considerably different today…