Cleveland’s investment market continued to show strong momentum as we approached the mid-year point. Total sales volume for the quarter was just over $190 million while the total year-to-date volume was approximately $350 million. Several trends have emerged during the year. One of the most interesting was the resurgence of sales activity in the retail sector. Although it was one of the most battered of all the property types during the economic downturn, it has surged back and represents 42…

  The Northeast Ohio Industrial market continues to tighten and year-to-date net absorption was just over 700,000 square feet at the end of the 2nd quarter, lowering the vacancy 45 basis points to 7.24 percent. There has been a significant increase in new construction projects and the first 100 percent speculative development since 2008 will commence this summer. The 100,000-square-foot Bluestone Business Center I was recently completed, with 32,000 square feet occupied by Remedi SeniorCare of Ohio-Northeast LLC. The park is…