Crains's Cleveland reported that the East Ohio Gas building may finally be sold under a closed-bid auction. We hope if it is purchased, a strong buyer steps up. It's a great location with a solid attached garage, but, as a number of downtown buildings, is in need of some serious "value-added attention."
The retail corner space has been vacant for what seems like years and continues to be an eyesore. An auction sale will hopefully allow a new landlord to offer competitive rents and start attracting some more tenants back into the CBD. Maybe this will mark the beginning of a renewal for downtown office space... but wait, we still have to contend with McDonald Investments (maybe) and Huntington (probably). But here's hoping.
The retail corner space has been vacant for what seems like years and continues to be an eyesore. An auction sale will hopefully allow a new landlord to offer competitive rents and start attracting some more tenants back into the CBD. Maybe this will mark the beginning of a renewal for downtown office space... but wait, we still have to contend with McDonald Investments (maybe) and Huntington (probably). But here's hoping.Photo credit: STAN BULLARD
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