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cle_guy90 last won the day on October 19 2018

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  1. Is Case Western's goal to become more and more selective or, with the increase of applications that have been evident over the past 5 years, are they looking to expand and thus increase enrollment?
  2. Good news, as the article states, the bond rating boost could save the airport tens of millions of dollars as it looks to pay off debt and undertake massive capital projects. https://www.cleveland.com/cityhall/2019/08/cleveland-hopkins-international-airport-gets-bond-rating-boost-could-save-millions-in-borrowing-costs.html
  3. While I agree with most of this, I do believe we are better built for a recession that in years past. Our economy isn’t as dependent on manufacturing and is overall more diversified.
  4. Looking at Sherwin Williams Q2 report I was struck by two things. First, is how fast they are paying off their debt. But second is they have listed a 1.362 billion long term operating lease liability that they didn’t have a year ago. @KJP is that in reference to their potential new building or something else?
  5. Can you send me a link because it’s no longer where it used to be on their site? I haven’t found any for 2019 (q1 or q2).
  6. Does anyone know why the downtown Cleveland alliance stopped putting out quarterly reports? I always found them to being extremely informative especially in terms of apartment and retail vacancies.
  7. Pretty sure apartment.com has some double listings if I'm not mistaken. Standard's actual website show 11 units available which is about 96% full which puts them above the desirable 95% line. It goes to show that even apartments that may not have prime location (relatively speaking and at the moment) and are more pricey can fill up overtime.
  8. If Google is really behind it why does Moreno seem to indicate otherwise? It’s a $110 million commitment and not all the money is raised yet, so Blockland volunteers will need to secure sponsors, equity partners, tenants and — hopefully — a large tech company to anchor the space, founder Bernie Moreno said in a phone interview. Though the deal is set, the specifics are not. The renovation will be done in phases, but those are not yet defined. There have been conversations with many potential tenants, Moreno says, but none are locked up yet. His own blockchain company, Ownum, will be one of the first to move in. Edit: RMB beat me too it.
  9. Small yet good news: Borden is coming back to Ohio and will have a plant in Cleveland. https://www.cleveland.com/business/2019/06/bordens-dairy-products-return-to-ohio-with-a-plant-housed-in-cleveland.html
  10. Since there has been talk in the past about the Standard not performing well, it is worth pointing out that it is now over 90% leased (254/281). Even though Downtown Cleveland Alliance still hasn't put out there first quarter report for some reason, I have to believe that occupancy rates downtown are overall going up and that the market is ready for the next wave of apartments that are to come online.
  11. I know we shouldn’t put too much stock in it after last year, but its still worth noting that the bls numbers for April showed the lowest unemployment rate for any month in Cleveland since 2001! https://www.bls.gov/eag/eag.oh_cleveland_msa.htm
  12. Website shows 17% vacancy (47/276) - could be wrong though.
  13. https://www.us.jll.com/content/dam/jll-com/documents/pdf/research/us-cleveland-office-insight-q1-2019-jll.pdf JLL reports it at 13%. They stated in the report that a good chunk of Class A became available because "Fifth Third renewed and downsized from 104,000 to 37,000 square feet." Were there a bunch of cuts there that I missed?
  14. No inside info but if this happens I wonder if Dakar Studios will still happen. https://www.crainscleveland.com/real-estate/dakar-studios-coming-soon-bedford-just-not-quite-yet
  15. Census data for the counties is out... not too encouraging for Cuyahoga with a loss of 4,500 residents The 7 county region is overall flat at around a 1000 lost. Keep thinking that we are turning a corner but it does not appear to be stabilizing like a Hamilton county. https://expo.cleveland.com/news/g66l-2019/04/6d0312c650133/cuyahoga-countys-population-drop-9th-worst-in-the-us-last-year-new-census-estimates-say.html
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