Getting some traction?
The investment activity level in Cleveland has been up and down for most of 2010. Some months, things seem to be picking up, only to see the bottom fall out the next month. However, October may mark a turning point, for a few reasons. First, the overall sales volume was decent - nothing crazy but certainly better than September’s total volume of “nufin”. Second, the Cleveland real estate market saw the first net leased industrial sale in over 2 years. And third, the overwelming sediment amongst buyers, sellers, brokers and lenders is that things are getting better. To read all about the month that was, click here.