Case Western: Cleveland, OHIO: breakthrough cancer tech to genetics firm

case licenses breakthrough cancer tech to genetics firm

In a laboratory at Case Western Reserve University's School of Medicine, Zhenghe John Wang and a team of researchers developed a panel of new human isogenic cell models, which look much like mutated cancer cells. Through these cell models, researchers can get a handle on how cancer takes shape in the human body.

Eaton Corp to acquire Tuthill Couplings Group of Berea, OHIO

The Eaton Corp. is purchasing the Tuthill Coupling Group of Berea, a maker of hydraulic quick connectors and couplers.

Eaton signed the purchase agreement Thursday and said it expects the deal to close before the end of the year.

Nordson Corp. swings to a profit in fourth quarter - Cleveland Business News - Northeast Ohio and Cleveland - Crain's Cleveland Business

Nordson Corp. swings to a profit in fourth quarter - Cleveland Business News - Northeast Ohio and Cleveland - Crain's Cleveland Business

Nordson Corp. (Nasdaq: NDSN) said it returned to a profit in its fiscal fourth quarter as sales grew in all segments for the maker of automated dispensing equipment.

Nordson Corporation was started in 1954 in Amherst, Ohio, by brothers Eric and Evan Nord. However, the company’s roots trace back to the U.S. Automatic Company, which was started in 1909.

Year of "OPPORTUNITY"

Year of “OPPORTUNITY”

Year End (2010) Commercial Real Estate Market - Ohio Northwest and Southwest

Northwest market – Avon Lake, Avon, Westlake, North Olmsted, Sheffield Village, Amherst, Vermilion, Rocky River, Bay Village, Oberlin, North Ridgeville, Lakewood, Elyria, and Lorain  

Southwest market – Middleburg Heights, Berea, Strongsville, Olmsted Falls, West Cleveland, Grafton, LaGrange, North Royalton, Parma, Brunswick, Medina

Activity has picked up from 2009 to 2010 in the Northwest and Southwest markets.  Land has been transferring for the first time since pre-recession.  Distressed sales continue and have afforded many buyers great opportunities in commercial real estate.  We have seen a major difference from ’09 to ’10 – FINANCING, SBA financing to be more specific.  2009 brought many cash deals to the table while 2010 has once again opened the doors for financing. 

Currently, these markets are showing a shortage of free-standing Industrial buildings 30,000 SF to 60,000 SF available FOR SALE.  We seem to have buyers for these specifications, but no sellers. 

To sum up 2010 in the Ohio Northwest and Southwest markets –

GREAT OPPORTUNITIES.

Looking forward to 2011-

Mike Petrigan

Westlake, OH - HYLAND SOFTWARE named a leader by IT research company

hyland software named a leader by IT research company

Hyland Software has "strong management, a clear strategy, happy customers and a vertical-market focus." That, according to the IT research and advisory company Gartner, is part of the reason Hyland Software is on its list of leaders in the enterprise content management (ECM) industry. Gartner's Magic Quadrant 2010 puts Hyland Software in good company, as it shares the title "leader" with the likes of Microsoft, Oracle and IBM. The annual Magic Quadrant is used by the IT industry to evaluate ECM vendor options.

Cleveland, OH: ninetwelve plan focuses on diminishing business district

ninetwelve plan focuses on diminishing business district

There is no downtown "plan," per se, but there is a hell of a lot going on. The newest piece to the revitalization puzzle is the NineTwelve District, a new identity for the declining business corridor between East 9th and East 12th streets, and Euclid and Lakeside.

FORD - AVON LAKE, OHIO

Ford will extend Avon Lake plant's Econoline pact and adds new line

See more Avon Lake

Is Greater Cleveland on the economic rebound? A Plain Dealer poll

Greater Cleveland is experiencing one of the nation's strongest economic recoveries -- and one that ranks worldwide, says a new report by the Brookings Institution and the London School of Economics.

http://www.city.cleveland.oh.us/CityofCleveland/Home

Read More....

Port Authority OKs financing package for Cleveland's Flats East Bank neighborhood - Cleveland Business News - Northeast Ohio and Cleveland - Crain's Cleveland Business

Port Authority OKs financing package for Cleveland's Flats East Bank neighborhood - Cleveland Business News - Northeast Ohio and Cleveland - Crain's Cleveland Business

With the help of large amounts of equity from members of the Wolstein family, the financing for the $275 million Flats East Bank development is set to close by the end of the year.

Lakeside, OHIO - Lakepine Condo - Virtual Tour

VIRTUAL TOUR

Excellent Investment

Opportunity with additional

income potential

Building with

of all Lake Erie Islands5 Unit Lakefront Apartmentfabulous views

Cleveland Headquarters: American Greetings narrows headquarters search to 7 sites in Ohio, Illinois

BROOKLYN, Ohio -- American Greetings Corp. is considering seven sites for its corporate headquarters and hopes to make a decision by the end of its fiscal year, in February 2011.

Northeast Ohio's top workplaces leave people happy to come to work

This website is The Plain Dealer's first attempt to identify the top places to work in Northeast Ohio, based strictly on the opinions of employees. It doesn't rank companies based on size or revenue or stock price or any other cold, institutional measure. It's based only on what employees think about the places they spend most of their lives.

View the list...

BLISS PKWY - VIRTUAL TOUR

Bliss Pkwy

WESTLAKE OHIO - TravelCenters of America swings to a profit on higher fuel margins

WESTLAKE, Ohio -- TravelCenters of America LLC, an operator of truck stops and travel centers, turned a profit of $4.5 million during the third quarter, thanks in part to higher gross fuel margins.
The company, based in Westlake, reported profits of 26 cents per share, compared to a loss of $12.2 million, or 73 cents per share, a year before. It was the second consecutive quarter of gains for TravelCenters, which was hurt during the recession by a trucking slowdown, volatile fuel commodity prices and cutbacks in consumer spending on non-fuel items.

Read on....

Commercial News Cleveland medical mart/convention center project - Cleveland Business News - Northeast Ohio and Cleveland - Crain's Cleveland Business

MMPI Inc. names project manager for Cleveland medical mart/convention center project - Cleveland Business News - Northeast Ohio and Cleveland - Crain's Cleveland Business

MMPI said Mr. Williams, a Cleveland native, will be responsible for managing construction schedules and budgets, reviewing submittals, and handling general coordination with contractors and engineers.

Park-Ohio Holdings Corp. posts third-quarter profit vs. year-earlier loss - Cleveland Business News - Northeast Ohio and Cleveland - Crain's Cleveland Business

Park-Ohio Holdings Corp. posts third-quarter profit vs. year-earlier loss - Cleveland Business News - Northeast Ohio and Cleveland - Crain's Cleveland Business

The diversified manufacturing and logistics company said its net income in the quarter totaled $6.2 million, or 52 cents per diluted share. That profit included an asset impairment charge of $3.5 million and a gain on the acquisition of a business of $2.2 million.

Museum of Contemporary Art Cleveland trustees to vote on new, $26.7 million home - Cleveland Business News - Northeast Ohio and Cleveland - Crain's Cleveland Business

Museum of Contemporary Art Cleveland trustees to vote on new, $26.7 million home - Cleveland Business News - Northeast Ohio and Cleveland - Crain's Cleveland Business

Trustees of the Museum of Contemporary Art Cleveland are scheduled to vote tomorrow morning on whether to authorize construction of a 34,000-square-foot building at the intersection of Euclid Avenue and Mayfield Road.

Market Insight

Leasing market conditions improved in the third quarter at a pace ranging from barely detectable to brisk. The apartment market fit the latter description as the vacancy rate fell to 7.1 percent from 7.8 percent in the second quarter, one of the sharpest drops on record according to data-provider Reis. The office, industrial and retail markets all recorded a very modest drop of 10 basis points in their third-quarter vacancy rates. Asking rental rates typically lag vacancy, and at this early stage of the recovery cycle, landlords have little pricing power with the exception of some apartments and selected high-quality office and retail properties in primary markets.
Read More...

Cuyahoga County officials defend $40 million rise in med mart/convention center cost - Cleveland Business News - Northeast Ohio and Cleveland - Crain's Cleveland Business

Cuyahoga County officials defend $40 million rise in med mart/convention center cost - Cleveland Business News - Northeast Ohio and Cleveland - Crain's Cleveland Business

Cuyahoga County commissioners heard today about design changes in the planned Cleveland convention center and medical merchandise mart that could add $40 million to the top-line cost of the project. But they emphasized that the changes make the convention center more attractive to show promoters and that the bottom-line cost to taxpayers is unchanged.

State to issue $10 million in Ohio New Markets Tax Credits - Cleveland Business News - Northeast Ohio and Cleveland - Crain's Cleveland Business

State to issue $10 million in Ohio New Markets Tax Credits - Cleveland Business News - Northeast Ohio and Cleveland - Crain's Cleveland Business

Commercial Real Estate - Looking Brighter


PLAIN DEALER ARTICLE -

Commercial real estate market looking a bit brighter, report shows

CLEVELAND OHIO FLATS

The first new nongovernment

Flats East Bank •

office tower downtown will

commence within months. First Phase of the

Flats East Bank mixed-use development will

include the Ernst & Young Tower, which will

be anchored by E&Y and Tucker Ellis & West

LLP. Both tenants will be vacating the historical

Huntington National Bank Building. Another

exciting part of this project will be the trendy

Aloft Hotel, by Starwood Hotels & Resorts. Both

the offi ce tower and hotel are expected to be

completed by 2013.

Great Lakes Brewing Company

Cheers! •

The recession-proof industry of brewing beer has
paid off for Great Lakes Brewing Company.
Their expansion plans continue in

the Ohio City neighborhood and their recent $6

million investment will increase their brewing

capacity by 50 percent in 24 months. In 2009,

their sales increased 18 percent and the initial

phase of capital investment will increase

production by 10 percent before year-end.

SOLD!!!! COMMODORES CLUB - 1785 MERWIN, CLEVELAND OHIO

Commodores Club

SOLD!!! 775 BEREA INDUSTRIAL PKWY

Commercial Real Estate

775 Berea Industrial Pkwy

51,000 SF on 7 ACRES
SOLD FOR $1.5 MILLION

http://www.loopnet.com/lid/16424957