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CLE REAL ESTATE GROUP
CRE REAL ESTATE INVESTMENT COMPANY

MUSIC MANOR

15789 Broadway Ave
Purchased August 2023
​​
​Location - 
15789 Broadwav Ave, Maple Heights 44137
Key Characteristics
  • Music Manor - Built ?
  • 11,000 SF retail/mixed use building
​​​Scope of Work -  Active Project

CAMBRIDGE PLAZA

Cambridge Plaza
Purchased November 2022

​Location - 1657 Mentor Ave, Mentor OH 44077
Key Characteristics
  • Cambridge Plaza Building - Built in 1964
  • 12,000 SF retail/office building
  • Increased occupancy from 36% to 94% 
  • ​Increased rents from $3,400 to $11,300
​​​Scope of Work -  This building was purchased with a vacant first floor space and 7000 SF of vacant 2nd floor office space. We rehabbed all the vacant space and as of July 2023 we have 60% occupancy.

THE GATTO BUILDING

Picture
Purchased July 2022

​​Location - 14250 Industrial Ave South, Maple Heights, Ohio 44077
Key Characteristics 
  • The Gatto Building - Built in 1992
  • 7,600 SF office/warehouse building
  • Increased vacancy from 0% to 100% 
  • ​Increased rents from $0 to $6,200
​​​Scope of Work -  This was a vacant 2-story building with office in the front and warehouse in the back. We updated and modernized the office space and hit 100% occupancy within 9 months of acquisition.

second empire building

Office Building 113 Main St, Painesville  44077
Purchased October 2021

​Location - 113 Main St, Painesville, Ohio 44077
Key Characteristics 
  • Second Empire Building - Built in 1900
  • 24K SF office/retail building
  • Increased occupancy from 0% to 88%
  • ​Increased rents from $0 to $16,550
​​​Scope of Work -  This was our largest project to date. The building was vacant for more than a decade. All 24K SF needed extensive work to make the building is pristine and vibrant once again. The building is currently 72% occupied with 18 tenants.

THE LUCAS BUILDING

Building 29280 Euclid Ave,  Wickliffe OH 44092
Purchased April 2021
​
​Location
 
- 29280 Euclid Ave, Wickliffe, Ohio 44092
Key Characteristics 
  • The Lucas Building - Built in 1967
  • 17K SF retail/office/restaurant space
  • Improved occupancy from 38% to 92%
  • Increased rents for $6,800 to $14,200.
​​Scope  -  This Lucas Building was have vacant in the lower retail units and 7600 of vacant office space on the second level that needed a full remodel. It took 15 months to rehab the building is currently 100% occupied with 14 tenants.

EUCLID AVE

28833 Euclid Ave,  Wickliffe OH 44092
Purchased December 2020
Location - 28833 Euclid Ave, Wickliffe, Ohio 44092
Key Characteristics 
  • The Euclid Ave Building - Built in 1969
  • 8,800 SF retail/office space
  • Improved occupancy from 0% to 100%
  • Increased rents from $0 to $8,150
​​Scope of Work -  This 2-story building involved a complete rehab of of the first level office space and a complete build out of the unfinished lower level. It took 11 months after purchase to hit 100% occupancy with 6 tenants.

THE COBB STORM HOUSE

38021 Euclid Ave,  Willoughby OH 44094
Purchased October 2019

​Location - 38021 Euclid Ave, Willoughby, Ohio 44094
Key Characteristics 
  • The Cobb Storm House - Built in 1854 
  • 5,100 SF office budling
  • Improved occupancy from 0% to 100%
  • Increased rents from $0 to $5,420
​​Scope of Work -  This project included complete rehabilitation 5100 sq/ft of historic office space. We reworked the interior to accommodate up to 6 different tenants while giving it historical updates throughout.

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