Monday, September 18, 2023

Big-name downtown tenants are on the move

Bedrock Real Estate’s red-outlined first phase of its downtown Cleveland
riverfront development has a roughly 20-story office building in the middle
of it that reportedly would feature Rocket Mortgage as its anchor tenant.
 The mortgage firm currently has 1,400 jobs in the Higbee Building
(Adjaye Associates). CLICK IMAGES TO ENLARGE THEM.

Several major downtown Cleveland tenants are in the market for new homes and where they land could shake up the office market in the central business district. The moves come at a time when many companies are shrinking their office footprints and downtown office building owners are fighting to keep what tenants they have. Interestingly, several major tenants that are on the move are looking for larger space than what they have now.

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