Thursday, April 18, 2024

Progressive Insurance puts offices up for sale

Progressive Insurance’s offering puts a tremendous amount of office space on
the market, not just in Greater Cleveland but around the country, further straining
it and developers’ creativity on what do with it all. This is Progressive’s Campus 1
in Mayfield Village (Hines). CLICK IMAGES TO ENLARGE THEM.

Although the global insurance provider cautioned that this day was coming, it doesn’t make its arrival any easier. Mayfield Village-based Progressive Insurance has announced that it will offer for sale millions of square feet of office space here in Greater Cleveland and around the country. This comes at a time when nearly every office-based employer is shedding office space in favor of remote work, too.

READ MORE

No comments:

Post a Comment