Thursday, May 30, 2024

Downtown’s 800 Superior for sale, big tenant leaving

Through its owners rep, National General Insurance announced today that it will not
seek a renewal of its office lease with an Allstate affiliate that owns the 23-story 800
Superior building. Allstate owns National General and is putting the building up for
sale. It's the latest shake-up of the office market in Downtown Cleveland and
nationwide in the wake of the pandemic that introduced many to remote
working (CBRE Cleveland). CLICK IMAGES TO ENLARGE THEM.

Today, CBRE Cleveland announced that is listing the 23-story 800 Superior office tower in Downtown Cleveland for sale and said one of the property's largest tenants, National General Insurance likely will not renew its lease at the building when it expires in two years. Meanwhile a spokesman for insurer AmTrust Financial, which is the building's other large tenant, said it intends to stay at the building. Both companies have naming rights on the building.

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