 |
| Located in Cleveland’s Gordon Square neighborhood west of downtown, the newly built, market-rate, mixed-use Welleon is almost fully leased after opening less than a year ago (Welleon.com). CLICK IMAGES TO ENLARGE THEM. |
It used to be rare to see a newly constructed Cleveland apartment building filling out at rents of more than $2 per square foot and leasing out in less than two years. But those were the old days — “way back” in the 2010s. Today, it’s common to see luxury buildings, even those that are not downtown skyscrapers, rent out in a year or less. But not at the rents Welleon just commanded.
No comments:
Post a Comment