Tuesday, February 4, 2025

Canon Healthcare USA picks Cleveland for HQ

The vacant former IBM Explorys headquarters at Cedar Avenue and East 105th Street
will be acquired by Canon Healthcare USA for its new headquarters. This acquisition,
in partnership with the Cleveland Clinic and others, represents a first step toward a
lot more investment in the surrounding area, including advanced manufacturing
(Google). CLICK IMAGES TO ENLARGE THEM.

Over the past several years, Canon Healthcare USA was considering multiple locations inside and out of Greater Cleveland for its new headquarters. While most real estate insiders believed it would land at the former IBM Explorys headquarters, 10500 Cedar Ave., in Cleveland’s University Circle, it was not a done deal. With the city’s passage of a job creation income tax credit last night, it now appears to be.

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