City of Cleveland occupies 60% of GLA – Moody’s
Rating of Aa3
City of Cleveland has 6+ years remaining on lease term and a
long history at the property
7-story office building located in Downtown Cleveland’s
financial district with major multi-use conversions underway
nearby
Nearly $2M in upgrades since 2020
Steady income stream but value-add component with top 2 floors
(38,000+ sf) available for lease
No Tenant missed any rent payments during pandemic
City of Cleveland has been full staff in office since June of
2020 and has absorbed an additional 14,052 square feet since the
pandemic began
Recent upgrades include complete renovation of 1st
floor lobby, new common areas, and completely redesigned elevator
cars
The building has direct underground parking access via heated
and covered walkways to 2 large attached parking structures and is
a short walk from several surrounding garages and surface lots