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2022 Q2 Retail Cleveland Report Colliers

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The Cleveland retail market underperformed slightly, recording a negative net absorption of 12,926 SF. Vacancy did not experience any fluctuation staying at 8.5%. Developments totaling 301,308 SF are currently in the pipeline.

 
 

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2022 Q2 Retail Cleveland Report Colliers

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Chris Seelig

Senior Vice President

Cleveland

Chris Seelig is a Senior Vice President and Principal with Colliers International, a global real estate organization with more than 450 offices worldwide. 

Mr. Seelig, who joined Colliers International in 2013, oversees the Retail Services Group at the Cleveland office. Specializing in retail tenant representation, landlord representation and restaurant leasing throughout Ohio, Chris has personally participated in and managed over 675 sale and lease transactions, with an aggregate value in excess of $375 million. With more than 20 years of experience representing both landlords and tenants, Chris has handled assignments throughout Ohio and the Midwest. His experience includes investment sales, land assemblage, corporate dispositions, REO properties, zoning and development. 

 

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Mark Abood

Senior Vice President

Cleveland

I am a licensed real estate salesperson, licensed attorney and licensed auctioneer with a multidisciplinary background in legal, commercial real estate, finance, leasing, due diligence, construction, government, planning, zoning and consulting. Additionally, I have served as court appointed receiver or agent to receiver in 12 Ohio counties and in Federal Court.  Those companies seeking a professional to handle all aspects of a complex commercial real estate assignment would be well-served by engaging me and my team of real estate professionals at Colliers International. Careful, thorough analysis and creative problem solving skills coupled with a balanced approach to negotiations are some of the dynamic attributes I possess when representing clients of the firm.

I am a frequent lecturer on topics of commercial real estate and auction law with appearances on all major Cleveland news stations,  The O'Reilly Factor, Plain Dealer, Crain's Cleveland Business, and other local media.  I have authored numerous articles relating to the state of commercial real estate.

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Lauren White

Senior Associate

Cleveland

Lauren White is a Senior Associate  with Colliers, a global real estate organization with more than 450 offices worldwide. 

Ms. White has more than 11 years of experience in the commercial real estate industry with time spent in landlord leasing, tenant representation, development, and property management. Lauren's current area of expertise is landlord representation,  working with valued owners to strategically market and stabilize their assets throughout northeast and central Ohio. Lauren also spends time on key tenant accounts, assisting with market rollout and multi-site acquisition strategies  and quarterbacking the transaction process from LOI to occupancy. 

In her time at Colliers, Lauren has been actively involved in over 300 transactions in excess of 1,600,000 SF. 

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Fabi Miller

Vice President

Cleveland

Fabi Miller is a Vice President with Colliers,  a global real estate organization with more than 450 offices worldwide.

Fabi joined Colliers  in 2020, working with the Retail Services Group at the Cleveland-Akron office. She has over 15 years of experience in the commercial real estate industry, with over 10 of those years spent in the private sector. With a  multidisciplinary background in  development  and leasing of mixed-use projects  and lifestyle centers in urban, suburban  and university settings, she is well versed and skillful in working with landlords and tenants throughout several phases of the real estate development and leasing cycles, including due diligence, acquisition, zoning, construction, lease negotiation, tenant coordination and property management. 

During her years  in real estate, she has travelled extensively, gaining valuable market knowledge  while handling leasing assignments throughout Ohio,  Kentucky, Pennsylvania, Upstate New York, Nebraska, and Iowa.  She specializes in retail  leasing and hospitality and participated in the redevelopment and leasing of historic Flats East Bank Phase I & II,  Kenwood Collection,  The Shoppes at Parma,  Shadow Lake Towne Center, College Town Rochester & Medical Center, and several other  mixed-use developments at University Campuses,  totaling  over $1 billion  in new construction.

Currently, Fabi is representing  Charley's, Souper Market, Taqueria Cilantro, Hooptech, Rite Cleaners  and The Spanish American Committee on the tenant side; as well as, working with her partner on the  Goodwill, The Joint and GrowGen  accounts  throughout  OH.   As for the landlord side, she is  working on several  assets including neighborhood shopping  centers, urban retail spaces and on the sale and leasing single tenant  properties.

 

 

 

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