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Cresa Cincinnati
646 Main Street
Suite 300
Cincinnati, Ohio 45202
513.241.7373 tel
513.421.2111 fax
Email
Map/Directions

Contacts

Sean Mangialardo
Principal
Email
513.338.8104 tel

Cincinnati

Cresa Cincinnati is a global corporate real estate advisory firm that was first to market in exclusively representing office and industrial tenants throughout the Greater Cincinnati region, including Dayton, Columbus, Lexington and Louisville. Now, 23 years later, the advice received from the very experienced Cresa team continues to be always completely objective and conflict free, so you know that your best interest is our only priority.  With an average of 25 years experience, each advisor is well versed in strategic planning, market analysis, lease/purchase negotiations, and project management.

Our clients range from local startups to national, multi-site corporations.  Commercial users seeking to renew a lease, relocate, consolidate, expand, dispose of space, or purchase property should partner with an exclusive tenant advisor.  We are inspired by such a partnership – with our clients, business partners, consultants, and our community – and our focus is our promise to be a tenant’s advocate.

The metropolitan Cincinnati area boasts headquarters to nine Fortune 500 companies, over 400 international firms, and a wide variety of small businesses. This strong mix of companies and institutions encompass fields of advanced energy, aerospace, branding & creative services, chemistry & plastics, consumer products, distribution, education, finance, IT services, and life sciences. We take pride in being members of this community, which helps us in knowing the market, providing clients with our expert advice, and helping them transition seamlessly into new space. 

Mission

Our mission is to provide customized solutions exclusively for corporate space users by offering fully integrated services that align their real estate needs with their business plans, delivering maximum cost savings and exceeding expectations.

Vision

Our vision is to be the exception in the commercial real estate industry: A company that is service-oriented rather than transaction-oriented, with advisors who are client focused not deal focused. 

Values
We are guided by the concept, “Do the Right Thing,” both internally and externally. We will always do what is right for the client’s best interest and put that interest before our own. We treat our clients and employees with respect, dignity and fairness in all matters.

  • Overall Market

    4th Quarter 2016

    Supply
    39,893,712 SF
    Vacancy
    22.2%
    Absorption
    -453,486 SF
    Avg. Lease Rate
    $19.40
  • Blue Ash Submarket

    4th Quarter 2016

    Supply
    5,221,690 SF
    Vacancy
    24.5%
    Absorption
    -110,910 SF
    Avg. Lease Rate
    $19.75
  • CBD Submarket

    4th Quarter 2016

    Supply
    13,200,661 SF
    Vacancy
    19.3%
    Absorption
    57,134 SF
    Avg. Lease Rate
    $19.77
  • CBD Periphery Submarket

    4th Quarter 2016

    Supply
    2,104,828 SF
    Vacancy
    30.2%
    Absorption
    538 SF
    Avg. Lease Rate
    $18.18
  • East Submarket

    4th Quarter 2016

    Supply
    2,003,156 SF
    Vacancy
    24.6%
    Absorption
    -31,015 SF
    Avg. Lease Rate
    $17.50
  • Kenwood Submarket

    4th Quarter 2016

    Supply
    1,451,516 SF
    Vacancy
    14.1%
    Absorption
    -30,465 SF
    Avg. Lease Rate
    $26.38
  • Mason Submarket

    4th Quarter 2016

    Supply
    3,026,390 SF
    Vacancy
    25.3%
    Absorption
    58,816 SF
    Avg. Lease Rate
    $18.30
  • Midtown Submarket

    4th Quarter 2016

    Supply
    3,027,880 SF
    Vacancy
    10.4%
    Absorption
    39,663 SF
    Avg. Lease Rate
    $22.97
  • Northern Kentucky Submarket

    4th Quarter 2016

    Supply
    4,445,988 SF
    Vacancy
    24.4%
    Absorption
    -27,981 SF
    Avg. Lease Rate
    $20.62
  • Tri-County Submarket

    4th Quarter 2016

    Supply
    3,560,077 SF
    Vacancy
    29.3%
    Absorption
    -77,921SF
    Avg. Lease Rate
    $15.27
  • West Submarket

    4th Quarter 2016

    Supply
    215,049 SF
    Vacancy
    18.4%
    Absorption
    13,619 SF
    Avg. Lease Rate
    $17.45
  • West Chester Submarket

    4th Quarter 2016

    Supply
    1,636,477 SF
    Vacancy
    28.0%
    Absorption
    -19,642 SF
    Avg. Lease Rate
    $22.67

Market Insights

People

Zach Johnson Advisor 513.338.8101
Daniel Kiley Principal, Project Management 513.381.8011
Sean Mangialardo Principal 513.338.8104
Tom Neyer, Jr. Managing Principal 513.241.7373
Alan Piker Managing Principal 513.338.8100
Paul Poppleton Vice President, Project Management 513.381.8012
Carl Quesinberry Senior Advisor, Industrial Services 513.381.8013
Dan Silber Vice President 513.338.8004

News

Subleases & Sales

Property Available Space Rental Rate
Sublease: 250 West Court St.
Court Street Center
250 West Court Street
Cincinnati, OH 45202
Creative type space; mix of standard office and open workspace $17.50/RSF Full Service Gross
Sublease: 8250 Kenwood Crossing Way
8250 Kenwood Crossing Way
Cincinnati, OH 45236
Surgery center with four operating rooms and medical equipment/furniture sold/leased separately $16.00/RSF NNN; 3% annual escalations
Sublease: 225 Pictoria Dr.
225 Pictoria Tower
225 Pictoria Dr.
Cincinnati, OH 45246
Mix of standard office and classroom space $15.75-17.50/RSF
Sublease: Executive Centre 3
25 Merchant St.
Springdale, OH 45246
Mix of standard office and open workspace $14.50

Clients

Advantage Sales & Marketing Kalio
American Mortgage Maton Money
ANH Refractories MED3000
BAE Systems Mellott & Mellott, PLL
Barge, Waggoner, Sumner & Cannon Menasha Packaging Company
Beck Pearce Dental Miller Coors Brewing Company
Beckfield College Musillo Unkenholt
Belcan Inc. OI Partners
Bloomberg OMYA
Brixey & Meyer OSIS
The Business Backer Patterson Dental
Champion Windows Process Plus
Chubb Group of Insurance Companies Promark Company
CIMX RiverPoint Capital Management
Cincinnati Music Academy Scenario Learning
Clear Perspectives Financial Sweat Training
Contech Engineered Solutions Tetra Tech
Cooney Faulkner & Stevens, LLP TSC Apparel 
Council on Aging University of Phoenix
Coupsmart Unlimited Systems
Dental Care Plus Vaco Cincinnati
Distributor Partners of America (DPA)
Downlite
Oracle
EMC
EnosiX
Etegent Technologies
Foth
Goldenberg Schneider, LPA
Hamilton County Republican Party
Harvest Group
Harvey Whitney Books
Healthsource
Hill-Rom
Hilltop Research
Hobsons
Insight Direct USA
Intrinzic

Project Management

The Cresa Project Management Team manages the entire process for you – from workplace planning through design, construction, furniture procurement and relocation planning and management. We truly have an integrated business model. We collaborate with our real estate advisors through the entire process to make sure your needs are met every step of the way. Additionally, we make sure your project is delivered on time, within budget and to the desired specifications.

We ensure success by taking complete control of the following:

WORKPLACE PLANNING 

Develop a workplace strategy to right size your space and support your business objectives. Create space programming documents and test fit plans to see how your company fits within the building envelope. Create preliminary schedules and budgets after evaluating each potential site. Research and evaluate all options and objectives to help with your real estate decisions.

PROJECT TEAM COMPOSITION 

Competitively bid on all project vendors. This includes architects, construction managers, furniture vendors, audio visual, cabling, sound masking, security and relocation management. Customize each bid list based on the project size, scope and location to ensure building the most qualified team.

BUDGET 

Develop and manage all project budgeting, contracts and invoices. Monitor and control all spending for your project, proactively advising you on methods that can help create savings.

SCHEDULE 

Oversee the entire project schedule, informing you of key dates that involve the design, construction and vendor processes.

DESIGN 

Oversee the design professionals and process to assure that the team works toward common goals to value engineer your project from the start.

FURNITURE 

Oversee the design and procurement of all furniture purchased for the project. Determine if any existing furniture can be repurposed. Manage furniture vendors to confirm orders are placed according to the project schedule, deliveries are scheduled and installation is implemented according to plan.

CONSTRUCTION & VENDOR MANAGEMENT 

Manage all vendor contracts and schedules to confirm all trades are coordinated properly for a seamless delivery. Oversee the construction team to ensure construction documents are adhered to.

RELOCATION PLANNING & MANAGEMENT 

Implement your entire move, plan the transition, coordinate internal committees, hire the mover and provide 24/7 move coordination, so that your employees can keep working with few limited distractions.