Team NEO and partners – including The Fund for Our Economic Future, Cuyahoga County, Summit County, the City of Akron, the City of Cleveland and the Greater Akron Chamber – have selected the team of Allegro Real Estate Brokers & Advisors, Verdantas, McCabe Companies, and Chicago Title to conduct site assessments and development analysis in Cuyahoga and Summit Counties.

Team NEO requested proposals for a third-party real estate consulting team as part of one of its core strategies to grow a robust, dynamic inventory of attractive sites that will enable the Northeast Ohio Region to be more competitive and offer more equitable opportunities when competing for strategic business investment projects.

The team selected was chosen for their more than 15 years of experience working together to develop real estate strategies that support economic development.

“This team has completed similar projects with a similar scope of work for a wide range of organizations,” said Team NEO Chief Executive Officer Bill Koehler. “Their collective knowledge and proven, data-driven methodology make us confident we will successfully identify many high priority sites and a clear implementation plan that will make Northeast Ohio more effective in attracting strategic business investment.”

The team will provide a recommendation by 2Q 2023. This analysis will enable the team to confidently pursue the opportunities that best align with the economic development goals of Cuyahoga and Summit Counties.