“The idea of bringing something to Cleveland that hasn’t been done before is compelling.””-James Kassouf
Longtime parking lot owner-operator and downtown Cleveland property investor, James Kassouf has an abundance of experience in real estate development. Not only has he become a recognized name in the Cleveland area, but James Kassouf has steadily become prominent developer overseas as well.
James Kassouf and his family have nearly 40-year history operating parking lots in downtown Cleveland. For many years, James Kassouf has run Metro Parking Systems, which operates a large parking lot overlooking the lakefront between West Third and West Sixth streets, and others. More recently, James Kassouf and the family have been working on a Class A office tower that has residential, fitness, retail, dining, entertainment and parking components all in one project. The property also includes a 421-space parking garage underneath the complex.
Apart from Metro Parking Systems, James Kassouf also heads KRA Management, a family owned and operated real estate development and property management business that was founded in 1972. The Kassouf family has come to own over 20 acres of real estate in Downtown Cleveland, a chain of gas stations, approximately 1.33M sf of retail, and multiple office buildings in Downtown Cleveland. Metro Parking System’s, an affiliate of KRA, has been an industry leader since 1972. Through its history, Metro Parking Systems has operated more than 51 parking lots and garages with over 12,000 parking spaces across 4 states.
A native to the Cleveland area, James Kassouf has always been passionate about restoring his hometown. Having witnessed the city be developed first hand, James Kassouf and his family have made it their mission to preserve the city that they, like many others, have grown to love. More recently, the Kassouf family has expanded their talent overseas working on several real estate development projects in various countries.