Cleveland Medical Mart & Convention Center Update

Medical Mart Receives 32nd Signed Letter of Intent for Permanent Showrooms


Cleveland Medical Mart & Convention Center announced earlier today that it has received its 32nd signed letter of intent (LOI) for permanent showroom tenants in the Medical Mart, along with 16 LOIs for conferences, conventions, and trade shows. Both numbers represent significant LOI increases from a June announcement highlighting 24 permanent showrooms and 12 conferences, conventions, and trade shows. 

“The Medical Mart concept is resonating strongly with medical manufacturers and suppliers,” said Mark Falanga, MMPI senior vice president. “Knowledgeable industry leaders have also responded enthusiastically about displaying their products in Cleveland and Northeast Ohio, the nation’s medical capital and a globally-recognized center for medical innovation and technology.”

Cleveland Medical Mart & Convention Center, headquartered in the Penton Media Building in downtown Cleveland, is scheduled to break ground later this year with an opening date in 2013.

“The rapidly-growing number of signed letters of intent showcases a belief in this center for medical education and innovation, integrating world-class trade show and conference facilities with permanent showrooms in a single structure designed specifically for the medical industry,” said Falanga. “Cleveland Medical Mart & Convention Center represents a new concept for the medical industry but is based on the successful MMPI business model as the world’s largest owner and operator of showroom buildings and trade show facilities.”

Cleveland MMCC will bring physicians, nurses, technicians, and other medical professionals to one location with facilities designed to host continuing medical education programs, conferences, and conventions alongside permanent showrooms. The integrated showroom model will create economic efficiencies and operational savings for permanent showroom tenants and will provide additional conference programming and exhibitor opportunities.

About MMPI
MMPI is a trade show and property management firm, specializing in managing buildings devoted to wholesale showrooms and commercial office space. MMPI produces more than 300 trade shows, market events and conferences each year. MMPI manages The Merchandise Mart and 350 West Mart Center in Chicago; Market Square, the Suites at Market Square, Hamilton Market, Plaza Suites, Furniture Plaza and the National Furniture Mart in High Point, N.C.; the Architects & Designers Building, 7 W New York, and Piers 92 & 94 in New York City; the Boston Design Center in Boston; the L.A. Mart in Los Angeles; the Washington Design Center in Washington DC.