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By John Schenk and Parker Gilmore, CBRE For two decades, Cincinnati did not see many new apartment projects built compared with its peer cities, with annual deliveries trickling along at roughly 965 units between 2000 and 2020, while merchant builders showed a preference to Columbus or Indianapolis for their…
By Kimm Lauterbach, REDI Cincinnati Shaped by its strong German heritage, brewing tradition and historic role as the nation’s pork-processing capital, earning the nickname “Porkopolis,” the Cincinnati region has long been defined by industry, entrepreneurship and innovation. That legacy of reinvention has…
Home prices rose 0.3% in June, tied with May for the fastest growth since the start of 2026. Prices rose 3% on a year-over-year basis–the fastest growth rate in 10 months. Prices rose in 30 major metros month over month, with the biggest increases in Columbus (1.2%), Miami (1.1%) and Cincinnati (1%). This is based…
Cleveland’s Midline project pioneers a new district-scale model to transform vacant industrial brownfields into hubs for advanced manufacturing and good jobs.
Home prices rose 0.3% month over month on a seasonally adjusted basis. Prices rose 2.5% on a year-over-year basis–the fastest growth rate in six months. On a local level, prices rose in 29 major metros month over month, with the biggest increases in Cleveland, Providence and New York. This is based on the Redfin…
Cleveland's industrial market entered 2026 with a 3.9% vacancy rate and asking rents of $5.80 per square foot, having experienced four consecutive quarters of rising vacancy from 2.8% at end-2024, reflecting a market settling into a healthier equilibrium. The market recorded 133 total leases in Q1 2026 (109 new deals totaling 1.49 million square feet and 24 renewals of 417,217 square feet), nine construction completions delivering 362,000 square feet, and 1.34 million square feet remaining under construction with anticipated deliveries in subsequent quarters.
This is a market report published by Colliers in Q1 2026 covering the office sector in Cleveland, Ohio and national markets.
This is a market report published by Colliers in Q1 2026 covering the retail sector in Northeast Ohio, with a focus on the Cleveland area.
This is a first-quarter 2026 industrial market data report published by CBRE covering Cincinnati, Ohio in relation to national markets.
This is a data report published by CBRE on March 31, 2026, presenting office sector figures for Columbus, Ohio for the first quarter of 2026.
This Cushman & Wakefield MarketBeat report analyzes the Cincinnati industrial real estate market in Q1 2026, finding that overall vacancy fell to 5.4% with year-to-date net absorption reaching 2.7 million square feet—a multi-year high—while the overall asking rent remained essentially flat at $6.35 per square foot. Key tenants including Walmart (1.2 million square feet at C5 Encore Logistics Center) and DB Schenker Logistics drove demand, and Greater Cincinnati ranked in the top 10 of the largest U.S. metropolitan areas for new corporate investment projects according to Site Selection Magazine.
Cushman & Wakefield's Cincinnati Office MarketBeat for Q1 2026 reports that Greater Cincinnati's overall office vacancy rate stood at 25.6% with negative net absorption of 13 square feet, while the overall asking rent across all classes was $20.81 per square foot, representing a slight year-over-year increase. Key transactions included Taft Law's relocation and Paycor's occupancy of a newly constructed 44,000-square-foot headquarters, with leasing activity at 196,000 square feet down 34% year-over-year.
This is a market report published by Colliers in March 2026 covering the industrial sector in Columbus, Ohio, with reference to national markets.
This is a quarterly data and figures report published by CBRE on March 31, 2026, covering the office sector in Cleveland, Ohio with reference to national markets.
Greater Columbus's industrial market achieved a 5.2% vacancy rate in Q1 2026 with net absorption of 2.1 million square feet year-to-date, while asking rents averaged $6.34 per square foot despite a 1.6% year-over-year decline. Key transactions included an undisclosed e-commerce company's purchase of the 1.1 million square foot West Jefferson Logistics Center for $96 million and Crane Logistics' 509,000 square foot lease at Pickaway County, with 418,000 square feet of new construction delivered in the quarter.
This is a data and figures report published by CBRE on March 31, 2026, presenting first-quarter 2026 industrial market metrics for Cleveland, Ohio with national context.
This is a commercial real estate market report published by Colliers in March 2026 covering the office sector in Columbus, Ohio. The report represents first-quarter 2026 analysis and is part of broader national market coverage.
This is a data and figures report published by CBRE on March 31, 2026, presenting office sector figures for Cincinnati in the first quarter of 2026.
Cleveland's retail market in Q1 2026 maintained a 5.1% vacancy rate supported by limited new construction and tight supply, though demand softened with negative absorption of 623,000 square feet and rent growth moderated to 0.7%. Investment activity strengthened with sales volume reaching $140 million, as investors focused on grocery-anchored centers and net lease assets offering stable income despite broader economic uncertainty and demographic headwinds.
The Cushman & Wakefield MarketBeat report on Columbus office markets for Q1 2026 shows that overall office vacancy decreased to 23.1% year-over-year, with positive net absorption of 31,000 square feet and asking rents rising 4.2% to $22.45 per square foot across all property classes. Greater Columbus ranked in the top 10 of U.S. metropolitan areas for economic development projects with 83 total projects underway, while the regional unemployment rate stood at 4.2% as of Q4 2025.
Cushman & Wakefield's Q1 2026 Cleveland office market report indicates overall vacancy remained flat at 10.9% with net absorption of negative 481,804 square feet, reflecting continued tenant downsizing despite solid leasing activity, while asking rents declined slightly to $19.42 per square foot overall with Class A rents rising to $21.73 per square foot. Transaction activity in Q1 included 98 sales totaling 2.77 million square feet led by the 640,736-square-foot auction of 6300 Wilson Mills Road, and 197 leases totaling 638,599 square feet with 61 percent of deals under 2,000 square feet, concentrated among smaller tenants.
This is a multifamily market report published by Colliers in the first quarter of 2026 covering the Cleveland, Ohio market and national multifamily sector trends.
The Cincinnati/Dayton retail shopping center market experienced rising vacancy that reached 7.0% in Q1 2026, an 80-basis point year-over-year increase, with negative net absorption of 206,000 square feet and asking rents averaging $12.86 per square foot triple net annually. Economic indicators for the region included a 4.3% unemployment rate, 0.5% population growth, $83,609 median household income, and 2.2% GDP growth, while Greater Cincinnati ranked in the top 10 largest U.S. metropolitan areas for economic development projects with 110 total projects underway.
The Columbus multifamily market in Q4 2025 recorded a vacancy rate of 10.6% (a recent high, up 140 basis points year-over-year) and an effective rent of $1,346 per unit monthly, with 2025 marking a record-breaking delivery year of nearly 9,500 units despite more than 11,000 units remaining under construction. Net absorption for 2025 totaled more than 5,800 units (the second-highest on record), while Greater Columbus ranked 7th nationally on RentCafe's 2025 livability index and maintained a 4.6% unemployment rate equivalent to the national average.
Columbus's retail market maintained historically tight fundamentals in Q4 2025 with 3.0% vacancy and 423,000 square feet of absorption despite retailer bankruptcies and big-box relocations, supported by strong population growth and limited new supply of only 361,000 square feet under construction. Rent growth moderated to 3.8% year-over-year at $20.28 per square foot, while investment sales totaled $132 million at $157 per square foot with an 8.3% cap rate, reflecting stable investor demand anchored by constrained availability and durable demand drivers from the region's diversified economy and major new manufacturing investments.
Columbus's multifamily market reached a two-decade high vacancy rate of 9.9% in Q4 2025 as new supply deliveries increased 41% year-over-year while average asking rents stalled at approximately $1.4K per unit with flat quarterly growth of 0.4%. The report identifies elevated mid-priced Class B deliveries in suburban submarkets, particularly Delaware County, as the primary driver of competitive pressure, while noting that the slowing construction pipeline and expected sharp decline in 2026 deliveries may improve market balance.
Cushman & Wakefield's Q4 2025 Cincinnati multifamily market report shows vacancy reached 8.1% (the highest level since 2005, up 60 basis points year-over-year), while effective monthly rent stood at $1,400 per unit (a 2.3% year-over-year increase). The market delivered 2,886 units in 2025 with 4,250 units under construction, marking the 16th consecutive year of positive net absorption at 2,374 units for the year-to-date period.
This is a retail market report published by Colliers at the end of 2025 covering the Columbus, Ohio market. The report presents fourth-quarter 2025 data and analysis for the retail sector in that geography.