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COLUMBUS, OHIO — Trident Capital Group and O’Connor Capital Partners have closed a joint venture with Clarion Partners for the third phase of Rickenbacker Industrial Center in Columbus. The 959,579-square-foot speculative industrial facility will be located at 1669 Rohr Road. Construction has begun, and completion…

COLUMBUS, OHIO — The NRP Group has broken ground on OSU East, a 336-unit community in Northwest Columbus. The project is situated on a 27.5-acre site on West Dublin Granville… The post The NRP Group Breaks Ground on OSU East Alongside For-Sale Development in Columbus, Ohio appeared first on Multifamily & Affordable…

Trident Capital Group and O’Connor Capital Partners announced the closing of a joint venture with Clarion Partners for the next phase of its Rickenbacker Industrial Center, a 959,579 square-foot speculative industrial facility located at 1669 Rohr Road in Columbus, Ohio. The partners also announced that…

COLUMBUS, OHIO — The NRP Group has broken ground on OSU East, a 336-unit apartment development in Northwest Columbus. The project marks NRP Group’s first market-rate community in Columbus. The 27.5-acre development site on West Dublin Granville Road will also include 138 for-sale townhomes developed by M/I Homes of…

The NRP Group announced the groundbreaking of OSU East, a 336-unit housing community in Columbus, Ohio. OSU East marks The NRP Group’s first market-rate community in Columbus. The project is situated on a 27.5-acre site on West Dublin Granville Road that will include an additional 138 for-sale townhomes developed…

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…

Brooklyn-based Terra Developers has made a $28 million residential redevelopment play for 500 Columbus Avenue on Manhattan’s Upper West Side. The 35,300-square-foot mixed-use building was sold to Terra by longtime owner CKMR Corporation, formerly Sloan’s Supermarkets, according to property records filed Friday. The…

Associated Bank announced the completion of a $6.98 million term loan to Transport Properties and GFH Partners to finance a 75,250-square-foot industrial building located at 3003 Etna Parkway in Pataskala, Ohio, 20 miles west of Columbus. The building, completed in 2022 and leased to Thayer Power & Communication,…

CANAL WINCHESTER, OHIO — Opus has broken ground on Canal Crossing Commerce Center, an 898,500-square-foot, three-building speculative industrial facility on 72 acres in the Columbus suburb of Canal Winchester. The project site is three miles from I-270, five miles from Rickenbacker International Airport and 10…

PATASKALA, OHIO — Associated Bank has provided a nearly $7 million loan to Transport Properties and GFH Partners to finance a 75,250-square-foot industrial building in Pataskala, about 20 miles west of Columbus. The property, completed in 2022 and leased to Thayer Power & Communication, is situated on 20 acres that…

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…
COLUMBUS, OHIO — Caddell Construction has opened a new corporate office in Columbus within Grandview Yard. Despite launching its first corporate office in the state, the company is not new to Ohio — its first job dates back to 1989. The move comes as Caddell continues to experience significant growth across Ohio…

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 is a market report published by Colliers in March 2026 covering the industrial sector in Columbus, 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 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.

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.

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.

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.
Five 9s Digital sold its Columbus, Ohio data center to the facility's long-term tenant, which exercised its purchase option after nearly a decade, closing in March 2026; the buyer's identity and price were not confirmed in available sources.