Market Reports

Market Reports

Newmark Research prepares insightful quarterly market reports on major office and industrial markets across the United States.

Cleveland Market Reports

Office and Industrial

Cleveland Industrial Market

  • Average Asking Rent (Price/SF): $5.88/SF
  • Vacancy Rate (%): 5.2%
  • Quarterly Net Absorption (SF): -2.8 million SF
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2Q25: Cleveland Industrial Market Report

Cleveland Office Market

  • Average Asking Rent (Price/SF): $20.99/SF
  • Vacancy Rate (%): 23.1%
  • Quarterly Net Absorption (SF): -131,373 SF
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2Q25: Cleveland Office Market Report

Columbus Market Reports

Office and Industrial

Columbus Industrial Market

  • Average Asking Rent (Price/SF): $6.11/SF
  • Vacancy Rate (%): 8.7%
  • Quarterly Net Absorption (SF): 205,013 SF
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2Q25: Columbus Industrial Market Report

Columbus Office Market

  • Average Asking Rent (Price/SF): $21.77/SF
  • Vacancy Rate (%): 21.4%
  • Quarterly Net Absorption (SF): 317,185 SF
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National Market Reports

Office and Industrial

National Industrial Market

  • Average Asking Rent (Price/SF): $10.24/SF
  • Vacancy Rate (%): 7.0%
  • Net Absorption (SF): 57.6 Million
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1Q25: National Industrial Market Report

National Office Market

  • Median Asking Rent (Price/SF): $38.00
  • Vacancy Rate (%): 20.4%
  • Net Absorption (SF): -729,411
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1Q25: National Office Market Report