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): $4.99
- Vacancy Rate (%): 4.2%
- Net Absorption (SF): 804,819
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1Q23: Cleveland Industrial Market Report
Cleveland Office Market
- Average Asking Rent (Price/SF): $18.82
- Vacancy Rate (%): 19.8%
- Net Absorption (SF): -606,389 SF
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Columbus Market Reports
Office and Industrial
Columbus Industrial Market
- Median Asking Rent (Price/SF): $4.83
- Vacancy Rate (%): 2.31%
- Net Absorption (SF): 1,737,650
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Columbus Office Market
- Median Asking Rent (Price/SF): $21.34
- Vacancy Rate (%): 19.7%
- Net Absorption (SF): -447,023
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National Market Reports
Office and Industrial
National Industrial Market
- Average Asking Rent (Price/SF): $9.56
- Vacancy Rate (%): 3.7%
- Net Absorption (SF): 101.3 Million
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National Office Market
- Median Asking Rent (Price/SF): $31.09
- Vacancy Rate (%): 17.4%
- Net Absorption (SF): -12,760,931
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