Reports

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): $4.99
  • Vacancy Rate (%): 4.2%
  • Net Absorption (SF): 804,819
________________________________
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
________________________________

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

_______________________________

Columbus Office Market

  • Median Asking Rent (Price/SF): $21.34
  • Vacancy Rate (%): 19.7%
  • Net Absorption (SF): -447,023
________________________________

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
________________________________

National Office Market

  • Median Asking Rent (Price/SF): $31.09
  • Vacancy Rate (%): 17.4%
  • Net Absorption (SF): -12,760,931
________________________________