Market Insights Commercial Real Estate Agents

Office Locations

Greater Cincinnati

425 Walnut Street
Suite 1200
Cincinnati, OH 45202

Tel: +1 513 721 4200
Fax +1 513 721 0630

Greater Cleveland

200 Public Square
Suite 1200
Cleveland, OH 44114

Tel: +1 216 239 5060
Fax: +1 216 404 2474

Greater Columbus - downtown

2 Miranova Place
Suite 900
Columbus, OH 43215

Columbus - suburban 

8800 Lyra Drive
Suite 650
Columbus, OH 43240

Tel: +1 614 436 9800
Fax +1 614 436 9700

Dayton Office

10 West Second Street
Suite 200
Dayton, OH 45402

Tel: +1 937 449 0997
Fax: +1 888 812 7963

Contact Us

Market insight is the essential ingredient in all of the services we offer.

We monitor trends and make projections to help you make critical decisions. Our researchers continuously source and analyze data in every major global market, helping you adapt to drivers outside your industry and region that could impact your business. Colliers in Ohio is dedicated to helping our clients understand the basics like absorption, vacancy rates and demand, as well as broader economic and commercial real estate trends that affect Cincinnati, Cleveland, Columbus, Dayton, Ohio and the rest of the region.

Recent Ohio Reports

Q3 2016 Cleveland Retail Market Report

Northeast Ohio continues to benefit from an increasingly diverse economy, above average income growth and a highly educated workforce. Retailers have taken notice and over the past two years, have occupied nearly 1.5 million square feet of vacant space. As retailers respond to the changing habits and demands of the U.S. consumer, the local retail market is expected to continue to grow at a modest pace going forward.

Q3 2016 Cincinnati Office Market Report

Year to date, the Cincinnati office market has recorded its strongest performance since 2007 - the last time total net absorption topped one million square feet. As of the end of the third quarter, net absorption equaled nearly 1.5 million square feet. Vacancy, after peaking near 22 percent in 2010, has plummeted to 14.3 percent as nearly four million square feet of positive net absorption has been recorded over that time period.

Q3 2016 Columbus Industrial Market Report

During the third quarter –with the help of Amazon, who completed two fulfillment centers in the region– Central Ohio posted 2.9 million square feet of net absorption, pushing the overall vacancy rate lower to 5.7 percent – a 57 basis point reduction from the same quarter last year. Consumer preferences toward click-to-knock delivery methods have proved beneficial for modern bulk warehouses, especially near metropolitan areas and distribution hubs.

Q3 2016 Dayton Industrial Market Report

The Dayton industrial market posted positive net absorption of 671,000 square feet during the third quarter, decreasing the overall market vacancy by 60 basis points to 6.3 percent. Since the beginning of the year, occupancy has increased by 1.35 million square feet and vacancy has fallen by full percentage point, while asking rents have increased 4.6 percent, year-over-year.

Ohio Multifamily Report - 1H 2016

Since the end of the last recession, the U.S. apartment market has rebounded the strongest of all commercial real estate asset classes, leading some to speculate that the sector is at or near its cyclical peak. True, there are signs of moderation. After two years of torrid rent growth, the year-over-year increase as of May 2016, decreased slightly to 6.0 percent, with forecasts calling for an annual increase in the four to five percent range by the end of 2016. This is a more sustainable pace, which should also assist n maintaining current levels of demand as household formation continues to increase.

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