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2020 Q2 Office Cincinnati Market Report

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2020 Q2 Office Cincinnati Market Report

The Cincinnati office market posted a loss during the second
quarter of 2020 of approximately 135,000 square feet as market
activity took a pause during the statewide quarantine imposed
due to the COVID-19 pandemic in mid-March. As a result, overall
market vacancy increased by 20 basis points (bps) to 14.2%.

Cincinnati Office Report

2020 Q2 Office Cincinnati Market Report

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Loren DeFilippo

Senior Customer Success Lead

Cincinnati

Loren oversees all  research activities for Colliers'  Ohio markets including, Cincinnati, Cleveland, Dayton and Akron/Canton.  His responsibilities include the collection, aggregation and analysis of data regarding office, industrial, retail and  multifamily asset classes, along with capital markets.  He prepares reports documenting current economic and commercial real estate market  conditions and provides forecasts to assist brokers  and clients in making informed business decisions. A firm believer in the power of knowledge, Loren utilizes research as a marketing tool in conjunction with the firm's marketing and business development efforts. Loren leverages  his 30+ years of career experiences as an architect, a broker specializing in the leasing and sale of office properties and market researcher to accelerate the success of our brokers, clients and stakeholders.

 

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