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2020 Q2 Cincinnati Retail Report

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Cincinnati Retail Market Remains Steady

The Cincinnati retail market posted 235,165 square feet of positive net absorption during the second quarter of 2020 resulting in a 30 bps decrease in overall market vacancy to 7.6%. However, most of this gain can be attributed to non-traditional retail occupiers.

CIncinnati Retail Report

2020 Q2 Cincinnati Retail 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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Connor Fahrnbach

Brokerage Associate

Cincinnati

As a Brokerage Associate with Colliers International Greater Cincinnati, Connor Specializes in Retail Real Estate Solutions and Commercial Brokerage Services for his clients throughout Southwest Ohio and Kentucky. 

Connor joined Colliers in 2016 upon graduating from the University of Cincinnati and began his career as a Research Analysist.  As a part of the Research Team at Colliers, he was able to develop a sound understanding of the Ohio and Kentucky Retail Real Estate Markets, which played a fundamental role in his smooth transition into Brokerage. 

Connor focuses on the representation of predominant national, regional, and local retailers, restaurants, landlords, and developers.  He plays an integral part in the tenant representation approval or acquisition process by coordinating site selection, strategic planning, and negotiations.  His expert market knowledge is essential in assisting Landlords and Developers in their efforts to leverage or dispose of their real estate and achieve the best possible outcome

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Justin Rex

Brokerage Vice President

Cincinnati

After serving as a Research Analyst assisting brokers in the Greater Cincinnati market, I have transitioned into a Brokerage Vice President specializing in the retail sector.  I work with both property owners and tenants to provide value and market insight whether it is stabilizing a neighborhood center or locating the strongest position for their operation.  I dedicate myself to my clients in the areas of acquisitions, dispositions, leasing, development, zoning, and market analysis.

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Dustin Marks

Brokerage Vice President

Cincinnati

Dustin has 15 years of brokerage experience. He is focused on assisting nationally recognized brands with various real estate needs throughout Ohio & Kentucky. He is known for being a responsive, single point-of-contact for concepts that require in-depth knowledge of Columbus, Cincinnati, Dayton, Lexington, Louisville and the surrounding tertiary markets.   

In addition to site selection expertise, Dustin has experience with site disposition and sub-leasing for national tenants, including: Sam's Club, Beauty Brands, Captain D’s, Toys R Us and others. 

As a previous volunteer (2011-2019) with the International Council of Shopping Centers, Dustin served in several roles, including: Local, State and Central Division Next Generation Chair. In his most recent role as Central Division Chair he provided leadership, structure and support for ICSC NextGen Programs within a 12-state division.

Dustin a graduate of the University of Cincinnati’s Real Estate program, which has been ranked among the top 5 most influential real estate research institutions in the nation. He is also a member of the University of Cincinnati’s Real Estate Roundtable Program, Urban Land Institute and the Commercial Real Estate Council of Greater Cincinnati. 

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Catherine Williams

Director of Marketing & PR

Cincinnati

Catherine Williams started her career with Colliers International at the Greater Cincinnati & Dayton offices in 2017. Starting off as a marketing specialist and being responsible for establishing a strategic marketing plan for actively listed properties, developing property collateral, assembling presentations, and assisting in day-to-day administrative tasks. Catherine has since been promoted to the Director of Marketing and Public Relations based on her strong work ethic, team work performance and her commitment to the company.

As the Director of Marketing & Public Relations for the Greater Cincinnati and Dayton offices, Catherine has overall responsibility for the marketing and brokerage support teams. She oversees the strategic direction of marketing and public relations for all service lines delivery and corporate efforts. Catherine not only leads the development of the overall strategy for the firm but also leads the execution of it. She works in line and collaborates with the Director of Research, Loren DeFilippo, to maximize the impact of the regions research material for promotion of the offices and the Colliers brand as a whole. 

Catherine is what you would call a mediator and a defender- she is always eager to help a good cause and is very dedicated for the people she works with. She has always been one to include and relate to those around her; Catherine does not see the difference in others instead she recognizes and cultivates the potential in them.

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