Skip to main content Skip to footer

Cincinnati Industrial 22Q2 Report

Download Report
alt=""

Strong Demand Continues to Drive Unprecedented Activity

As the Greater Cincinnati industrial market seemed to have hit its peak during the first quarter of 2022, sustained demand pushed the market even higher for another record-breaking quarter.

  • Quarterly net absorption increased to 3.6 million square feet, a 10% quarterly increase.
  • The overall market vacancy rate decreased by 100 basis points to a record low of 2.3%
  • Overall average asking rates increased by 4.7% resulting in a YOY increase of 16.8%.
  • Construction activity rose to record levels with 11.4 million square feet of space under construction despite significant developable land constraints.

alt=""

Cincinnati Industrial 22Q2 Report

Download Report
Related Experts

Brent Ludy

Research Manager

Cincinnati

View expert