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2020 Q2 Dayton Retail Report

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Dayton Retail Market Takes a Pause

During the second quarter of 2020, the Dayton retail market recorded virtually no change in occupancy leaving the overall market vacancy rate at 10.7%. This is an increase of 140 basis points since the beginning of the year due to the first quarter’s loss.

Dayton Retail Report

2020 Q2 Dayton Retail Report

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Related Experts

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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Todd Cochran

Brokerage First Vice President

Dayton

I am proud to represent Industrial landlords and tenants in the Greater Dayton market on behalf of Colliers.  I started my career in commercial real estate a few years out of college at a regional firm in Dayton.  There I began to learn what it takes to achieve the most success for my clients.  A few of the necessities are attention to detail, approaching each project with enthusiastic energy, truthfulness at all times and an exceptional work ethic.

As a lifelong Dayton resident, I know the market and people very well.  Strong relationships and market knowledge are two areas that require constant attention.  Colliers Research provides me up to date information on the overall market, but it is through my relationships and every day practice that I discern the micro-trends in the Dayton region.  Whether I am advising a landlord or tenant, I am confident I can provide the best information as they go through the decision making process, resulting in the most favorable transaction terms.

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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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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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