.ashx?bid=4a2e5ebb5bdb40cab633b8e28e053c66)
Office and Industrial Market Report
2020 2Q Cincinnati Industrial Market
The outbreak of the COVID-19 pandemic and resulting
government-mandated shutdowns and economic fallout
combined to introduce uncertainty to the Cincinnati industrial
market. However, many trends, including the acceleration
of ecommerce activity and rapidly evolving supply chain
diversification strategies, lead many to forecast a spike in
demand for industrial real estate for the next two to five years.
Click here to read the full 2Q 2020 Industrial Report
2020 2Q Cincinnati Office Market
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%.
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%.
Click here to read the full 2Q 2020 Office Report
For more information contact:
Loren DeFilippo Director of Research | Ohio [email protected]
