A long-planned transportation project in one of the area’s largest office and industrial submarkets recently cleared a major hurdle as the Federal Highway Administration approved a new interchange along Interstate-75 in Liberty Township. With an estimated cost of$40 million and a multi-year construction timeline, the new exit would be located halfway between Cincinnati and Dayton. […]
The long-term vacancy growth trend in the Greater Cincinnati office market ended in the second quarter of 2022. Even though vacancy was nearly 300 basis points (bps) higher on a year-over-year (YOY) basis, the overall vacancy rate fell slightly from the prior quarter to 22.5% in Q2 2022.
Check out the Q2 2022 office space availabilities in Cincinnati’s CBD environment.
The first quarter of 2022 was the ninth consecutive quarter of increased overall vacancy in the Greater Cincinnati office market. Vacancy reached 22.7% in Q1 2022, the highest level seen in the market in nearly a decade. On a year-over-year (YOY) basis, vacancy increased by more than 300 basis points (bps). Vacant square footage available […]
The fourth quarter of 2021 marked the eighth consecutive quarter of increased overall vacancy in the Greater Cincinnati office market. Vacancy reached 21.6% in Q4 2021, a level last seen in the market in early 2018. On a year-over-year (YOY) basis, vacancy increased by more than 250 basis points (bps). Vacant square footage available for […]
Check out the Q4 2021 office space availabilities in Cincinnati’s CBD environment.