Take a look at our current office agency leasing availability in Cincinnati and Northern Kentucky.
For the first time in six quarters, the overall office vacancy rate in the Greater Cincinnati market decreased on a quarter-by-quarter (QOQ) basis. In Q1 2024, the vacancy rate was 25.2%, which was a 100-basis point (bps) increase on a YOY basis, but a 20 bps decrease from the prior quarter. The YOY change was […]
Check out the Q4 2023 office space availabilities in Cincinnati’s CBD environment.
The overall office vacancy rate in the Greater Cincinnati market has increased continuously for past five quarters, passing the 25.0% threshold in the process. In Q4 2023, the vacancy rate was 25.4%, which was a 300-basis point (bps) jump on a year-over-year (YOY) basis. The YOY change was due almost entirely to vacancy increases in […]
The overall office vacancy rate in the Greater Cincinnati market has increased steadily over the past four quarters, setting new record highs in the process. In Q3 2023, the vacancy rate reached a new record-high at 25.7%, which was a 290-basis point (bps) jump on a year-over-year (YOY) basis. While the vacancy increase was spread […]
For the fourth consecutive quarter, the overall office vacancy rate in the Greater Cincinnati market exceeded the 22.0% threshold. Following revisions to recent historical data, the Q2 2023 vacancy rate set a record high for the market at 23.7%. On a year-over-year (YOY) basis, Q2 2023 vacancy increased by more than 250 basis points (bps). […]
Following a year of fluctuating vacancy, 2023 in Greater Cincinnati began with a record-high overall vacancy rate of 24.2%. On a year-over-year (YOY) basis, Q1 2023 vacancy increased by nearly 200 basis points (bps). Both the Central Business District (CBD) and suburban submarkets saw yearly vacancy rate increases, although Class A suburban buildings accounted for […]
Check out the Q4 2022 office space availabilities in Cincinnati’s CBD environment.
After reaching its highest point in eight years in Q3 2022 (23.4%), the overall vacancy rate in the Greater Cincinnati office market decreased in the fourth quarter of 2022 to 23.3%. Despite a slight quarterly decline, Q4 vacancy was still 190 basis points (bps) higher on a year-over-year (YOY) basis. Of the 8.0 million square […]
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. […]