After reaching a two-year high in Q1 of 18.4%, direct vacancy (which excludes sublease vacancy) in the Greater Cincinnati office market decreased slightly to 18.2% in Q2 2021. While lower than the prior quarter, vacancy was still 120 basis points (bps) higher on a year-over-year (YOY) basis. This difference in vacant space was evenly distributed […]
Direct vacancy (excluding sublease vacancy) in the Greater Cincinnati office market was 18.5% in Q1 2021, which was the highest level in more than two years. Vacancy increased by nearly 150 basis points (bps) on a year-over-year (YOY) basis, as the effects of COVID-19 were barely known in Q1 2020. In both the Central Business […]
Check out the Q1 2021 office space availabilities in Cincinnati’s CBD environment.