Cincinnati Office Market Report
| Average Asking Rent (Price/SF) | $19.37 |
| Availability Rate (%) | 22.5% |
| Net Absorption (SF) | (249,182) |
Cincinnati’s statistics in the fourth quarter of 2021 reflect the lack of space needed, due to the pandemic. Class A absorption was negative 466,795 square feet for the fourth quarter of 2021, compared to 41,918 square feet in the Class B buildings. Year to date, Class A is negative 335,341 square feet of absorption, while Class B buildings posted negative 149,990 square-feet.
Download Cincinnati Office Market Report 4Q21
Cincinnati Industrial Market Reports
| Average Asking Rent (Price/SF) | $4.62 |
| Availability Rate (%) | 4.4% |
| Net Absorption (SF) | 3,739,409 |
The Cincinnati Industrial market experienced continued growth during the fourth quarter of 2021, finishing with over 3.7 million square feet of positive net absorption and raising the year-to-date total to almost 9.2 million square feet.