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Columbus MarketBeat Reports

10/15/2020
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

 

Learn more about our local markets and property types by clicking our most recent Columbus MarketBeat reports below.

 

Upon the arrival of COVID-19 in the U.S., the economy entered a recession in March 2020, recording the worst decline in post-war history in Q2 2020. Mounting evidence indicates that the recovery began in May or June with Q3 2020 data likely reflecting that. But, until there is a public health resolution to the pandemic, the recovery is likely to remain uncertain and gradual. Only then can households and businesses become more confident.

Current Marketbeats

Office MarketBeat Report
Q3 2020 Columbus Office Report

The office vacancy rate in the Greater Columbus office market was 19.2% in Q3 2020. Vacancy increased by more than 500 basis points (bps) on a year-over-year basis.

Columbus Office MarketBeat Q3 2020

Industrial MarketBeat Report
Q3 2020 Columbus Industrial Report

Over the past five years, average asking lease rates in the Columbus Industrial market have been steadily increasing along with new construction. Q3 2020 ended with a $4.16per-square-foot (psf) net asking rate, which was a 10.0% increase on a YOY basis.

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Multifamily MarketBeat Report
Q1 2019 Columbus Multifamily Report

Average effective rent per unit in the Columbus market as been greater than $900 for four consecutive quarters. With few exceptions, vacancy
in the Columbus market ranged between 5.0% and 6.0% over the past three years. Vacany was 5.7% in Q1 2019.

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Featured Insights: Current U.S. MarketBeats

Q3 U.S. Office MarketBeat Report Card Image
MarketBeat • Office

Office Reports

Cushman & Wakefield MarketBeat reports analyze quarterly commercial real estate activity including supply, demand and pricing trends.
Kenneth McCarthy • 10/14/2020
Q3 U.S. MarketBeat Industrial Report Web Card Image
MarketBeat • Industrial

Industrial Reports

Cushman & Wakefield MarketBeat reports analyze quarterly commercial real estate activity including supply, demand and pricing trends.
Jason Tolliver • 10/8/2020
Q3 U.S. Retail MarketBeat Report Card Image
MarketBeat • Retail

Shopping Center Reports

Cushman & Wakefield MarketBeat reports analyze quarterly commercial real estate activity including supply, demand and pricing trends.
Garrick Brown • 10/14/2020

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