Research

Cleveland Industrial Outlook - Q1 2021

An in-depth look at the leasing, sales, construction, and employment in the Cleveland industrial market

April 01, 2021

Investment activity in Cleveland’s industrial scene remains elevated despite lagging effects from the pandemic. Rents will grow modestly through the remainder of the year as leasing and investment activity gain momentum. While vacancy may decline further, new construction will keep the market relatively balanced.

Our Q1 2021 Cleveland Industrial Outlook provides an in-depth view of industrial market fundamentals, including vacancy, asking rental rates, construction, sales, and employment.

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