Research
Cleveland Industrial Outlook – Q4 2022
An in-depth look at the leasing, sales, construction, and employment in the Cleveland industrial market.
January 01, 2023
Contributors:
- Andrew Batson
Cleveland’s industrial market reached several milestones in 2022, including record-high construction with deliveries totaling just over 5.3 million square feet. Demand has continued to outpace supply over the last four years, leading to low vacancies and increasing rental rates.
Download our Q4 2022 Cleveland Industrial Outlook provides a detailed overview of industrial market fundamentals, including vacancy, asking rental rates, construction, sales, and employment.