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Columbus 2023 Q3 Industrial Market Report
"Vacancy has continued to climb through 2023, up 320 basis points (bps) from Q3 2022."
We pride ourselves on our in-depth commercial real estate research. Our specialist teams offer insight into current market trends and predictions for the future to help you make the right real estate decisions.
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"Vacancy has continued to climb through 2023, up 320 basis points (bps) from Q3 2022."
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"In one of the most significant increases in historical records, the vacancy rate has surged by 250 basis points compared to the same period last year."
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"Asking rental rates, inventory, and deliveries increase as new high-quality product continues to finish construction in multiple submarkets."

"This quarterly report provides key metrics on supply, demand and pricing of industrial real estate along with analysis of related economic drivers including ports and labor at both national and market-level geographies."
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"Leasing activity spikes this quarter"
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"San Diego office market activity stays flat in the third quarter"
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"Activity increases in Raleigh-Durham to above average leasing volume"
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"Total number of transactions increase in Q3, but average deal size decreases"
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"Tempered demand in Q3 as large leases retreat"
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"Availability ticks up across most of Metro Detroit as many occupiers pare back on office requirements "