Investment Flowing Into Cincinnati

CINCINNATI—Strong recoveries have been underway for some time in the gateway cities and other core markets like Chicago, but in 2013, Cincinnati was one of the increasing number of secondary markets attracting heightened interest from investors. In a recently released report, Cassidy Turley found that in the last six months of 2013, 83 properties in the metropolitan area worth more than $1 million traded hands, with a total sales volume of $1.136 billion.

The intense activity helped make 2013 yet another solid year for the Cincinnati markets. A total of 158 commercial properties traded for about $1.5 billion, making 2013 the second straight year with more than $1 billion in commercial sales activity.