Columbus Industrial Market Setting Records

COLUMBUS—The industrial markets in the nation’s core cities have been in a recovery mode for several years, but smaller cities across the Midwest have also started to ride the wave. Cassidy Turley, for example, just published data on the Columbus market that show record-breaking low vacancy rates in industrial properties, while positive absorption also remains strong. Furthermore, “construction is booming as demand for space increases, and investors are scooping up every available building,” the firm’s researchers say.

“The industrial market shows no sign of slowing down, and Columbus is well positioned to capture the opportunities and ride the momentum,” adds Robin Mitchell, research analyst for Cassidy Turley’s Columbus office. “The office market is riding a wave of construction activity, with several future speculative projects on the drawing board.”