Whether you’re a landlord, tenant or investor, market research is vital in making the best decisions for your business. When it comes to real estate strategy, that requires high-quality and customizable market research and expert analysis to help you successfully buy, sell, lease or develop property.

Columbus Office Trends Q3 2021

The Columbus office market continues to be impacted by the ongoing COVID-19 pandemic, recording 262,017 square feet of negative net absorption and vacancy of 12.7 percent. A majority of this can be attributed to the 1.4 million+ square feet of new sublease space that has been added to the market since Q2 2020. On a […]

Columbus Office Trends Q2 2021

As the world continues to feel the effects of the ongoing COVID-19 pandemic, the Columbus office market recorded negative net absorption of 48,300 square feet in the second quarter. The 1 million+ square feet of new sublease space that has been added to the market since Q2 2020 has driven the vacancy rate up to […]

Columbus Office Trends Q1 2021

The Columbus office market continues to be impacted by the ongoing COVID-19 pandemic, posting negative net absorption of 351,686 square feet and vacancy of 11.8 percent this quarter. A majority of this can be attributed to the 700,000+ square feet of sublease space that has been added to the market over the past year. On […]

Columbus Office Trends Q4 2020

The Columbus office market continues to be impacted by the ongoing COVID-19 pandemic, posting negative net absorption of 278,546 square feet this quarter. A majority of this can be attributed to a rise in sublease vacancy that has come on the market, compared to direct vacant space which has not been hit as hard thus […]

Columbus Office Trends Q3 2020

The Columbus office market started to feel the effects of the ongoing COVID-19 pandemic, recording negative net absorption of 664,924 square feet in the third quarter. Nearly 500,000 square feet of this can be attributed to sublease vacancy that has come on the market, compared to direct vacant space which has not significantly risen this […]

Columbus Office Trends Q2 2020

The Columbus office market had a strong second quarter, posting 39,011 square feet of net absorption*. In eight of the past nine quarters, the region has experienced positive absorption – a true testament to the sustained strength of the office sector. Read the Full Report

Columbus Office Trends Q1 2020

The Columbus office market started off the year with slightly negative net absorption* of 23,110 square feet. However, the market recorded positive absorption in seven of the past eight quarters, demonstrating the overall strength of the office sector. Ongoing investment, development and leasing activity drove positive absorption of 55,094 square feet in the CBD – […]

Columbus Office Trends Q4 2019

The Columbus office market finished the year strong, recording 351,948 square feet of positive net absorption* in the fourth quarter. This brings year-to-date net absorption to over 1.2 million square feet. The fourth quarter is the seventh consecutive quarter of positive absorption and the third consecutive quarter of absorption above six figures, demonstrating the consistent […]

Columbus Office Trends Q3 2019

The Columbus office market continued a strong year with 310,789 square feet of positive absorption* in the third quarter. This marks the sixth consecutive quarter of positive absorption and the second consecutive quarter of absorption over six figures, proving the strength of the office sector. Due to consistent leasing activity, the vacancy rate continues to […]

Columbus Office Trends Q2 2019

The Columbus office market experienced a boom in activity during the second quarter, posting 551,716 square feet of positive net absorption*. This marks the fifth consecutive quarter of positive absorption, demonstrating the growing strength of the office sector. The vacancy rate dropped from last quarter, declining from 9.51 percent to 9.17 percent as many large […]

Columbus Office Trends Q1 2019

The Columbus office market started the year strong, recording 64,036 square feet of positive net absorption*. This marks the fourth consecutive quarter of positive absorption numbers, demonstrating the increasing growth of the office sector. The vacancy rate decreased four basis points to 9.51 percent, as many tenants occupied space throughout the city. Overall asking rates […]

Columbus Office Trends Q4 2018

During the fourth quarter of 2018, the Columbus office market saw a third consecutive quarter of growth, posting 65,134 square feet of positive net absorption. Despite Cardinal Health and United Healthcare vacating 6000 Parkwood Pl. and 9200 Worthington Road, respectively, large move-ins drove absorption positive. Nexeo Solutions backfilled a large portion of Cardinal Health’s space, […]

Columbus Office Trends Q3 2018

In the third quarter, the Columbus office market experienced a second consecutive quarter of positive net absorption, recording 148,800 square feet. Nationwide vacated 315,000 square feet of space at 5525 Parkcenter Circle for their new 152,455-square-foot property at Grandview Yard, but other large move-ins drove absorption positive. Due to high leasing activity, the vacancy rate […]

Capital Markets Reports

Capital Markets Report: Columbus Office Market – Mid-Year 2021

The purpose of this report is to focus on key market information that is relevant to investors interested in office property located in Central Ohio. The primary information provided in this report is as follows: significant office properties recently sold, current properties on the market, significant leases recently signed, as well as current developments underway…

Capital Markets Report: Columbus Office Market – Year End 2020

The purpose of this report is to concisely focus on key market information that is relevant to investors interested in office property located in Central Ohio. The primary topics covered in this report are as follows: significant office properties sold along with current cap rates, current properties on the market, significant leases recently signed, as […]

Landlord Advisory Report: Mid Year 2019

The purpose of this report is to concisely focus on key market information that is relevant to investors interested in office property located in Central Ohio. The primary topics covered in this report are as follows: significant office properties sold along with current cap rates, current properties on the market, significant leases recently signed, as […]

Landlord Advisory Report: Year End 2018

The purpose of this report is to concisely focus on key market information that is relevant to investors interested in office property located in Central Ohio. The primary topics covered in this report are as follows: significant office properties sold along with current cap rates, current properties on the market, significant leases recently signed, as […]

Other Research

Tenant Re-Entry Survey

Colliers | Columbus’ property management team surveyed their tenants four times since the start of COVID-19: at the beginning of the second, third and fourth quarters of 2020, and then again in the second quarter of 2021. These surveys have revealed to us that Columbus tenants value their physical spaces but are open to employee […]

2019 Office Tenant Migration Report

Tenants are constantly relocating their office space to better suit their needs. Using a points system based on square footage, the Colliers research team is able to track where office users are coming and going throughout the city. Click here to view the most recent, interactive report: