Intelligence

Commercial Real Estate Market Information

The Coldwell Banker Commercial brand has commercial real estate market statistics to help you find out specifics about your local commercial real estate market. Whether you are looking for market trends or information on commercial real estate market size, we have the market reports you need. Get the information you need to make informed commercial real estate decisions by checking out our commercial real estate market reports. If you did not find the commercial real estate market information you were looking for contact us today!

Coldwell Banker Commercial® Reports

Opportunity Zones & Taxes

What are Opportunity Zones? The real estate industry is buzzing about this new program which allows private investment in country’s distressed communities. CBC brings you a quick overview to help you understand what they are and how investors can use them for their benefit.

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CBC Blue Book

The CBC organization is proud to present its 2018 Year-End Blue Book!

The Blue Book is a helpful market report with information brought to you by the true “on the ground” experts – the professionals of the CBC organization from all over the world.

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Market Report: Retail Repurposing

Up to 80 percent of Americans do at least some shopping online. As Americans shift the way they shop, retailers that have not adapted to the changing environment are closing their doors, with the list of failing brand names growing each year.

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Market Report: Student Housing

Healthy demand and numerous shifts in student housing trends have transformed the property sector. Once overlooked by investors for fear of poorly maintained properties and high turnover, this asset class has become resilient, boasting handsome returns.

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Regional Summaries

Select a state to view available market snapshots

Cleveland, OH

Apartment

The 117,977-unit Cleveland apartment market had a first quarter 2019 vacancy rate of 4.4%, down 20 basis points for the period and up 80 year-over-year. The average asking rent increased 0.3% during the first quarter to $934 per month, and the average effective rent rose 0.2% to $892 per month. These rates were up 6.0% and 5.2%, respectively, over the year. VIEW APARTMENT LISTINGS >

Apartment

Industrial

Cleveland's 176-million-square-foot warehouse/distribution market finished the first quarter of 2019 with a slight fall in vacancy and improving rents. The 9.2% vacancy rate was down 10 basis points over the quarter and down 40 basis points over the year. The average asking and effective rents, at $4.37 psf and $4.12 psf, respectively, were both up 0.7% in the first quarter. These rates were up 2.1% and 2.0% for the year. For 11.3 million square feet of Cleveland's Flex/R&D space, Reis reports first quarter 2019 vacancy at 17.2%, up 110 basis points over the quarter and up 80 over the year. This market struggles with consistently high vacancy. Average asking and effective rents, at $7.67 psf and $7.23 psf, are unchanged and down 0.1% for the quarter, and up 1.1% and 1.0%, respectively, over the year. VIEW INDUSTRIAL LISTINGS >

Industrial

Office

Vacancy in Cleveland's general purpose, multi-tenant office market was 22.3% in the first quarter of 2019, according to Reis's quarterly data. The first quarter vacancy rate is down 40 basis points from the prior quarter and up 50 over the year. The first quarter average asking rent was $19.82 psf, according to Reis. This rate is up 0.4% for the quarter and 1.2% for the year. The first quarter effective rent was $15.74 psf, up 0.4% over the quarter and 1.3% over the year. VIEW OFFICE LISTINGS >

Office

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