Cincinnati Industrial Figures Q1 2026

The Cincinnati industrial market posted 2.8 million sq. ft. of positive net absorption to start the year, nearly triple the 2025 YTD net absorption.

Following 1.5 million sq. ft. in user sales, including Walmart’s 1.2 million sq. ft. purchase of 760 Encore Drive, the Northeast submarket shifts to hold the lowest vacancy rate at 1.5%, down 266 bps quarter-over-quarter.

Overall sale volume has more then doubled quarter-over-quarter to 2.0 million sq. ft., bringing total transaction volume to 5.6 million sq. ft.

The market recorded 926,500 sq. ft. of construction deliveries in the first quarter, up 81.1% quarter-over-quarter, led by the completion of Hit Promotional Product’s 800,000 sq. ft. build-to-suit at 7995 Seward Road in the Northwest submarket.

Two new projects broke ground this quarter totaling 114,452 sq. ft., including Group Sale’s 71,840 sq. ft. addition at 412 South Cooper Avenue in the Northwest submarket and Rumpke’s 42,612 sq. ft. build-to-suit at Champions Way in the Central submarket.