Cincinnati Industrial Figures Q3 2026

The Cincinnati industrial market recorded 2.97 million sq. ft. of positive net absorption in Q3 2026, marking the third consecutive quarter in which absorption surpassed 2.5 million sq. ft. (8.3 million sq. ft. YTD)

Leasing activity remained elevated this quarter, totaling 6.05 million sq. ft. and bringing year-to-date volume to 17.4 million sq. ft

Overall availability declined 100 basis points quarter-over-quarter to 4.7%, as strong leasing activity continued to reduce available space across the Cincinnati industrial market.

Asking rents increased 1.7% quarter-over-quarter to $7.35 per sq. ft amid tightening market conditions.

The Cincinnati industrial market recorded 1.65 million sq. ft. under construction led by Core5's 1.2 million sq. ft. speculative Encore Logistics Center Building 2 in the Northwest submarket.

Across the market, two build-to-suit projects delivered for a combined 119,000 sq. ft. added to inventory