Figures

Columbus Office Figures Q4 2025

January 9, 2026 10 Minute Read

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–In Q4 2025, the Columbus office market reported declining vacancy rates and increasing net absorption, continuing trends from the previous quarters and demonstrating ongoing demand growth.
–The overall market vacancy rate decreased by 70 basis-points to 20.4%. Despite the incremental change, this is the lowest market vacancy seen across market since 2022.
–Net absorption continued its upward trend, increasing from positive 200,000 sq. ft. in the previous quarter to positive 367,348 sq. ft. in Q4.
–Overall average asking rates increased by 2% ($0.44) quarter-over-quarter to $22.65 per sq. ft. gross.
–One new building delivered this quarter: Advanced Drainage Systems build-to-suit facility at 4024 Green Stripe Lane in Hillard, with occupancy expected early 2026.