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Firing On All Cylinders Within the Cincinnati Industrial Market

Unwavering demand continues to spill into 2022, pushing the market to new heights in spite of increasing supply shortages.

The surge in activity that the Cincinnati industrial market
saw in previous quarters, carried over into 2022. New supply was light with only 60,000 square feet of deliveries. Net absorption fell 53% to a positive 3.2 million square feet with vacancy dropping to an all-time low of 3.3% from 4.5%. Strong demand paired with low supply placed downward pressure on vacancy rates.

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