The Coyne Report - April 17, 2026 ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­    ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­  
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1st Quarter 2026 Cleveland & Columbus Office Market Highlights

Cleveland Office Market Highlights
Cleveland Office Market Highlights
Columbus Office Market Highlights
Columbus Office Market Highlights
Featured Coyne Listing
76 Acres | Rossford

76 Acres | Rossford

The Coyne Team successfully represented Scannell Properties in the acquisition of 76 acres in Rossford, Ohio.

This transaction marks Scannell’s continued expansion in the Toledo market, with plans already underway for build‑to‑suit industrial facilities designed for warehousing, light assembly, and production.

 

Interested in leasing new-spec warehouse space?

Connect with The Coyne Team!

Contact Us
This Week's Top Sales
1101 Innovation Way | Marysville

Industrial Sale | Marysville

1101 Innovation Way

$31,300,000 ($101.51/SF)

308,358 SF

Seller: Community Improvement Corporation of Union County | Buyer: Triddent Capital Group Industrial Fund II

5100 Upper Metro Place | Dublin

Hotel Sale | Dublin

5100 Upper Metro Place

$25,900,000 ($91,197/Room)

284 Rooms

Seller: AHIP OH Columbus Properties LLC | Buyer: Dublin Upper Metro LLC

1775 Progress Dr. | Perrysburg

Industrial Sale | Perrysburg

1775 Progress Dr.

$16,200,000 ($63.97/SF)

253,252 SF

Seller: Spring Grove Trading Company LLC | Buyer: Whirlpool Corporation

161 Greenfield St.

Industrial Sale | Tiffin

161 Greenfield St.

$11,500,000 ($287.50/SF)

40,000 SF

Seller: NMC Real Estate LLC (NM Group Global) | Buyer: Wessels Company (Affiliate of NM Group Global)

659 Bellbrook Ave. | Xenia

Industrial Sale | Xenia

659 Bellbrook Ave.

$8,000,000 ($78.13/SF)

102,400 SF

Seller: 635 Bellbrook LLC | Buyer: McKinley Logistics LLC

Mercer Rd. | Bowling Green

Land Sale | Bowling Green

$5,525,000 ($90,529/AC)

61.03 AC

0 Mercer Rd.

$5,225,000 ($87,040/AC)

60.03 AC

Seller: Joyce L. Dauer | Buyer: Williams Field Services Group LLC

21950 Mercer Rd.

$300,000 ($300,000/AC)

1.00 AC

Seller: Edward J. & Rita C. Steinberger | Buyer: Williams Field Services Group LLC

Learn More

6270 Este Ave. | Cincinnati

Industrial Sale | Cincinnati

6270 Este Ave.

$2,950,000 ($118.00/SF)

25,000 SF

Seller: Acme Site One LLC | Buyer: Beverly & Lucas LLC

7774 Darrow Rd. | Hudson

Retail Sale | Hudson

7774 Darrow Rd.

$2,800,000 ($347.31/SF)

8,062 SF

Seller: LG Hudson LLC | Buyer: Elhelou Centergate Capital LLC

6580 Huntley Rd. | Worthington

Industrial Sale | Worthington

6580 Huntley Rd.

$2,700,000 ($74.78/SF)

36,105 SF

Seller: Direct Instructional Support Systems, Inc. | Buyer: 6580 Huntley LLC

Harrison County

Mineral Rights Sale | Harrison County

$2,687,319 ($6,606/NMA*)

406.83 NMA

Seller: Emory Peak Minerals II, LLC (Joint Venture between Apollo Global Management, Inc. & Bandera Group) | Buyer: D6 Minerals Owner, LLC (80% - Dale Operating Company), Granite Ridge Holdings, LLC (15% - Granite Ridge Resources, majority-owned by Grey Rock Investment Partners), & GREP V Holdings, LP (5% - Grey Rock Investment Partners)

*Net Mineral Acres

Top Executed Leases Header
375 Northpointe Dr. | Fairfield

Industrial Lease | Fairfield

375 Northpointe Dr.

79,976 SF

Lease Rep Company: Cushman & Wakefield

4380-4452 Dixie Hwy. | Fairfield

Industrial Lease | Fairfield

4380 Dixie Hwy.

57,600 SF

Lease Rep Company: Cushman & Wakefield

4144 Buckeye Pkwy. | Grove City

Retail Lease Renewal | Grove City

4144 Buckeye Pkwy.

56,052 SF

Tenant: Hobby Lobby

Landlord Company: Continental Development Ventures

1030 W. Smith Rd. | Medina

Industrial Lease | Medina

1030 W. Smith Rd.

46,000 SF

Lease Rep Company: Currie Hall Investment Co.

Top New Sale & Lease Listings
160 Blue Gill Rd. | Peebles

Campground Land for Sale | Peebles

160 Blue Gill Rd.

$125,000,000 ($217,983/AC)

573.44 AC

Sale Contact: Jay Anderson of Plum Tree Realty

2333 McCall St. | Dayton

Industrial for Lease | Dayton

2333 McCall St.

357,075 SF Available

Lease Contact: Patrick Dedering of Phoenix Investors

2671 Mack Rd. | Fairfield

Land for Sale | Fairfield

2671 Mack Rd.

$32,044,375 ($278,940/AC)

114.879 AC

Sale Contact: Doug Tenenbaum of Hanna Commercial Real Estate

560 S. Reynolds Rd. | Toledo

Industrial for Sublease | Toledo

560 S. Reynolds Rd.

Sublease Rate: $4.25/NNN

118,000 SF Available

Sublease Contact: Matt Doyle of Doyle Manufacturing Inc.

0 Harlem Rd. | Galena

Land for Sale | Galena

0 Harlem Rd.

$8,975,250 ($75,000/AC)

119.67 AC

Sale Contact: Andrew Green of NAI Ohio Equities LLC

5820-5860 Clyde Moore Dr. | Groveport

Industrial for Sale | Groveport

5820-5860 Clyde Moore Dr.

$3,000,000 ($124.25/SF)

24,144 SF RBA

Sale Contact: Steve Tucker of Tucker Schiff Realty

1944 Miamisburg Centerville Rd. | Dayton

Land for Sale | Dayton

1944 Miamisburg Centerville Rd.

$3,100,000 ($1,377,778/AC)

2.25 AC

Sale Contact: Tracey Herron of Equity, LLC

2800 Gilbert Ave. | Cincinnati

Office for Lease | Cincinnati

2800 Gilbert Ave.

Lease Rate: $4.00/NNN

50,000 SF Available

Lease Contact: Billy Gillman of NAI Bergman

540 S. Main St. | Akron

Industrial for Lease | Akron

540 S. Main St., Building 9

Lease Rate: $5.50/MG

92,519 SF Available

Lease Contact: Jon Caiazza of Colliers

2781 Westbelt Dr. | Columbus

Industrial for Lease | Columbus

2781 Westbelt Dr.

70,333 SF Available

Lease Contact: Jeff Lyons of CBRE

1030-1046 N. High St. | Columbus

Mixed-Use Portfolio for Sale | Columbus

1030-1046 N. High St.

$5,000,000 ($625,000/Unit | $284.14/SF)

8 Units | 17,597 SF RBA

Sale Contact: Steve Tucker of Tucker Schiff Realty

8100 Tyler Blvd. | Mentor

Industrial for Lease | Mentor

8100 Tyler Blvd.

Lease Rate: $4.50/NNN

50,354 SF Available

Lease Contact: Abram Schwarz of Lee & Associates - Cleveland

80 Springside Dr. | Akron

Hotel for Sale | Akron

80 Springside Dr.

$6,500,000 ($103,175/Room)

63 Rooms

Sale Contact: Luke Whittaker of Matthews Real Estate Investment Services

Industry News & Insights

CLEVELAND

  • Democrats want answers on Trump mega-donor’s plans to close an Eastlake factory and move its jobs to China 
  • Pieces coming together for UC high-rise 
  • The next big expansion at Cleveland Clinic’s Main Campus is in the works 
  • AC Marriott Downtown Hotel, new CSA Group HQ get funding OK’d 
  • Ribbon cut on revived apartment tower that once was left for dead 
  • Bahama Breeze site to be redeveloped this summer: Orange Schools meeting with the mayors 
  • Crowd packs Perry Village hall to protest data-center project as tensions rise across Ohio 
  • Lake County community upset over proposed data center location 
  • Opposition grows over proposed Sheetz in Beachwood 
  • Olmsted Falls selling superfluous city-owned lots 
  • Cuyahoga County, judges in mediation over courthouse planning amid lawsuit threat 
  • Cuyahoga County, judges reach $150 million deal to settle courthouse dispute 
  • ICE seeks co-working space in Ohio’s Brooklyn Heights, Westerville 
  • After 60 years of making instruments in Ohio, this iconic American factory is shutting down for good 
  • ‘We’re not Columbus’: Team NEO cites key factor suppressing economic growth in Northeast Ohio 
  • Housing targeted for 1,000 vacant lots in Slavic Village 
  • Park Apartments’ leasing stirs a phase 2 
  • Sell, swap or repurpose: What CMSD could do with the 18 buildings it will close next month 
  • Sheffield delays data center zoning vote for legal review 
  • Collision Bend Brewing Co. expanding westward 
  • U.S. EPA Proposed Redesignation of Cleveland Area to Attainment for Ozone NAAQS 
  • Cleveland apartment demand cools for third straight quarter as costs rise 
  • The Downtown Cleveland office tower that’s gaining occupancy 
  • Justice Center to be renovated for $150M 
  • Lake County launches economic development office to expand financing options 
  • Cuyahoga County revives plan to sell tax liens on 2,500 properties, recoup millions 
  • Friedman Real Estate Completes Ohio Gerber Collision Portfolio Deal 
  • Would developers build at Burke without tax breaks? Mayor says yes, council says don’t count on it 

AKRON/CANTON

  • Akron moves forward with proposed Special Improvement District in Highland Square neighborhood 

COLUMBUS

  • New Opportunity Zone 2.0 Designation Rules: What States, Communities & Developers Need to Know 
  • Intel reinvesting in semiconductor manufacturing, a likely good sign for Ohio 
  • Vertiv Expands Westerville-Ironton, Ohio, Operations 
  • Ohio Becomes Silicon Valley's Data Center Dumping Ground 
  • Residents Weigh In on Data Centers and Warehouses in Central Ohio 
  • Leasing surge drives industrial availability to two-year low in Columbus 
  • Company Eyeing Big Darby Watershed for Potential Data Center 
  • Should Ohio voters decide the future of data centers? DeWine says not so fast 
  • $600M Capitol Square Redevelopment in Downtown Columbus, OH, Put On Hold 
  • Ohio Democratic congressman introduces bill requiring data centers to pay their own way 
  • What a Wisconsin vote to limit data centers could mean for Ohio 
  • Downtown Columbus Sees Major Development Changes 
  • Local office space holds steady as U.S. vacancies rise 
  • Thirsty data centers fuel local angst over water infrastructure 
  • Ashville residents form committee to put data center developments on ballot 
  • Hilliard-area officials seek safety plan for proposed data center energy system 
  • Sunbury City Council passes moratorium on data centers until January, pausing Amazon project 
  • North Central Region of BOMA announces seven regional TOBY Award winners 

DAYTON

  • Piqua family speaks out about impact of future data center 
  • Oberer Completes Final Retail Strip Center at Mixed-Use Project Near Dayton, Ohio 

TOLEDO

  • Whirlpool plans $60M Perrysburg facility, up to 150 jobs 
  • County planning commission denies request for Lake Twp. rezoning 

NEWMARK

  • Abandoned department stores are being used to house booming Gen Z population in this Rust Belt city 

  • Shocks to the System: Market Durability Is the New Lens for U.S. Industrial Amid Permanent Volatility 

GENERAL

  • Understanding the AI-Office Space Connection 
  • The Current Job Numbers and Their Real Estate Impacts 
  • AI Likely to Challenge Office Sector for the Rest of the Decade 
  • A major fast-food franchise operator just filed for bankruptcy 
  • U.S. Office Leasing Has Its Best Quarter in Nearly Eight Years 
  • CMBS Distress Rate Rankings: Top 100 U.S. Markets by CBSA — February 2026 
  • Consumer Sentiment Sours Over Inflation Concerns 
  • Do data centers really use so much water? Here are 5 key issues 
  • Landlords Are Being Sued More Than Ever, Pushing Liability Insurance Up 
  • Office Deals Reshape Distressed Market 
  • Data centers powered March construction planning almost exclusively 
  • Construction’s economic outlook is increasingly cloudy beyond data centers 
  • Warehouse Clubs Drive One-Stop Shop Evolution  
  • Employment Data Revisions Reshape Top Job Markets 
  • Property-Focused REITs Show Resilience in 2026 
  • Liability Insurance Costs Surge for Landlords Nationwide 
  • Facing higher costs, manufacturers and distributors may pull back on expansion 
  • Blackstone launches data center REIT in bet on AI boom 
  • PPI Rises 0.5% in March, Undershoots Expectations 
  • CRE Pricing Notches Up in March; Near-Term Outlook Uncertain 
  • Convenience store giant closing hundreds of locations 
  • Stock Market Wobbles Fuel $28B Of Q1 Commercial Real Estate M&A  
  • Self-Storage Aims For Comeback After Slumping U.S. Housing Market Torpedoes Occupancy, Rent Growth 
  • WeWork Launches On-The-Go Office Pod Concept 
  • Costco Gasoline Expands With Standalone Fuel Stations 
  • Multifamily Trends Reveal Tepid Spring Start 
  • Billionaire Dan Loeb Ends Push To Reform CoStar As Stock Slides 
  • Data Centers Spark Projected $1.4T Spending Surge From Power Utilities 
  • A Buyout Boom? $28B In Q1 M&A Reflects Flight To Hard Assets 
  • Live-Work-Play Development Enters Next Golden Age 
  • Backlog rebounded in March with contractors unfazed by Iran war impacts 
  • Top 100 CMBS Markets — Distress Rate Rankings 
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