The Coyne Report - April 3 2026 ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­    ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­  
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Featured Coyne Listing
7005 Cochran Rd. | Glenwillow

7005 Cochran Rd. | Glenwillow

458,000 SF Distribution & Retail Facility For Sale

100% Leased to Single Tenant | NNN Lease

Lease Expiration December 2040 | 6.75% Cap Rate

Learn More About 7005 Cochran Rd.
This Week's Top Sales
4555 Lake Forest Dr. | Blue Ash

Office Sale | Blue Ash

4555 Lake Forest Dr.

$13,740,000 ($72.92/SF)

188,431 SF

Seller: Apollo Management Holdings, LP | Buyer: Westlake Office Partners LLC

2333 Wilson Rd. & 4990 W. Broad St. | Columbus

Multi-Location Retail Sale | Columbus

$12,300,000 ($1,044.59/SF)

11,775 SF

2333 Wilson Rd.

$5,100,000 ($1,033.43/SF)

4,935 SF

4600 Winchester Pike

$4,100,000 ($1,083.51/SF)

3,784 SF

4990 W. Broad St.

$3,100,000 ($1,014.40/SF)

3,056 SF

Seller: Thorntons, Inc. | Buyer: Giant Kentucky Holdings LLC

Land Sale | Springfield

Land Sale | Springfield

780, 810, 860 Titus Lane & 3916 S. Charleston Pike

$8,000,000 ($70,703/AC)

113.15 AC

Seller: Dollars N Dirt LLC | Buyer: CMH01 Holdings LP (5C Data Centers)

Learn More

645 W. North Bend Rd. | Cincinnati

School Sale | Cincinnati

645 W. North Bend Rd.

$7,200,000 ($217.90/SF)

33,043 SF

Seller: Cincinnati Foundation for Mortuary Education | Buyer: St. Xavier High School, Inc.

2739-2797 Medina Rd. | Medina

Retail Sale | Medina

2739-2797 Medina Rd.

$4,800,000 ($36.52/SF)

131,417 SF

Seller: Plaza 71 Associates LTD | Buyer: Windfall Crossing LLC

Land Sale | Bowling Green

Land Sale | Bowling Green

20381 Mercer Rd.

$4,484,632 ($74,744/AC)

60 AC

Seller: Steven J. & Patti Speck & Steven J. Speck Ltd. | Buyer: Liames LLC (Meta)

Learn More

2690-2768 S. Hamilton Rd. | Columbus

Retail Sale | Columbus

2690-2768 S. Hamilton Rd.

$4,400,000 ($30.75/SF)

143,081 SF

Seller: South Hamilton Shopping Center LLC | Buyer: 2750 Hamilton Road LLC

300 Milan Ave. | Norwalk

Retail Sale | Norwalk

300 Milan Ave.

$4,000,000 ($328.14/SF)

12,190 SF

Seller: Pobkat 1 LLC | Buyer: Rebel Yell LLC

6261 & 6285 Youngstown Warren Rd. | Niles

Retail Sale | Niles

6261 & 6285 Youngstown Warren Rd.

$3,850,000 ($70.39/SF)

54,698 SF

Seller: LG Partners | Buyer: GTG Capital Group LLC

1106, 1363, & 1423 W. Old Lincoln Way | Wooster

Retail Sale | Wooster

1106, 1363, & 1423 W. Old Lincoln Way

$3,250,000 ($80.97/SF)

40,140 SF

Seller: Firelands Auto Real Estate VI LLC | Buyer: Diehl Realty Wooster LLC

Top Executed Leases Header
9701 Windisch Rd.

Industrial Sublease | West Chester

9701 Windisch Rd.

179,000 SF

Sublease Rep Company: CBRE

4115 Thunderbird Lane | Fairfield

Industrial Lease | Fairfield

4115 Thunderbird Lane

70,000 SF

Lease Rep Company: CBRE

31 Hunter Place | Bellefontaine

Industrial Lease | Bellefontaine

31 Hunter Place

58,180 SF

Lease Rep Company: Industrial Property Brokers

Top New Sale & Lease Listings
Cleveland Business Park | Cleveland

Industrial for Lease | Cleveland

Cleveland Pkwy.

Lease Rate: $8.50/NNN Warehouse | $16.50/NNN Office

16,640-642,340 SF Available

Lease Contact: Terry Coyne of Newmark

Learn More

5900 Pennsylvania Ave. | Maple Heights

Industrial for Sale & Lease | Maple Heights

5900 Pennsylvania Ave.

$6,098,190 ($70.00/SF)

Lease Rate: $6.50/NNN

87,117 SF RBA/Available

Sale & Lease Contacts: Connor McCoy & Terry Coyne of Newmark

Learn More About Sale
Learn More About Lease

14470 Foltz Industrial Pkwy. | Strongsville

Industrial for Lease | Strongsville

14470 Foltz Industrial Pkwy.

Lease Rate: $8.00/NNN

31,987 SF Available

Lease Contacts: Connor McCoy & Terry Coyne of Newmark

Learn More

2201 W. Park Dr. | Lorain

Industrial for Sale & Lease | Lorain

2201 W. Park Dr.

$1,497,600 ($60.00/SF)

Lease Rate: $6.00/NNN

24,960 SF RBA/Available

Sale & Lease Contacts: Connor McCoy & Terry Coyne of Newmark

Learn More About Sale
Learn More About Lease

119 Northeast Dr. | Loveland

Industrial for Lease | Loveland

119 Northeast Dr.

169,625 SF Available

Lease Contact: Roddy MacEachen of SQFT Commercial

1660 Indian Wood Circle | Maumee

Office for Sale | Maumee

1660 Indian Wood Circle

$7,781,622 ($250.50/SF)

Cap Rate: 6.35%

31,064 SF RBA

Sale Contact: Tom Gommels of Marcus & Millichap

60 Heid Ave. | Dayton

Industrial for Lease | Dayton

60 Heid Ave.

Lease Rate: $5.95/NNN

204,664 SF Available

Lease Contact: Dave Tobeson of Apex Commercial Group, LLC

1876 Waycross Rd. | Cincinnati

Office for Sale & Lease | Cincinnati

1876 Waycross Rd.

$7,000,000 ($98.76/SF)

Lease Rate: $12.50/NNN

70,875 SF RBA | 51,477 SF Available

Sale & Lease Contact: Darin Armbruster of Newmark

20525 & 20545 Center Ridge Rd. | Rocky River

Office Portfolio for Sale | Rocky River

20525 & 20545 Center Ridge Rd.

$6,000,000 ($40.45/SF)

148,345 SF RBA

Sale Contact: David Leb of Cushman & Wakefield | CRESCO Real Estate

1200 Campus Dr. | Stow

Industrial for Sale | Stow

1200 Campus Dr.

$5,879,000 ($587.90/SF)

Cap Rate: 6.00%

10,000 SF RBA

Sale Contact: Stratton Greig of Sans Investment Group Austin, LLC

8521-8571 Gander Creek Dr. | Miamisburg

Office for Sale | Miamisburg

8521-8571 Gander Creek Dr.

$4,900,000 ($66.45/SF)

Cap Rate: 8.70%

73,740 SF RBA

Sale Contact: Tony Taylor of Crest Commercial Re

5280 Opus Dr. | Groveport

Industrial for Lease | Groveport

5820 Opus Dr.

157,811 SF Available

Lease Contact: Beau Taggart of KBC Advisors

37 W. Bridge St. | Dublin

Office/Retail for Sale | Dublin

37 W. Bridge St.

$3,950,000 ($542.21/SF)

Cap Rate: 3.41%

7,285 SF RBA

Sale Contact: Doug Smith of The Westwood Real Estate Co.

3657 TradePort Court | Lockbourne

Industrial for Lease | Lockbourne

3657 TradePort Court

133,555 SF Available

Lease Contact: Michael Linder of Colliers

2111-2191 International St. | Columbus

Industrial for Lease | Columbus

2111-2191 International St.

41,343 SF Available

Lease Contact: Nick Tomasone of CBRE

40 New Garver Rd. | Monroe

Hotel for Sale | Monroe

40 New Garver Rd.

$3,199,990 ($65,306/Room)

49 Rooms

Sale Contact: Silvestre Madrigal Jr. of C21 AllStars, Commercial & Investment Group

Industry News & Insights

CLEVELAND

  • The 50+ acres in play next to downtown, but few are talking about it 
  • Settling into Sherwin-Williams’ HQ 
  • One of Cleveland’s oldest churches to close 
  • Relic of a former era, historic Huntington Building hits the market in downtown Cleveland 
  • Cleveland threatens eminent domain to acquire property at center of neighborhood fight 
  • Cleveland finally gets its lakefront chance — and it’s thinking too small: Leila Atassi  
  • Cleveland sees Burke plan, asks: Is this a joke? The Readers Write 
  • City taxes are rising faster than school taxes: Explaining Cuyahoga County property tax bills 
  • New plan keeps crisis center alive — with gaps still to fill 
  • Cuyahoga County’s nearly billion-dollar jail project could grind to a halt over a legal misstep 
  • Vacant industrial site wins Cleveland tax increment financing deal — with several City Council defections 
  • Restoring density to Euclid Ave. 
  • Dee Haslam on Browns stadium: No Plan B despite $600M state funding holdup 
  • Ohio approves tax credits for seven projects expected to create over 1,300 jobs 
  • Legal disputes over new Cuyahoga, Lorain county jails center on little-noticed state law change 
  • Donut Land buys former Rite Aid building in Cleveland area for $2.5 million 
  • Clinic’s trauma center plan gets $50M 
  • House of David Preservation buys three apartments 
  • Renovations fuel prospect of downtown revitalization 
  • Rockefeller Building to get make-safe repairs 
  • The Hive is now buzzing with grand opening in Bainbridge 
  • It’s not you, it’s Burke: Air Show threatens to leave Cleveland if airport closes, Bibb wants to talk things out 
  • Armond Budish followed the law on the new county jail. Why won’t Chris Ronayne? 
  • Visible damage to Downtown buildings after storm 
  • So how do you close an airport? Cleveland isn't the first city to seek Congressional action 
  • New York-based investor enters Ohio industrial market 

COLUMBUS

  • Data center construction issue moves closer to ballot 
  • Issue that would ban data centers clears first hurdle with Ohio attorney general certification 
  • Ohio voters launch proposed amendment to keep big data centers from plugging in 
  • EQT Sells 7 MSF Logistics Portfolio for $650M 
  • Kroger to reportedly open two stores, invest $112 million in Ohio 
  • Ohio Announces 730 New Jobs in Ironton and Westerville 
  • Ohio Lawmakers Sign Deal to Lease Statehouse Lawn for Data Center Construction 

DAYTON

  • Dillard’s Opens 160,000 SF Store at The Mall at Fairfield Commons in Beavercreek, Ohio 

ELSEWHERE IN OHIO

  • Ohio industrial building sells for $3.3 million 
  • Panera closing Ohio facility, cutting 70 jobs 

NEWMARK

  • Commercial Observer – March 31, 2026 Issue (Cover Story: Hart of the Matter – Newmark’s North America leasing chief, Liz Hart, gets to the point about AI, tech firms and talent) 

GENERAL

  • Have Industrial Cap Rates Hit a Ceiling? 
  • Industrial Sales Momentum Carries Into 2026 
  • CRE Sentiment Gap Signals a Resilient Market 
  • Office Conversions Drive Apartment Boom 
  • Event Spaces Surge On Institutional Investment 
  • Office Trends 2026 Reflect Market Shift 
  • Industrial Sector Trends Drive Logistics Growth 
  • Capital flows in industrial: Who’s buying, who’s pausing and who’s targeting niche assets 
  • Is Stagflation Returning? Experts Weigh the Impact on Commercial Real Estate 
  • Outstanding U.S. CRE Mortgage Debt Nears $5 Trillion 
  • Live-Work Trends Fuel US Mixed-Use Growth 
  • High-End Property Sales Drive US Price Recovery 
  • Industrial Cap Rates Show Volatility Amid Repricing 
  • Fed Reforms Would Give Banks More Liquidity, But Murky Outlook Could Slow The Flow 
  • Amazon In Buying Mode For Industrial Real Estate Again 
  • CVS To Increase Retail Footprint After 4 Years Of Shrinking Its Store Count 
  • Self-Storage Opportunities Emerge in 2026 
  • Construction at an ‘inflection point’: new ASCE CEO 
  • Office-to-housing conversions grew 28% last year 
  • New Lifelines for Empty Anchors 
  • The Overlooked Infrastructure Risk: Rethinking Roofing In Modern Data Centers 
  • 'Heat Islands': Study Finds Data Centers May Be Raising Temperatures In Surrounding Areas 
  • Federal Agencies Use Less Than 60% Of Their Space At Nearly 10,000 Sites, New Data Shows 
  • Senior Housing Cap Rates Tighten Again 
  • CMBS Delinquency Rate Jumps in March 2026, Led by Surge in Lodging Rate 
  • Fed Reforms Unlock CRE Capital 
  • Origination Rankings Shift Lender Landscape in 2025 
  • Construction hiring data indicates a cooling labor market 
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