The Coyne Report - December 5, 2025
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November Property Acquisitions: 408

-297 vs. October 2025

November Average Sale Price: $8,309,294

+$305,475 vs. October 2025

November Total Acquisition Value: $3,390,191,888

-$2,252,500,477 vs. October 2025

*Properties sold over $1,000,000

Featured Coyne Listing
30310 Emerald Valley Pkwy. | Glenwillow

30310 Emerald Valley Pkwy. | Glenwillow

The Coyne Team successfully represented the owners of 30310 Emerald Valley Pkwy., in securing a tenant for their 91,000-square-foot industrial space.

With this transaction, the 182,000-square-foot warehouse is now fully leased.

View Cleveland Listings
View Columbus Listings
This Week's Top Sales
1050 Gateway Park Dr. | West Jefferson

1050 Gateway Park Dr. | West Jefferson

Industrial Sale

$70,200,000 ($93.98/SF)

747,000 SF

Seller: C5 Gateway 3 LLC | Buyer: Exeter 1050-1054 Gateway Park LP

Multi-Parcel Land Sale in Shelby County

Multi-Parcel Land Sale in Shelby County

$17,260,259 ($73,373/AC)

235.24 AC

2388 Millcreek Rd. | Sidney

$6,101,325 ($78,625/AC)

77.6 AC

Seller: Ellen D. Joslin Trustee | Buyer: Amazon Data Services, Inc.

Millcreek Rd. | Sidney

$5,621,490 ($71,831/AC)

78.26 AC

Seller: William W. & Ann B. Joslin | Buyer: Amazon Data Services, Inc.

2522 Millcreek Rd. | Sidney

$5,537,444 ($69,759/AC)

79.38 AC

Seller: Mary Ellen Drees | Buyer: Amazon Data Services, Inc.

9651 Seward Rd. | Fairfield

9651 Seward Rd. | Fairfield

Hotel Sale

$5,112,363 ($71,005/Room)

72 Rooms

Seller: ESA C2 Portfolio LLC | Buyer: M6 Studio Cincinnati USA LLC

5127 Boyer Pkwy. | Akron

5127 Boyer Pkwy. | Akron

Industrial Sale

$5,000,000 ($106.84/SF)

46,800 SF

Seller: Akron Boyer Parkway LLC | Buyer: Royce & Janice Carville

7902 N. State Route 42 | Waynesville

7902 N. State Route 42 | Waynesville

Farm Sale

$4,900,000 ($695.53/SF | $25,901/AC)

7,045 SF | 189.18 AC

Seller: Phillip K. Stephens, II & Susan E. Stephens | Lisa M. Finchum & Adam B. Finchum | Buyer: 7902 Route 42 LLC

W Campus Oval & 7525 W. Campus Rd.| New Albany

W. Campus Oval & 7525 W. Campus Rd. | New Albany

Commercial Land Sale

$4,892,100 ($300,037/AC)

16.305 AC

Seller: The New Albany Company LLC | Buyer: CADC CMH01 LLC

2350 Greensburg Rd. | North Canton

2350 Greensburg Rd. | North Canton

Self-Storage Sale

$4,728,500 ($80.71/SF)

58,585 SF

Seller: Greensburg Park Self Storage LTD | Buyer: Nucal MP Greensburg Road OH LLC 

county rd 229

County Rd. 229 | Fredericksburg

Agricultural Land Sale

$4,574,023 ($67,000/AC)

68.269 AC

Seller: Lawrence L. Malcuit | Buyer: Steven R. & Iva J. Yoder

2049-2053 Horns Mills Rd. SE. & 4100 Raver Ct. SE. | Lancaster

2049-2053 Horns Mills Rd. SE. & 4100 Raver Ct. SE. | Lancaster

Retail/Land Sale

$4,500,000 ($755.03/SF | $760,135/AC)

5,960 SF | 5.92 AC

Seller: Fairton LLC | Buyer: Unity Investment Property LLC

1313 w st james lutheran way

1313 W. St. James Lutheran Ln. | Columbus

Hotel Sale

$3,250,000 ($27,778/Room)

117 Rooms

Seller: Ravindra Kumar | Buyer: First Hotel, LLC

Executed Leases Over 10,000 SF
675 Mondial Pkwy. | Streetsboro

675 Mondial Pkwy. | Streetsboro

Industrial Lease

130,257 SF

Lease Contact: EQT Real Estate

3024 Symmes Rd. | Hamilton

3024 Symmes Rd. | Hamilton

Industrial Lease

94,895 SF

Lease Contact: SQFT Commercial

341 O'Neill Dr. | Hebron

341 O'Neill Dr. | Hebron

Industrial Lease

81,359 SF

Lease Contact: Colliers

9245-9251 Meridian Way | West Chester

9245-9251 Meridian Way | West Chester

Industrial Lease

52,600 SF

Lease Contact: SQFT Commercial

3445-3455 Millennium Ct. | Columbus

3445-3455 Millennium Ct. | Columbus

Industrial Lease

35,100 SF

Lease Contact: Colliers

17909 Cleveland Pkwy. Dr. | Cleveland

17909 Cleveland Pkwy. Dr. | Cleveland

Flex Lease

30,750 SF

Lease Contact: Cushman & Wakefield | CRESCO Real Estate

6161 Cochran Rd. | Solon

6161 Cochran Rd. | Solon

Flex Lease

25,110 SF

Lease Contact: Cushman & Wakefield | CRESCO Real Estate

3865 Symmes Rd. | Hamilton

3865 Symmes Rd. | Hamilton

Industrial Lease

22,832 SF

Lease Rate: $9.00/NNN

Tenant: Goliath Tech

Lease Contact: Plum Tree Realty

10333 Northfield Rd. | Northfield

10333 Northfield Rd. | Northfield

Retail Lease

13,500 SF

Lease Contact: New Plaza Management

6397 Emerald Pkwy. | Dublin

6397 Emerald Pkwy. | Dublin

Office Lease

11,568 SF

Lease Contact: Colliers

4727-4785 Dixie Hwy. | Fairfield

4727-4785 Dixie Hwy. | Fairfield

Retail Lease

10,561 SF

Lease Contact: Apex Commercial Group, LLC

Top New Sale & Lease Listings
777 Bible Rd. | Lima

777 Bible Rd. | Lima

Industrial for Lease

548,750 SF Available

Lease Contact: Sean Abelarde of Plante Moran Realty

695 Boston Mills Rd. | Hudson

695 Boston Mills Rd. | Hudson

Office for Sale

$12,900,000 ($300.00/SF)

43,000 SF

Sale Contact: Christopher Hondlik of Hanna Commercial Real Estate

801 W. 2nd St. | Waverly

801 W. 2nd St. | Waverly

Industrial for Sale

$6,732,000 ($20.42/SF)

Cap Rate: 11.27%

329,730 SF

Sale Contact: Sal Ramundo of Colliers

3755 Hayes Rd. | Groveport

3755 Hayes Rd. | Groveport

Industrial for Sublease

232,102 SF Available

Sublease Contact: Joe Kimener of KBC Advisors

504 Walnut St. SE. | Niles

504 Walnut St. SE. | Niles

Industrial for Sale & Lease

$5,283,000 ($28.33/SF)

Lease Rate: $3.25/NNN

186,450 SF RBA/Available

Sale & Lease Contact: Scott Lewis of Edward J. Lewis, Inc.

4246 Hudson Dr. | Stow

4246 Hudson Dr. | Stow

Industrial for Sale

$4,100,000 ($94.80/SF)

Cap Rate: 7.91%

43,248 SF

Sale Contact: Peter Doughty of Marcus & Millichap

12117 Bennington Ave. | Cleveland

12117 Bennington Ave. | Cleveland

Industrial for Lease

Lease Rate: $5.15/NNN

84,106 SF Available

Lease Contact: George Pofok of Cushman & Wakefield | CRESCO Real Estate

49 2nd St. | New Vienna

49 2nd St. | New Vienna

Industrial for Lease

Lease Rate: $4.00/NNN

56,184 SF Available

Lease Contact: Ragan McKinney of Ragan McKinney Real Estate

13917 N. Vision Dr. | Kenton

13917 N. Vision Dr. | Kenton

Industrial for Lease

Lease Rate: $3.50/NNN

45,850 SF Available

Lease Contact: Tim Echemann of Industrial Property Brokers

357 Washington St. | Chardon

357 Washington St. | Chardon

Industrial for Lease

39,075 SF Available

Lease Contact: Conor Toomey of Colliers

1620 Riesenberg Ave. | Reading

1620 Riesenberg Ave. | Reading

Industrial for Lease

Lease Rate: $6.25/NNN

34,635 SF Available

Lease Contact: William Keefer of Colliers

837 Green Crest Dr. | Westerville

837 Green Crest Dr. | Westerville

Industrial for Sublease

Lease rate: $9.25/NNN

22,351 SF Available

Lease Contact: Derek Lichtfuss & Hudson Jump of Newmark

Learn More

13510 S. Vision Dr. | Kenton

13510 S. Vision Dr. | Kenton

Industrial for Lease

Lease Rate: $3.25/NNN

32,716 SF Available

Lease Contact: Tim Echemann of Industrial Property Brokers

1333 E. Highland Rd. | Macedonia

1333 E. Highland Rd. | Macedonia

Industrial for Sublease

30,515 SF Available

Sublease Contact: Matthew Beesley of Cushman & Wakefield | CRESCO Real Estate

1000 Liberty Blvd. | Cortland

1000 Liberty Blvd. | Cortland

Multi-Family for Sale

$4,272,000 ($89,000/Unit)

48 Units

Sale Contact: Don Thomas of Platz Realty Group

Top Mortgages
Multiple Wireless Communications Infrastructure Properties

Multiple Wireless Communications Infrastructure Properties

Cuyahoga County

Consideration: $8,500,000,000

Grantor: SBA Structures, LLC | SBA Properties, LLC | SBA Monarch Towers I, LLC | SBA Monarch Towers III, LLC | Grantee: Deutsche Bank Trust Company Americas

2279 Picton Pkwy. | Akron

2279 Picton Pkwy. | Akron

Summit County

Consideration: $1,420,000,000

Grantor: Hillandale Farms Corporation | Grantee: Coöperatieve Rabobank U.A.

255 E. 5th St. | Cincinnati

255 E. 5th St. | Cincinnati

Hamilton County

Consideration: $107,460,000

Grantor: RCS - First Financial (RSWF), LLC | RCS - First Financial (BD-OWAN6), LLC | RCS - First Financial (MA-OWAN6), LLC | RCS - First Financial (FFC), LLC | Grantee: JPMorgan Chase Bank, N.A.

Multiple Multi-Family Rental Properties

Multiple Multi-Family Rental Properties

Butler & Hamilton Counties

Consideration: $100,000,000

Grantor: SFR Workforce Owner 2 LLC | Grantee: Metropolitan Life Insurance Company

Multiple Parking Facilities & Commercial Property in Hamilton County 

Multiple Parking Facilities & Commercial Properties

Hamilton County

Consideration: $93,075,000

Grantor: 3CDC Master Parking Commercial LLC | 3CDC Master Parking LLC | 3CDC Master Parking II LLC | Court and Walnut Lot LLC | Grantee: Argent International Trust Company

4115 Southpoint Blvd. | Columbus

4115 Southpoint Blvd. | Columbus

Franklin County

Consideration: $77,000,000

Grantor: South High Street Apartments L.P. | Grantee: KeyBank National Association

431 W. Coshocton St. | Johnstown

431 W. Coshocton St. | Johnstown

Licking County

Consideration: $51,150,000

Grantor: Johnstown Health Realty, LLC | CHS-Pataskala, Inc. | Grantee: WesBanco Bank, Inc.

Multiple Substations & Headquarter Property

Multiple Substations & Headquarter Property

Miami County

Consideration: $20,000,000

Grantor: Pioneer Rural Electric Cooperative, Inc. | Grantee: National Rural Utilities Cooperative Finance Corporation

890 W. Loveland Ave. | Loveland

890 W. Loveland Ave. | Loveland

Hamilton County

 

Consideration: $41,754,400

Grantor: 890 W. Loveland, LLC | Grantee: Arbor Commercial Funding I, LLC

4427 Wilmington Pike | Kettering

4427 Wilmington Pike | Kettering

Montgomery County

Consideration: $16,796,000

Grantor: The Commons Kettering (OH) Owner LLC | Grantee: Newpoint Real Estate Capital LLC

Industry News & Insights

CLEVELAND

  • Cuyahoga County considers creating regional building department that will pay for itself 
  • Tariffs are shaking up Ohio manufacturing 
  • Apartments arriving ‘soon’ at RTA station 
  • Haslam-Cleveland lakefront deal delayed 
  • Aviation groups, tenants protest Cleveland's push to close Burke Lakefront Airport 
  • Pro-Burke coalition pushes back as Bibb asks Congress to help fast-track airport closure 
  • City Council wants tweaks before approving Bibb’s $100M Browns stadium settlement 
  • Browns to have a say in — and get credit for – community projects in exit deal with Cleveland: Your guide to the $100 million settlement 
  • Cavs’ practice facility marks start of riverfront transformation 
  • Heights developments reach new heights 
  • Cleveland City Council OKs $100 million Browns settlement, with some late-in-the-game changes 
  • Studio West 117 Fieldhouse to close this month 
  • Hotel planned for historic grain mill in Flats 
  • Lorain County Port Authority seeks new Midway Mall buyer after ICP terminates purchase 
  • With Browns fight settled, Cleveland's mayor prepares for the next battles - and opportunities 
  • Tremont hillside mixed-use vision at risk 
  • Landfill solar moves ahead in Brooklyn, stalls in Cleveland 
  • New independent pharmacy chain expands across Northeast Ohio as major competitors close 

COLUMBUS

  • $1 billion data center development buys 136 more acres in New Albany 
  • VanTrust Real Estate Fully Leases Industrial Buildings in Columbus 
  • Meta wants to draw power for unused New Albany electrical substation built for Intel project 
  • Columbus’ approval of southeast apartment project rankles neighbors 
  • Proposed EdgeConneX data center in Pickaway County, Ohio, facing criticism 
  • Value City to cut more than 300 jobs as it closes its Columbus headquarters 
  • Here's where big-box industrial property is thriving 
  • Fact Check Team: Exploring AI data centers' impact on U.S. resources 
  • Industrial demand hits record high in Columbus, Ohio 
  • Data Center Construction Workers Score 30% Pay Jumps in AI Boom 
  • Lightpath Expands AI-Grade Network Footprint in Greater Columbus 
  • Rift appears between city leaders and neighborhoods over Columbus' growth plan 
  • Watchdog for electric grid in Ohio, other states wants a pause on data centers 
  • Proposal for fueling Amazon data center near Hilliard faces pushback 
  • American Signature Furniture Files for Chapter 11 Bankruptcy  

DAYTON

  • No vote Tuesday on proposed AWS data center; next steps set for Dec. 4 
  • Amazon proposes $4B data center in Wilmington, seeks tax abatement 

YOUNGSTOWN

  • Developers ask Supreme Court not to dismiss Lordstown data center case 
  • Lordstown Council repeals data center ban 

NEWMARK

  • Commercial real estate is set for a 'year of stability' in 2026 (featuring Liz Hart, Newmark president of Leasing for North America) 
  • The Collaborative Warehouse: People, Robots and Productivity 
  • Luxury Retail: Meet Gen Z. 

GENERAL

  • The Data Center Construction Surge May Be Nearing A Plateau 
  • Lending Landscape ‘Highly Competitive’ As Banks Jump Back Into CRE Debt 
  • Industrial Spreads Signal CRE Lender Confidence In 2025 
  • Data Centers Reshape CRE Markets 
  • CRE Lending Surge Drives Bank Competition 
  • CRE Deals Rise in October 
  • Nokia Plans To Spend $4B On U.S. R&D And Manufacturing 
  • US commercial real estate prices rise, extending recovery trend 
  • Fannie, Freddie Multifamily Loan Caps Boosted to $88B Each for 2026 
  • Data Center Development Races On Despite Mounting Insurance Risks 
  • As States Make Data Centers Pay More For Power, Developers Prove Willing To Ante Up 
  • Real Assets in Focus: US Still a Magnet for Canadian Investors 
  • A busy Black Friday: U.S. consumers rack up $11.8 billion in online sales the day after Thanksgiving 
  • REIT Value Surges Amid Market Discounts 
  • Rate Cut Uncertainty Clouds December Fed Meeting 
  • Inside Industrial: Scale, Data & Decision Advantage 
  • What’s Ahead for Medical Office in 2026 
  • Banks Are Writing New CRE Loans While Old Problems Linger 
  • Facing limited options, office renters rediscover second- and third-tier buildings 
  • Commercial Real Estate Prices Signal Rare Buying Opportunity 
  • 18 CRE Trends We’re Taking Into 2026 
  • The CRE Trends With Staying Power in 2026 
  • KBRA Forecasts “Elevated” CMBS Distress Along with Rising Issuance in 2026 
  • When it comes to leasing, retailers still favor smaller spaces 
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