The Coyne Report - February 13, 2026 ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­    ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­  
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Featured Coyne Listing
3100 e 45th St Sold (1)

3100 E 45th St. | Cleveland

The Coyne Team is proud to announce the successful sale of Ferrum 77, a 77,629 SF multi‑tenant office building in Cleveland.

 

Located at 3100 E. 45th St., this historic property sits just off I‑77 with quick access to I‑90 and Downtown Cleveland—an ideal location for businesses looking for connectivity and character.

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This Week's Top Sales
9885 Innovation Campus Way | New Albany

9885 Innovation Campus Way | New Albany

Industrial Sale

$88,250,000 ($250.81/SF)

351,846 SF

Seller: Vitrian | Buyer: LCN Capital Partners

2200 Douglas Way | Union

2200 Douglas Way | Union

Industrial Sale

$41,900,000 ($65.77/SF | $486,220/AC)

637,030 SF | 86.175 AC

Seller: ElmTree Funds | Buyer: 2200 Douglas Owner LLC

50 N. 3rd St. | Columbus

50 N. 3rd St. | Columbus

Hotel Sale

$25,300,000 ($62,010/Room)

408 Rooms

Seller: Terrapin Columbus Properties LLC | Buyer: WCOH CBUS Third Street Tower LLC

2100 Highland Rd. | Twinsburg

2100 Highland Rd. | Twinsburg

Industrial Sale

$11,200,000 ($50.00/SF)

224,000 SF

Seller: United Stationers Supply Co. | Buyer: CCBCC Operations, LLC (Subsidiary of Coca-Cola Consolidated, Inc.)

4399 Kent Rd. | Stow

4399 Kent Rd. | Stow

Retail Sale

$11,194,030 ($223.88/SF)

50,000 SF

Seller: Stow Kent Associates LLC | Buyer: Agree Central LLC

4375 Metro Circle NW. | North Canton

4375 Metro Circle NW. | North Canton

Hotel Sale

$8,000,100 ($53,334/Room)

150 Rooms

Seller: Canton Hotel Ventures LLC | Buyer: LCC OH LLC

220 Applegrove St. NE. | North Canton

220 Applegrove St. NE. | North Canton

Nursing Home Sale

$7,285,526 ($93.06/SF)

78,285 SF

Seller: St. Luke Lutheran Home for the Aging | Buyer: 220 Applegrove Street LLC

2063 W. Fourth St. | Mansfield

2063 W. Fourth St. | Mansfield

Retail Sale

$6,240,000 ($75.47/SF)

82,677 SF

Seller: Gabes 2063 LLC | Buyer: Mansfield Advantage LLC

Multi-Parcel Land & Industrial Sale in Oak Hill

Multi-Parcel Land & Industrial Sale in Oak Hill

Jackson County

$5,812,500 ($49.91/SF | $14,702/AC)

116,469 SF | 395.35 AC

Seller: Crescent Brick Company | Buyer: Oak Hill Products LLC

Multi-Parcel Land & Industrial Sale in Mansfield

Multi-Parcel Land & Industrial Sale in Mansfield

Richland County

$5,000,000 ($458.30/SF | $55,754/AC)

10,910 SF | 89.68 AC

Seller: PSC Metals Inc. | Buyer: Cleveland Cliffs Steel Corporation

Executed Leases Over 10,000 SF
1301 E. Mall Dr. | Holland

1301 E. Mall Dr. | Holland

Retail Lease

91,381 SF

Tenant: Gardner-White Furniture

Landlord: Etkin & Co. 

20200 First Ave. | Cleveland

20200 First Ave. | Cleveland

Industrial Sublease

33,600 SF

Sublease Rate: $6.50/NNN

Sublease Rep Company: Cushma & Wakefield | CRESCO Real Estate

5171 Canal Rd. | Cleveland

5171 Canal Rd. | Cleveland

Industrial Lease

30,110 SF

Lease Rate: $5.95/NNN

Lease Rep Company: CBRE

175 E. Broadway Ave. | Westerville

175 E. Broadway Ave. | Westerville

Industrial Lease

30,000 SF

Lease Rate: $9.25/MG

Lease Rep Company: Hanna Commercial Real Estate

2800 Brice Rd. | Reynoldsburg

2800 Brice Rd. | Reynoldsburg

Retail Lease

30,000 SF

Lease Rep Company: Goodman Real Estate Services Group

2859 Miamisburg Centerville Rd. | Miamisburg

2859 Miamisburg Centerville Rd. | Miamisburg

Retail Lease

20,081 SF

Tenant: Prestige Home Furnishing

Lease Rep Company: OnSite Retail Group, LLC

3300 Enterprise Pkwy. | Beachwood

3300 Enterprise Pkwy. | Beachwood

Office Lease

14,762 SF

Lease Rate: $22.00/MG

Lease Rep Company: CBRE

26361 Curtiss Wright Pkwy. | Richmond Heights

26361 Curtiss Wright Pkwy. | Richmond Heights

Flex Lease

13,800 SF

Lease Rate: $8.00/NNN

Lease Rep Company: Hanna Commercial Real Estate

144 Niles Ave. | Waynesburg

144 Niles Ave. | Waynesburg

Industrial Lease

13,220 SF

Lease Rep Company: Cutler Commercial Real Estate

9121 Kilby Dr. | Harrison

9121 Kilby Dr. | Harrison

Industrial Lease

12,000 SF

Lease Rate: $12.00/NNN

Lease Rep Company: SQFT Commercial

3563 Interchange Rd. | Columbus

3563 Interchange Rd. | Columbus

Industrial Lease

11,666 SF

Lease Rate: $10.50/NNN

Lease Rep Company: RJ Boll Realty

15651 W. High St. | Middlefield

15651 W. High St. | Middlefield

Industrial Lease

10,450 SF

Lease Rate: $6.00/NNN

Lease Rep Company: CBRE

Top New Sale & Lease Listings
400 S. Stone St. | Fremont

400 S. Stone St. | Fremont

Industrial for Sale

$13,127,000 ($53.58/SF)

Cap Rate: 7.75%

245,000 SF RBA

Sale Contact: Matt Kovesdy of Matthews Real Estate Investment Services

255 Warner St. | Cincinnati

255 Warner St. | Cincinnati

Multi-Family for Sale

$11,750,000 ($391,667/Unit)

Cap Rate: 6.38%

30 Units

Sale Contact: Ali Abdur-Rahman of Plum Tree Realty

1611 Sawmill Pkwy. | Huron

1611 Sawmill Pkwy. | Huron

Industrial/Retail Portfolio for Sale

$8,500,000 ($78.49/SF)

108,300 SF RBA

Sale Contact: Robert Mack of Signature Associates

2919-2999 Lewis Centre Way | Grove City

2919-2999 Lewis Centre Way | Grove City

Industrial for Lease

118,556 SF Available

Lease Contact: Shelby Gumpf of CBRE

6000 perimeter dr

6000 Perimeter Dr. | Dublin

Office for Lease

Lease Rate: $21.95-$24.95/MG

96,395 SF Available

Lease Contact: Bradford Kitchen of Alterra Real Estate Advisors

33 Donald Dr. | Fairfield

33 Donald Dr. | Fairfield

Industrial for Sale & Lease

$5,150,000 ($98.08/SF)

Lease Rate: $7.50/NNN

52,509 SF RBA/Available

Sale & Lease Contact: Gary Fisher of Lee & Associates

30 Merchant St. | Springdale

30 Merchant St. | Springdale

Office for Lease

95,910 SF Available

Lease Contact: Ryleigh Tumeo of E.V. Bischoff Company

2200 Prospect Ave. E. | Cleveland

2200 Prospect Ave. E. | Cleveland

Office/Retail for Lease

64,121 SF Available

Lease Contact: Fabi Miller of Colliers

7774 Dayton Springfield Rd. | Fairborn

7774 Dayton Springfield Rd. | Fairborn

Medical Office for Sale

$4,100,000 ($298.05/SF)

Cap Rate: 7.22%

13,756 SF RBA

Sale Contact: Kyle Mackulak of Matthews Real Estate Investment Services

4115 Thunderbird Lane | Fairfield

4115 Thunderbird Lane | Fairfield

Industrial for Lease

70,000 SF Available

Lease Contact: Douglas Whitten of CBRE

1025 E. Fifth Ave. | Columbus

1025 E. Fifth Ave. | Columbus

Flex for Sale

$3,500,000 ($113.86/SF)

30,740 SF RBA

Sale Contact: Jeff Sheu of Smart Move Realtors | Red1

200 N Saint Clair St

200 N. Saint Clair St. | Toledo

Office for Lease

Lease Rate: $22.00/MG

45,832 SF Available

Lease Contact: Jason Westendorf of NAI Harmon Group

1333 E. Highland Rd. | Macedonia

1333 E. Highland Rd. | Macedonia

Industrial for Lease

54,394 SF Available

Lease Contact: Sam Schulze of Albrecht, Inc.

5740 N. Green Pointe Dr. | Groveport

5740 N. Green Pointe Dr. | Groveport

Industrial for Sublease

Lease Rate: $7.15/NNN

40,000 SF Available

Sublease Contact: Russell Perry of R.E.Perry Company

3800 Embassy Pkwy. | Fairlawn

3800 Embassy Pkwy. | Fairlawn

Medical Office for Lease

Lease Rate: $23.00/FS

45,130 SF Available

Lease Contact: Marissa Rufe of NAI Pleasant Valley

1842 Enterprise Pkwy. | Twinsburg

1842 Enterprise Pkwy. | Twinsburg

Industrial for Lease

Lease Rate: $7.50/NNN

28,320 SF Available

Lease Contact: Dave Ford of CBRE

1805 Dogwood Ridge Rd. | Wheelersburg

1805 Dogwood Ridge Rd. | Wheelersburg

Multi-Family for Sale

$3,240,000 ($47,647/Unit)

68 Units

Sale Contact: Jared Leikin of Matthews Real Estate Investment Services

Industry News & Insights

CLEVELAND

  • 5 Cleveland Development Deals That Must Get Done 
  • Variety Theater sold to investor group 
  • Cleveland Clinic plans two huge garages 
  • Peak Construction Awarded Tenant Improvement Project in Ohio 
  • New Downtown Cleveland report shows softer apartment market, looks at office shakeout 
  • Team NEO claims a hand in creating 3,000 new jobs in Northeast Ohio 
  • Downtown ‘reset’ a challenge, opportunity 
  • Recipe for a Thriving US Economy: Strong Banks, Patient Policy, and an Independent yet Accountable Central Bank 
  • Cleveland Biz Park 2 to offer 700,000 sq ft 
  • 'We want our farms': Zoning commission recommends denying mega site development 
  • Browns stadium infrastructure: Brook Park pursues federal funding 
  • Parked at Cleveland’s lakefront lately? You may have paid a new fee for future development 
  • Bedrock taps new exec to lead Cleveland projects 
  • Closure of downtown DoubleTree leaves gap in Cleveland’s hotel market 
  • Lionheart Coffee expanding to Playhouse Square 

AKRON/CANTON

  • A popular retail center in Cuyahoga Falls is for sale. What we know 
  • Community's input needed to preserve Firestone Plant 1, historic Akron clock tower 
  • Akron seeks feedback on demolition options for historic Firestone Tire and Rubber Co. building 
  • Bath approves Ghent-Interchange overlay zoning amendment 
  • Akron Children's to expand presence to Rocky River, west of Cleveland 

COLUMBUS

  • Marysville weighs data center impact on water, offers 15-year tax break 
  • Hilliard residents concerned by data center backup generator emissions 
  • Columbus Business Beat: Marysville data center project, YMCA to close Central Ohio location 
  • Historic central Ohio business to open warehouse near Hilliard 
  • How could AI data centers benefit surrounding communities? New report says recycle the excess heat 
  • Will Ohio lawmakers advance stricter data center rules this year? 
  • Bill proposes a Data Center Study Commission for Ohio 
  • Local authorities in Ashville, Ohio, deny annexation request for data center project 
  • Columbus suburb sues to block Amazon data center’s six-acre array of 228 ‘fuel cells’ 
  • New Regulations for Data Centers Introduced by Ohio Democrats 
  • CCS Shifting Workers with an Eye Toward Sale of Downtown Property 
  • Concerns Raised About Possible Demolition of Historic School Buildings 
  • New Mexican Restaurant to Replace Former Zaftig Space 
  • Large Vacant Parcel in Arena District Bought by Developer 

SOUTH CENTRAL OHIO

  • Mid-Ohio Valley Climate Corner: Data centers – Where’s the beef? 

NEWMARK

  • 4Q25 Midwest Office Market Conditions & Trends 
  • 4Q25 Midwest Industrial Market Conditions & Trends 
  • 4Q25 U.S. Office Market Conditions & Trends 
  • 4Q25 U.S. Industrial Market Conditions & Trends 
  • 4Q25 U.S. Multifamily Capital Markets Conditions and Trends Report 

GENERAL

  • Google parent boosts data center spending with doubling of capital expenditure plans 
  • US office forecast brightens as demand steadies, obsolete space removed 
  • Multifamily Housing Demand Drives Investor Interest 
  • Data Center Funding Drives Oracle $50B AI Investment 
  • Industrial Aerospace Surges in US Manufacturing Shift 
  • December CRE deal volume sinks further, but office is a surprising bright spot 
  • Logistics Rents Show Signs of Bottoming in 2025 
  • Data Centers Propel Prologis Expansion Plans 
  • CRE Debt Market Sees Steady Growth in Q3 2025 
  • Opportunity Zone Changes Cut Eligibility 
  • Consumer Sentiment Rises, but Only for Stock-Heavy Households 
  • Amazon capex to hit $200bn in 2026, will mostly fund AWS data centers 
  • 2026 Data Center Outlook: What Actually Changes Next 
  • CMBS Distress Rate Forecasts Rise for 2026 
  • US apartment rents continue to rise 
  • SitusAMC Named #1 U.S. CMBS, SASB & CLO Special Servicer by Volume in 2025 
  • Multifamily Rent Trends See January Uptick Nationwide 
  • Industrial Rebound Driven by Major Investors 
  • Once a catalyst, housing-related companies still drag on logistics demand 
  • Eddie Bauer, Francesca's seek last-minute buyers as they close nearly 600 stores 
  • Eddie Bauer files for bankruptcy, announces restructuring pact 
  • US office tenant demand is back in positive territory 
  • Construction planning fell 6.3% to kick off 2026 
  • Skanska CEO: ‘We are well positioned’ to capitalize on AI boom 
  • Demand for coworking space? It’s still on the rise 
  • Office Leasing Momentum Signals Recovery in US Market 
  • Retail Openings Surge as Closures Hit Three-Year Low 
  • REIT Performance Tops Private Real Estate in Pension Plans 
  • Top 2026 Podcasts for CRE Professionals: CPE Recommends 
  • MBA–CREF Special Report: Capital Comeback 
  • January Jobs Top Expectations as Unemployment Rate Dips to 4.3% 
  • CRE Debt Maturities Projected To Drop 9% This Year As Loan Originations Jump 
  • Nuveen to Acquire Schroders in $13.5B Deal 
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