The Coyne Report - February 6, 2026 ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­    ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­  
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Featured Coyne Listing
8794 Independence Pkwy. | Twinsburg

8794 Independence Pkwy. | Twinsburg

45,886 SF Industrial Suite For Lease

9 Docks With Levelers | 32' Clearance Height

480 Volt/600 Amp/3-Phase Power | Ample Car & Trailer Parking

Learn More About 8794 Independence Pkwy.
This Week's Top Sales
760 N. Encore Dr. | Lebanon

760 N. Encore Dr. | Lebanon

Industrial Sale

$111,388,667 ($94.12/SF)

1,183,475 SF

Seller: C5 Encore I LLC | Buyer: Walmart Fulfillment Services LLC

411 Reynoldsburg-New Albany Rd. | Blacklick

411 Reynoldsburg-New Albany Rd. | Blacklick

Industrial Sale

$15,425,000 ($100.55/SF)

153,412 SF

Seller: Denutte Realty LLC | Buyer: Action Group LLC

Spruce St. | Columbus

Spruce St. | Columbus

Land Sale

$12,500,000 ($833,722/AC)

14.993 AC

Seller: New York Central Lines (CSX Transportation Inc.) | Buyer: NWD Investments LLC

36400 Center Ridge Rd. | North Ridgeville

36400 Center Ridge Rd. | North Ridgeville

Medical Office Sale

$9,475,000 ($303.83/SF)

31,185 SF

Seller: Aesthetic Consultants LLC | Buyer: Amocl-Northview LLX

1601 Thrailkill Rd. | Grove City

1601 Thrailkill Rd. | Grove City

Industrial Sale

$7,000,000 ($263,942/AC | $875.00/SF)

26.521 AC | 8,000 SF

Seller: C&S Properties of Columbus, Ltd. | Buyer: Automotive Recovery Services, Inc.

132 W. Elder St. | Cincinnati

132 W. Elder St. | Cincinnati

Retail Sale

$6,490,000 ($369.42/SF)

17,568 SF

Seller: CRDV Findlay Market LLC | Buyer: Findlay Ops LLC

5450 Route 741 | Mason

5450 Route 741 | Mason

Land Sale

$4,380,000 ($1,625,353/AC)

2.6948 AC

Seller: BW OH Kinds Mill Courseview LLC | Buyer: SOI Properties #17 LLC

6851 Steger Dr. | Cincinnati

6851 Steger Dr. | Cincinnati

Warehouse Sale

$4,150,000 ($109.50/SF)

37,898 SF

Seller: 6851 Steger Owner LLC | Buyer: Tower 9 Commercial - Oak Creek LLC

621 Dana St. NE. | Warren

621 Dana St. NE. | Warren

Industrial Sale

$4,000,000 ($15.75/SF)

254,000 SF

Seller: Dana Partners LLC | Buyer: DMT Capital LLC

14021 Francher Rd. | Westerville

14021 Fancher Rd. | Westerville

Farm Sale

$3,900,000 ($77,609/AC | $846.54/SF)

50.252 AC | 4,607 SF

Seller: DHS Farms LLC | Buyer: Fancher Road LLC

7658 Fishel Dr. N. | Dublin

7658 Fishel Dr. N. | Dublin

Industrial Sale

$1,615,000 ($67.29/SF)

24,000 SF

Seller: JDC Developments Ltd. | Buyer: Oxford Realty Advisors | 3 Peaks Capital

Executed Leases Over 10,000 SF
2200 Southwest Blvd. | Grove City

2200 Southwest Blvd. | Grove City

Industrial Lease

171,506 SF

Lease Rep Company: CBRE

30725 Solon Industrial Pkwy. | Solon

30725 Solon Industrial Pkwy. | Solon

Industrial Lease

118,159 SF

Lease Rep Company: NAI Pleasant Valley

1181 Grill Rd. | Van Wert

1181 Grill Rd. | Van Wert

Industrial Lease

50,825 SF

Lease Rate: $6.00/NNN

Lease Rep Company: Robinson Investments Ltd.

3095 Kenskill Ave. | Washington Court House

3095 Kenskill Ave. | Washington Court House

Industrial Lease

50,000 SF

Lease Rate: $5.50/NNN

Lease Rep Company: Robinson Investments Ltd.

9215 Rt. 303 | Windham

9215 Rt. 303 | Windham

Industrial Lease

32,982 SF

Lease Rate: $2.55/NNN

Lease Rep Company: Hoff & Leigh Commercial Real Estate

1110 30th St. NW. | Canton

1110 30th St. NW. | Canton

Retail Lease

22,000 SF

Tenant: Whisker's Wings & Wild Things

Lease Rep Company: Kolp and Associates

6650 W. Snowville Rd. | Brecksville

6650 W. Snowville Rd. | Brecksville

Flex Lease

16,380 SF

Lease Rep Company: Cushman & Wakefield | CRESCO Real Estate

4775 Interstate Dr. | Cincinnati

4775 Interstate Dr. | Cincinnati

Industrial Lease

15,015 SF

Lease Rate: $8.25/NNN

Lease Rep Company: Cushman & Wakefield

310 W. Crescentville Rd. | West Chester

310 W. Crescentville Rd. | West Chester

Flex Lease

11,639 SF

Lease Rep Company: JLL

700 N. Main St. | North Canton

700 N. Main St. | North Canton

Retail Lease

10,141 SF

Lease Rate: $12.00/NNN

Lease Rep Company: NAI Spring

50 W. TechneCenter Dr. | Milford

50 W. TechneCenter Dr. | Milford

Office Lease

10,063 SF

Lease Rate: $6.95/NNN

Tenant: RCS

Lease Rep Company: The Everest Group

Top New Sale & Lease Listings
9000 Smith's Mill Rd. | New Albany

9000 Smith's Mill Rd. | New Albany

Industrial for Lease

417,049 SF Available

Lease Contact: Dan Wendorf of JLL

7303 E. Rickenbacker Pkwy. | Columbus

7303 E. Rickenbacker Pkwy. | Columbus

Industrial for Sublease

357,054 SF Available

Sublease Contact: Michael Guagenti of Cushman & Wakefield

2700 Gilchrist Rd. | Akron

2700 Gilchrist Rd. | Akron

Industrial for Lease

232,228 SF Available

Lease Contact: Sam Schulze of Albrecht, Inc.

310 Park Dr. | Chardon

310 Park Dr. | Chardon

Industrial for Sale

$9,950,000 ($57.97/SF)

171,626 SF

Sale Contact: Mark Zervos of Platinum Real Estate

2200 Southwest Blvd. | Grove City

2200 Southwest Blvd. | Grove City

Industrial for Lease

129,495 SF Available

Lease Contact: Jeff Lyons of CBRE

2525 Rohr Rd. | Lockbourne

2525 Rohr Rd. | Lockbourne

Industrial for Lease

120,979 SF Available

Lease Contact: Benjamin Johnson of Cushman & Wakefield

9180 LeSaint Dr. | Fairfield

9180 LeSaint Dr. | Fairfield

Industrial for Lease

120,493 SF Available

Lease Contact: Aaron Schmidt of EQT Real Estate

6120 N. Detroit Ave. | Toledo

6120 N. Detroit Ave. | Toledo

Industrial for Sale & Lease

$4,390,000 ($44.52/SF)

Lease Rate: $4.50/NNN

98,613 SF RBA | 18,000 SF Available

Sale & Lease Contact: Jared Jensen of Signature Associates

711 Southwood Ave. | Columbus

711 Southwood Ave. | Columbus

Industrial for Lease

Lease Rate: $4.75/NNN

93,039 SF Available

Lease Contact: Dan Sheeran of NAI Ohio Equities LLC

1939 Refugee Rd. | Columbus

1939 Refugee Rd. | Columbus

Industrial for Sale & Lease

86,650 SF RBA/Available

Sale & Lease Contact: Nick Tomasone of CBRE

9870 Crescent Park Dr. | West Chester

9870 Crescent Park Dr. | West Chester

Industrial for Sale

$6,000,000 ($85.71/SF)

70,000 SF RBA

Sale Contact: William Keefer of Colliers

560 N. Cleveland Ave. | Westerville

560 N. Cleveland Ave. | Westerville

Medical Office for Sale & Lease

$5,500,000 ($289.25/SF)

Lease Rate: $16.95/NNN

19,015 SF RBA/Available

Sale & Lease Contact: Molly Leach of CBRE

7600, 7602, 7592 Tylers Place Blvd. | West Chester

Office Portfolio for Sale & Lease

7600, 7602, 7592 Tylers Place Blvd. | West Chester

$4,505,245 ($195.03/SF)

Lease Rate: $14.00/N

23,100 SF RBA/Available

Sale & Lease Contact: Rusty Myers of JLL

2375-2405 International St. | Columbus

2375-2405 International St. | Columbus

Industrial for Sublease

51,964 SF Available

Sublease Contact: Mike Hurd of Cushman & Wakefield

780 High St. | Wadsworth

780 High St. | Wadsworth

Medical Office for Sale

$3,505,000 ($309.22/SF)

Cap Rate: 5.50%

11,335 SF

Sale Contact: Dan Cooper of Cooper Commercial Investment Group

3475-3497 Newmark Dr. | Miamisburg

3475-3497 Newmark Dr. | Miamisburg

Office for Lease

40,000 SF Available

Lease Contact: John Orr of Oberer Realty Services

5762 W. Central Ave. | Toledo

5762 W. Central Ave. | Toledo

Retail for Sale

$4,660,000 ($1,240.68/SF)

Cap Rate: 6.60%

3,756 SF GBA

Sale Contact: Christopher Lind of Marcus & Millichap

601 S. High St. | Columbus

601 S. High St. | Columbus

Retail for Sale

$4,248,750 ($429.17/SF)

Cap Rate: 8.00%

9,900 SF

Sale Contact: Alexander Machado of Matthews Real Estate Investment Services

Multi-Family Portfolio for Sale | Sandusky

Multi-Family Portfolio for Sale

Sandusky

$7,550,000 ($160,638/Property | $86,782/Unit)

47 Properties | 87 Units

Sale Contact: Tarina Sidoti of Bershire Hathaway Professional Realty

1917-2011 Sweetbriar Ln. | Springfield

1917-2011 Sweetbriar Ln. | Springfield

Multi-Family for Sale

$4,000,000 ($71,429/Unit)

56 Units

Sale Contact: Paul McHugh of Income Property Organization

Industry News & Insights

CLEVELAND

  • Office and industrial assets boost sales activity in Cleveland in 2025 
  • Cleveland bakery Pasteleria y Café to open near Public Square 
  • Ohio City hotel gets financing extension 
  • City Hall: Cleveland community development corporations at ‘weakest point in a generation’ 
  • Cleveland is creative in forcing property owners to end nuisances, but is the policy fair? 
  • Step by step, the Browns’ stadium plan advances in Brook Park City Hall 
  • Jimmy Haslam says Browns will break ground on enclosed stadium in Brook Park on March 2 
  • Irishtown Bend hillside ready for next step 
  • Battery Park’s next big project 
  • Raises, repairs and ‘leaner times’: A first look at Cleveland’s $2.3 billion budget 
  • Lubrizol to help find new occupant for company’s Brecksville campus -- but loss will impact city, mayor says 
  • Cleveland Clinic's architects devise glass atrium to connect buildings 
  • With 18 school buildings set to close, Cleveland is asking neighbors what they want to see 
  • Seeds & Sprouts 35 – Public House, National Foods Packaging, A to Z Furniture to expand, Downtown warming shelter, Airport cargo demo 

AKRON/CANTON

  • Akron City Council OKs marijuana dispensary in former CVS location 
  • Magic City Brewing Co. shutting down both locations 
  • 2026 Destination Development Grants Fuel Tourism Growth Across Summit County 

COLUMBUS

  • MDH Partners closes $107 million in financing from U.S. Bank 
  • Industrial deals fuel rebound in Columbus real estate sales 
  • Ohio bill would task bipartisan group with researching data center concerns 
  • National retailer files for bankruptcy after billions in debt, closing only Ohio location here in Cbus 
  • Anduril provides update on 'Aresenal-1' project in Pickaway County 
  • One year of Arsenal-1: Anduril offers new look at Ohio project 
  • Update: Anduril Makes Progress on Central Ohio Weapons Manufacturing Facility 
  • Data centers approved in Jerome Township despite nine-month moratorium 
  • Aerospace Lubricants Expands Columbus, Ohio, Production Operations 
  • $6 billion U.S. manufacturing investment to aid New Albany data center 
  • $1 billion data center planned for Columbus suburb with 15 year, 100% tax exemption 
  • Ashville Council Rejects Data Center Annexation, Emphasizes Regional Cooperation and Updated CEDA Agreement 
  • Top 10: Sustainable Data Centres 

SOUTH OF COLUMBUS

  • Ashville Hosts Town Hall on Annexation, Data Center Plans, and Looming Water Infrastructure Crisis 

DAYTON

  • Israeli company eyes Dayton manufacturing hub, 50 jobs 
  • QDOBA seeks to expand across Dayton, Columbus 
  • Cooper Commercial Negotiates Sale of Single-Tenant Retail Property in Suburban Dayton  
  • Aerospace Manufacturing Space Demands Surge With Federal Spending, Industry Innovation 

TOLEDO

  • Nature's Miracle Holding Inc. Secures $5 Million Loan Backed by Ohio Property 
  • Goodyear to Close Tall Timbers Facility 

NEWMARK

  • Real Estate Alert - Office Sales Up 35%; Newmark Takes 1st Title 
  • 2026 Workplace Strategy: Design Trends, Disruptive Forces and Executive Action 
  • 4Q25 U.S. Capital Markets Conditions & Trends 
  • 4Q25 U.S. Retail Market Conditions and Trends Report 
  • 4Q25 Cleveland Office Market Highlights (1 pager) 
  • 4Q25 Cleveland Industrial Market Highlights (1 pager) 
  • 4Q25 Columbus Office Market Highlights (1 pager) 
  • 4Q25 Columbus Industrial Market Highlights (1 pager) 

GENERAL

  • Commercial Real Estate Leaders React To The Fed's Decision To Hold Rates 
  • What Amazon’s Store Closures Signal for Retail CRE 
  • Tech Drives Growth in U.S. Office Demand for 2025 
  • Co-Working Market Surges Amid Flexible Office Demand 
  • Industrial Trends Shape 2026 Real Estate Market 
  • Multifamily Loans Face Stress from 2021–2022 Vintages 
  • CRE Debt Markets Show Selectivity in 2026 
  • Consumer Spending Drives Growth in 2025 
  • CoStar Shake-Up Sought Amid Homes.com Underperformance 
  • Apartment Supply Drops Below 100K Units Nationwide 
  • 2025 Single-Tenant Net Lease Sales Volume & Cap Rates 
  • CMBS Market Outlook Shows Resilient Growth in 2026 
  • Alternative Investment Growth Hits $203.7B in 2025 
  • Meta, Microsoft execs defend move to double down on record data center spending 
  • Commercial Real Estate Cap Rates Show Measured Expansion Through 2025 
  • Musk, Zuckerberg Accelerate Data Center Spending, Reveal Competing AI Visions 
  • Office Report: As Vacancy Eases, Coworking Bridges the Gaps 
  • Industrial CRE: Rebalance in 2025, Nuanced Outlook for 2026 
  • CRE Development Drives $1.55T US GDP Surge 
  • CRE Recovery Timeline Extends to 2027 
  • Tariffs lifted nonresidential construction costs 3.2% in 2025 
  • U.S. Manufacturing Returns to Expansion as ISM PMI Jumps Above 50 
  • A major outdoor clothing retailer is closing hundreds of stores 
  • Demographics and Investor Demand Driving Growth in Self Storage; Localities Pushing Back 
  • US industrial vacancy rate forecast to peak in 2026 
  • Interest Rates Outlook Remains Steady for CRE Buyers 
  • Private Clubs Reshape Retail Anchors 
  • Self-Storage Occupancy Trends 2025 Data Insights 
  • CMBS Delinquency Rate Jumps in January 
  • The One Big Beautiful Bill: Catalyst or Constraint for CRE’s Next Cycle? 
  • A pizza icon is closing 250 locations. Here’s why 
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