July 31, 2026 - The Coyne Report ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­    ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­  
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Coyne Report Header February 2026

2nd Quarter 2026 Cleveland & Columbus Industrial Market Reports

Cleveland Industrial
Cleveland Industrial Market Report
Columbus Industrial
Columbus Industrial Market Report
Featured Coyne Listing
3235 Moline-Martin Rd. | Millbury

Industrial Truck Terminal For Sale

Sale Price: $4,500,000

3235 Moline-Martin Rd. | Millbury

21,564 SF | 3,360 SF Bonus Storage Garage | 31.06 AC

Immediate Access to I-280, I-80/I-90, & SR 795

Learn More About 3235 Moline Martin Rd.
This Week's Top Sales
Nursing Home Portfolio Sale

Nursing Home Portfolio Sale

$15,418,605 ($93.74/SF)

164,484 SF

2594 E. High Ave. | New Philadelphia

$5,722,500 ($65.57/SF)

87,268 SF

5757 Whiteford Rd. | Sylvania

$5,600,000 ($134.42/SF)

41,660 SF

4426 Homestead Dr. | Brunswick

$4,096,105 ($115.20/SF)

35,556 SF

Seller: Divine Healthcare Management | Buyer: Fairview Healthcare Management

Why: Fairview Healthcare Management likely acquired the nursing homes from Divine Healthcare Management to expand its skilled nursing footprint in Ohio, upgrade lower‑rated assets, and capture operational and financial upside through improved quality scores and occupancy.  

Nursing Home Portfolio Sale

Nursing Home Portfolio Sale

$13,285,000 ($120.28/SF)

110,442 SF

694 Isaac Prugh Way | Kettering

$6,845,000 ($162.26/SF)

42,186 SF

2923 Hamilton Mason Rd. | Hamilton

$6,440,000 ($94.35/SF)

68,256 SF

Seller: Ciena Healthcare | Buyer: Saber Healthcare Group

Why: Saber Healthcare acquired these assets as part of a larger portfolio transaction to expand its skilled nursing footprint and deepen its presence across key Midwestern markets, including Ohio, through affiliation with former Ciena/Laurels facilities totaling 27 across 3 states. 

2333 McCall St. | Dayton

Industrial Sale | Dayton

2333 McCall St.

$11,000,000 ($27.66/SF)

 397,716 SF

Seller: Phoenix Investors | Buyer: Sunsong North America, Inc.

Why: Sunsong North America, Inc., an automotive fluid transfer hose manufacturer and distributor already operating in the Dayton metro, likely acquired this industrial complex to expand its regional warehousing and distribution capacity, consolidating or growing its North American supply chain operations in an owned facility.

7455 Reliance St.

Industrial Sale | Columbus

7455 Reliance St.

$6,700,000 ($335.00/SF | $1,208,594/AC)

20,000 SF | 5.585 AC

Seller: Huntington Group LLC | Buyer: Alterra Property Group, LLC

Why: Alterra Property Group likely bought the 20,000 SF industrial building to add a well-located, small-bay industrial/IOS asset in the Columbus logistics market that fits its national industrial outdoor storage aggregation and rent-growth strategy.

824 W. Alexis Rd. | Toledo

Retail Sale | Toledo

824 W. Alexis Rd.

$6,205,000 ($68.56/SF)

90,507 SF

Seller: PDQ Properties | Buyer: 821 W. Alexis Road Associates LLC

Why: PDQ Properties appears to have sold this stabilized, multi-tenant community shopping center as part of its stated strategy of planning exits from day one and actively participating in the 1031-exchange market, recycling capital from a seasoned Ohio retail asset into new acquisitions.

4850 Butler Warren County Line Rd. | Monroe

Land Sale | Monroe

4850 Butler Warren County Line Rd.

$5,866,950 ($59,669/AC)

98.325 AC

Seller: Hills Developers, Inc. | Buyer: Scannell Properties

Why: Scannell Properties acquired this land along the I-75 corridor to advance a confirmed build-to-suit 390,000 SF food distribution development ('Project Clear') for a single, as-yet-unnamed food-industry tenant, consistent with Scannell's core model of site-controlled, tenant-driven industrial delivery.

6760 NW. State Route 516

Land Sale | Dundee

6760 NW. State Route 516

$4,575,200 ($28,000/AC)

163.4 AC

Seller: Donald D. Prysi | Buyer: Cornerstone Escrow & Exchange Services LLC

Why: This transaction appears to involve a 1031 like-kind exchange, with Cornerstone Escrow & Exchange Services LLC acting as the qualified intermediary holding title on behalf of an unidentified exchanger who likely acquired this agricultural land as a tax-deferred replacement property.

100 11th St. | Niles

Mobile Home Community Sale | Niles

100 11th St.

$3,962,500 ($17,930/Unit)

221 Units

Seller: HH Suburban Village LLC | Buyer: SOC Buckeye LLC

Why: SOC Buckeye LLC likely acquired this mobile home community to add an operating, land-lease manufactured housing community to a private portfolio, targeting lot-rent income in a supply-constrained, affordable-housing market with value-add potential through improved management or rent optimization.

4800 Wadsworth Rd. | Dayton

Industrial Sale | Dayton

4800 Wadsworth Rd.

$3,600,000 ($98.13/SF)

36,686 SF

Seller: Hinkle Fine Foods | Buyer: 4830 Wadsworth Rd Dayton OH LLC

Why: Hinkle Fine Foods most likely sold this asset to unlock capital for facility upgrades and business growth, possibly via a sale‑leaseback that allows them to retain operational use of the site under an investment‑oriented ownership structure. 

495 Crescent Place | Gahanna

Retail Sale | Gahanna

495 Crescent Place

$3,425,926 ($559.06/SF)

6,128 SF

Seller: CP Crescent LLC | Buyer: 495 Crescent Circle Gahanna Ohio LLC

Why: The buyer likely acquired this commercial retail pad, occupied by a Sheetz convenience and fuel operator, to secure long-term, passive income through a NNN ground-lease structure with a national credit tenant, a common net-lease investment strategy for private investors.

Top New Sale Listings
409 Orange Point Dr. | Lewis Center

Sports Facility for Sale | Lewis Center

409 Orange Point Dr.

$6,260,000 ($100.16/SF)

Cap Rate: 6.90%

62,500 SF

Sale Contact: Eric Shea of Newmark

Industrial Portfolio for Sale

Industrial Portfolio for Sale

1900 Missouri Ave. | Granite City, IL

7730 Bond St. | Glenwillow, OH

7625 Bond St. | Solon, OH

7695 Bond St. | Solon, OH

$15,493,000 ($221.52/SF)

Cap Rate: 7.5%

69,939 SF

Sale Contact: Rocco Driscoll of Northmarq

Spohn Rd. | Jackson

Land for Sale | Jackson

Spohn Rd.

$5,114,280 ($6,000/AC)

852.38 AC

Sale Contact: Nea Henry of Appalachia Realty

5000 Springfield St. | Dayton

Office for Sale | Dayton

5000 Springfield St.

$5,000,000 ($84.62/SF)

59,091 SF

Sale Contact: Timothy Albro of Crest Commercial Realty

9734 Miller Rd

Land for Sale | Johnstown

9734 Miller Rd.

$4,488,000 ($200,000/AC)

22.44 AC

Sale Contact: Christy Sinningson of RE/MAX Affiliates, Inc.

4770 Indianola Ave. | Columbus

Office for Sale | Columbus

4770 Indianola Ave.

$4,250,000 ($114.48/SF)

37,124 SF

Sale Contact: Chad Boggs of NAI Ohio Equities LLC

3386-3400 Snouffer Rd. | Columbus

Office Portfolio for Sale | Columbus

3386-3400 Snouffer Rd.

$3,995,000 ($184.71/SF)

21,628 SF

Sale Contact: Bradford Kitchen of Alterra Real Estate Advisors

400 Great Lakes Pkwy. | Bellevue

Warehouse for Sale | Bellevue

400 Great Lakes Pkwy.

$3,775,000 ($75.50/SF)

50,000 SF

Sale Contact: Patrick Dowd of Sequoia Realty Corp.

255 W. Lakeshore Dr. | Port Clinton

Hotel for Sale | Port Clinton

255 W. Lakeshore Dr.

$3,295,000 ($47,754/Room)

69 Rooms

Sale Contact: Paul Schadek of SVN | Wilson Commercial Group, LLC

1240 Carlisle Ave. | Bellefontaine

Industrial for Sale | Bellefontaine

1240 &1363 Carlisle St.

$3,100,000 ($36.36/SF)

85,252 SF

Sale Contact: Matthew Osowski of NAI Ohio Equities LLC

Top Executed Leases
4229 Raymond Ave. | Ashville

Industrial Lease | Ashville

4229 Raymond Ave.

1,027,649 SF

Lease Rep Company: JLL

5265 Provident Dr. | West Chester

Industrial Lease | West Chester

5265 Provident Dr.

323,700 SF

Lease Rep Company: JLL

4023 Raymond Ave. | Groveport

Industrial Lease | Groveport

4023 Raymond Ave.

110,033 SF

Lease Rep Company: JLL

125 Lena Dr. | Aurora

Industrial Lease | Aurora

125 Lena Dr.

60,000 SF

Landlord Company: Weston, Inc.

1730 River Valley Circle | Lancaster

Retail Lease | Lancaster

1730 River Valley Circle

52,000 SF

Lease Rep Company: Passov Real Estate Group

Top New Lease Listings
3400 Southpark Place | Grove City

Industrial for Sublease | Grove City

3400 Southpark Place

139,807 SF Available

Sublease Contact: Richard Trott of CBRE

2411 E. Wheeling Ave. | Cambridge

Industrial for Lease | Cambridge

2411 E. Wheeling Ave.

53,900 SF Available

Lease Contact: Becky Jeffery of Carol Goff & Associates

Industry News & Insights

CLEVELAND

  • Cleveland's $3B lakefront vision gains momentum
  • Cleveland Amphitheater headlines riverfront’s next act
  • Downtown tower gives new meaning to ‘mixed use’
  • Shaker Square development site ID’d
  • How Playhouse Square is thinking about the next act for Cleveland's Greyhound station
  • Midtown, Fairfax developments emerge
  • Now arriving at Crocker Park — IKEA?
  • Partners ready to redevelop former Progressive campus
  • Private aviation company Flexjet plans to add 976 jobs in Richmond Heights in big expansion
  • Exclusive: Cleveland Industrial Facility Lands $78M Refi
  • Ohio City awaits new apartments, retail
  • Next-gen IKEA store coming to Greater Cleveland
  • Planned Euclid soundstage aims to bring Hollywood-scale production indoors
  • MAG Capital Partners closes sale of six-property industrial portfolio across Midwest
  • Bibb pitches Cleveland in trip to London
  • Cross-lake ferry service floated
  • Clinic pursues Cedar Avenue properties
  • Living legacy: How a west side warehouse became a creative cornerstone
  • Cleveland’s ‘living room’ turns 10: Public Square continues to redefine downtown Cleveland

AKRON/CANTON

  •  Future data centers in Akron may face new review process  

COLUMBUS

  • Zoning overhaul linked to Columbus' sharp jump in apartment building
  • Exclusive: SK hynix in talks to buy Intel’s Ohio chip campus for U.S. memory production
  • Reports: Intel considers partner to help run Ohio plant
  • Columbus approves economic agreement to redevelop Discovery District parking lots
  • Columbus looks to regulate data center developments
  • Gov. Mike DeWine signs Trump pledge pushing data centers to pay for power
  • Data center company hopes to intervene in case before Ohio Supreme Court
  • Ohio Supreme Court deciding if citizens can vote on data center
  • 1-GWh energy storage project to be sited on Ohio data center campus

DAYTON

  • Peak Construction Awarded Scannell Properties’ Interstate Aviation Hub in OH
  • Legacy Commercial Property Announces Two Dutch Bros-Anchored Developments

TOLEDO

  • Atlantic Capital Partners Arranges $6.2 Million Sale of North Towne Commons in Toledo, Ohio

YOUNGSTOWN

  • WATCHDOG REPORT: Email records show Youngstown leaders have sought major data center for past year  

ELSEWHERE IN OHIO

  • Data centers have become a political issue. Here's where the gubernatorial candidates stand.
  • As voters turn on data centers, Husted pushes new ratepayer protections
  • Battery Park Marina redevelopment brings $229M mixed-use project to Sandusky waterfront
  • Chillicothe leaders were unaware of plans for data center at former paper mill site
  • Liberty Twp. trustees to review all data center projects case-by-case
  • Nvidia is in talks to back OpenAI's Ohio data center with $250 billion in financing
  • Vitro plant reverses closure, adding 53 jobs
  • ‘We’re dying:’ Pike County residents balance new nuclear jobs with past radiation
  • Ohio Farm Bureau Praises EPA Data Center Permit Decision

NEWMARK

  • Freight Reallocation and Industrial Network Strategy
  • 2025 Newmark Annual Report
  • Newmark Reports Second Quarter 2026 Financial Results
  • Newmark Posts Record Q2 Revenue, Holds Guidance Flat

GENERAL

  • Groundbreakings cooled in June after megaproject boom eased
  • How data center projects are reshaping extended stay hotel demand
  • Office-to-Multifamily Conversions Accelerate as Values Fall
  • REIT Capital Raising Hits $20B in Q2 2026
  • Why Google's $205B AI Spending Plan Sparked Wall Street Turmoil
  • Foreign investors push US manufacturing investment to new high
  • Jobless claims fall to their lowest since 1969
  • Growing alliance supports pledge for data centers to fund their own power
  • US Multifamily Loan Balances Surge 53% Since 2019
  • Private Real Estate Fundraising Drops to Nine-Year Low
  • Trump, Republican governors sign AI data center pledge aimed at limiting utility rate increases
  • Data centers to use 1/5 of US power by 2035: Report
  • Has Data Center Development Hit a Wall?
  • 2026 Office Net Lease Sales Volume and Cap Rates
  • 2026 CMBS Delinquency Rates
  • Why Premium Grocers Skew CMBS Delinquency Rankings
  • Long-Term Treasury Yields Hit Highest Levels Since 2007
  • Big Banks Resume CRE Lending as Deal Activity Surges
  • US business activity hits eight-month high as costs climb
  • Large logistics tenants pour into new space rather than renew leases
  • Battery Storage Is Real Estate's Supercharged New Asset Class
  • More Than 80 Countries Hit With New Tariffs, Further Clouding CRE Pricing
  • Rise of the Data Center ‘Wildcatters’
  • Hotels Are Sinking, Offices Are Winning. Why Is CRE Increasingly Divided?
  • Second recent US House proposal would limit data center projects on federal land
  • Investors keep pouring into medical office buildings
  • Starwood Acquires 1.37M SF Midwest Industrial Portfolio
  • States Face Pivotal Ballot Fights Over Property Tax Cuts
  • NCREIF Index Marks Fourth Quarter of Rising CRE Returns
  • Global Tariffs Raise CRE Construction Costs and Risks
  • Deferred Opportunity Zone Tax Bills Loom for High Earners
  • Office Discounts Create Conversion Opportunities
  • Largest U.S. Grid Operator Scrambles For Power, Warns Of Data Center Outages
  • States trim tax breaks as data center backlash grows
  • Self-Storage Investment Surges as Sector Finds Its Floor
  • Fed Holds Rates Steady Despite Dissenting Voices
  • Three Votes for a Hike Shift the Fed’s Center of Gravity: Analysis
  • Aligned Data Centers Completes $1.2B Securitization Financing
  • America's War Machine Is Growing, Sparking A Defense Real Estate Boom
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