The Coyne Report - March 6, 2026 ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­    ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­  
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Featured Coyne Listing
3615 Euclid Ave. | Cleveland Masonic Auditorium

CLEVELAND MASONIC AUDITORIUM

3615 Euclid Ave. | Cleveland

220,000 SF Commercial & Retail Complex For Sale

Significant Capital Improvements Completed Between 2018 - 2024

HVAC Added Providing Full Building Climate Control

New TPO Roof (20-Year Warranty)

Parking Lot Fully Resurfaced

Learn More About The Cleveland Masonic Auditorium
This Week's Top Sales
Mobile Home Park Sales

Multi-Property, Mobile Home Community Sales

$30,990,085 ($57,710/Unit)

537 Units

6320 Poorman Rd. N. | Vermilion

$17,918,874 ($78,592/Unit)

228 Units

Seller: Harbourtown JV LLC | Buyer: MHC Affordable Housing DST V

3107 S. Myers Rd. | Geneva

$5,731,547 ($42,144/Unit)

136 Units

Seller: Arrowhead MHC LLC | Buyer: MHC Affordable Housing DST V

3107 S. Myers Rd. | Geneva

$4,498,498 ($42,042/Unit)

107 Units

Seller: Rustic Cove MHC LLC | Buyer: MHC Affordable Housing DST V

17468 Wapakoneta Rd. | Grand Rapids

$2,841,166 ($43,048/Unit)

66 Units

Seller: Arrowhead MHC LLC | Buyer: MHC Affordable Housing DST V

Multi-Family Sale | Toledo

Multi-Family Sale | Toledo

$24,224,504 ($38,209/Unit)

634 Units

Firethorne Dr., Treetop Court, & Amanda Circle

$13,853,904 ($108,234/Unit)

128 Units

Spring Hollow Dr., Thunder Hollow Dr., Walnut Circle Dr., & Firethorne Dr.

$10,370,600 ($20,495/Unit)

506 Units

Seller: Real Estate Service Solutions Company | Buyer: Canyon Cove Apts OH LLC

2720 Elida Rd. | Lima

Retail Sale | Lima

2720 Elida Rd.

$19,500,000 ($112.02/SF)

174,078 SF

Seller: Washington Prime Group, Inc. | Buyer: Lima Tov LLC

48 Parrish Rd. | Conneaut

Nursing Home Sale | Conneaut

48 Parrish Rd.

$7,675,100 ($132.99/SF)

57,714 SF

Seller: Villa at the Lake LLC (Randall Residence) | Buyer: Meadow Falls Conneaut Propco LLC (Meadow Falls Senior Living)

6770, 6780, 6900 Southpointe Pkwy. | Brecksville

Industrial/Flex Portfolio Sale | Brecksville

6770, 6780, 6900 Southpointe Pkwy.

Call The Coyne Team for Details

104,675 SF

Seller: North Pointe Realty | Buyer: Weston, Inc.

 

 The Coyne Team is excited to announce the successful sales of 6770, 6780, and 6900 Southpointe Pkwy. in Brecksville, Ohio. We were proud to represent the owners in securing a buyer for this portfolio.

478 E. Cook Rd. | Mansfield

Multi-Family Sale | Mansfield

478 E. Cook Rd.

$6,350,000 ($66,146/Unit)

96 Units

Seller: PRE/3 | Buyer: Cedar Wood Apts Associates LLC

4540 & 4555 State Route 127 | Celina

Industrial Sale | Celina

4540 & 4555 State Route 127

$5,000,000 ($132.98/SF)

37,600 SF

Seller: Marilyn L. Westerheide, Trustee | Buyer: Westerheide Holdings LLC

3160 W. Central Ave. | Toledo

Retail Sale | Toledo

3160 W. Central Ave.

$4,400,000 ($119.23/SF)

36,902 SF

Seller: Woodruff Horton LLC | Buyer: Empowered for Excellence Holdings LLC

11555 Upper Gilchrist Rd. | Mount Vernon

Hotel Sale | Mount Vernon

11555 Upper Gilchrist Rd.

$4,300,000 ($61,429/Room)

70 Rooms

Seller: MT Vernon Star Properties Inc. | Buyer: Manyani Hotels and Resorts LLC

150 East OH-14 | Columbiana

Hotel Sale | Columbiana

150 East OH-14

$4,165,000 ($80,096/Room)

52 Rooms

Seller: Dutch Inn Properties LTD | Buyer: PKVR Hospitality LLC

Top Executed Leases Header
1120 O'Neill Dr. | Hebron

Industrial Lease | Hebron

1120 O'Neill Dr.

75,600 SF

Lease Rep Company: CBRE

2041 James Pkwy. | Heath

Industrial Lease | Heath

2041 James Pkwy.

64,000 SF

Lease Rate: $6.25/NNN

Lease Rep Company: Mid-Ohio Development

300 Downtowner Plaza | Coshocton

Retail Lease | Coshocton

300 Downtowner Plaza

45,128 SF

Lease Rep Company/Landlord: United Properties Corp.

Top New Sale & Lease Listings
12200 Corporate Dr. | Parma

Industrial for Sale | Parma

12200 Corporate Dr.

$12,000,000 ($117.42/SF)

102,200 SF RBA

Sale Contact: Brendan Wasilko of CBRE

6606 Tussing Rd. | Reynoldsburg

Industrial for Lease | Reynoldsburg

6606 Tussing Rd.

382,000 SF Available

Lease Contact: Hudson Jump, Derek Lichtfuss, & Terry Coyne of Newmark

Learn More

1521 Michigan St. | Sidney

Industrial for Sale & Lease | Sidney

1521 Michigan St.

$6,900,000 ($41.76/SF)

Lease Rate: $4.75/NNN

165,230 SF RBA/Available

Sale Contact: Tom Fairhurt of JLL

4023 Raymond Ave. | Groveport

Industrial for Lease | Groveport

4023 Raymond Ave.

Lease Rate: $7.50/NNN

110,033 SF Available

Lease Contact: Brian Marsh of JLL

29601 Solon Rd. | Solon

Industrial for Sale & Lease | Solon

29601 Solon Rd.

$4,900,000 ($69.93/SF)

Lease Rate: $6.75/NNN

70,068 SF RBA/Available

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

12406 Beecher Gamble Rd. | Marysville

Farm for Sale | Marysville

12406 Beecher Gamble Rd.

$3,427,500 ($2,013.81/SF | $250,000/AC)

1,702 SF | 13.71 AC

Sale Contact: Ron Kendle of RE/MAX Town Center Commercial

3330 Alum Creek Dr. | Columbus

Industrial for Sublease | Columbus

3330 Alum Creek Dr.

76,500 SF Available

Sublease Contact: Richard Trott of CBRE

600 Beta Dr. | Mayfield Village

Industrial for Lease | Mayfield Village

600 Beta Dr.

Lease Rate: $7.25/NNN

55,836 SF Available

Lease Contact: Jeff Haack of Diamond Properties

2455 Harrisburg Pike | Grove City

Industrial for Sale | Grove City

2455 Harrisburg Pike

$4,200,000 ($88.73/SF)

47,332 SF RBA

Sale Contact: Ryan McGreevy of NAI Ohio Equities LLC

9277 Centre Pointe Dr. | West Chester

Office for Lease | West Chester

9277 Centre Pointe Dr.

Lease Rate: $15.25/NNN

31,182 SF Available

Lease Contact: Todd Pease of JLL

3908-3982 Image Dr. | Dayton

Industrial for Lease | Dayton

3908-3982 Image Dr.

Lease Rate: $5.75/NNN

41,749 SF Available

Lease Contact: Gerry Smith of Apex Commercial Group, LLC

2540 University Dr. | Fairborn

Hotel for Sale | Fairborn

2540 University Dr.

$4,399,999 ($78,571/Room)

56 Rooms

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

5216 E. Lake Rd. | Sheffield Lake

Multi-Family for Sale | Sheffield Lake

5216 E. Lake Rd.

$4,300,000 ($179,167/Unit)

24 Units

Sale Contact: Nick Burton of Legacy Wealth Holdings

Industry News & Insights

CLEVELAND

  • Masonic Auditorium on the Market Six Months After TempleLive’s Closure 
  • Sherwin-Williams’ new HQ overflowing 
  • Downtown getting new basketball park 
  • Bedrock plans 6,200-seat outdoor concert venue on Downtown Cleveland's riverfront 
  • Bedrock splits Rock & Roll Land project 
  • Cleveland launches public survey on future of Burke 
  • Construction starts growth masks underlying weakness 
  • I-X Center deal falls apart, leaving future uncertain for historic event space 
  • Historic Warner & Swasey factory begins $64M restoration 
  • Cleveland's concert scene faces shake-up as Live Nation expands downtown 
  • I-X Center's final show marks turning point for Cleveland convention market 
  • What's really going on at the I-X Center? The situation's more complicated than it looks 
  • Browns, Brook Park release new stadium master plan 
  • Everything you missed from Cleveland’s 2026 budget hearings 
  • Cleveland-based company to close Tiffin plant, eliminate 407 jobs 
  • New Retailers, Office Tenants to Open at Crocker Park Mixed-Use Development in Westlake, Ohio 
  • Browns begin major construction work on future indoor stadium 
  • As Browns start stadium excavation, Brook Park planning commission isn't rushing to sign off 
  • Northeast Ohio data center expansion project lands $4.5 million state tax break 
  • Huntington Bank and Broadstreet launch $25M NMTC fund to fuel economic opportunity in low-income communities 
  • Cleveland-area industrial facility trades to chemical distributor 
  • Is Meijer heading to Great Northern Mall? 
  • Cleveland apartment rent growth muted in February 
  • Big Markets with Modest Apartment Supply Volumes 
  • Top dealmakers in Cleveland named CoStar Power Brokers 

AKRON/CANTON

  • Akron Council approves business expansion on Copley Road 
  • City leaders have more time to figure out future of Akron's historic Firestone Plant 1 

COLUMBUS

  • The O.H.I.O. Fund puts its money where its mantra is 
  • Supreme Court voids tariffs, leaving $4.2 billion question for Ohio 
  • Ohio EPA weighs allowing data centers to dump wastewater into rivers 
  • Trump announces data centers will cover electric costs in places like central Ohio 
  • Report: Data centers’ air pollution associated with lung issues, death 
  • Whitestone buys second downtown Columbus hotel 
  • Olympus Ventures sells greater Columbus warehouse to tenant 
  • OhioHealth gains approval to repurpose ex-Big Lots HQ in Columbus 
  • Ohio towns are pushing back against data centers -- to varying degrees of success 
  • Ohioans agree on data center concerns, split on trust in government commission to address them 
  • Report: Data centers’ air pollution associated with lung issues, death 
  • Bernie Moreno: Don’t trade clean rivers for big tech data centers 
  • How deregulation made electricity more expensive, not cheaper 
  • ‘The digital colonization of flyover states’: how datacenters are tearing small-town America apart 
  • Microsoft data centers coming to Heath, Hebron after groundbreaking 
  • Downtown Columbus KeyBank Tower Hits Auction Block At Fire‑Sale $1M 
  • Intel's New Albany Chip Factory Delayed To 2030 In Slow-Burn Buildout 
  • Dublin Digs Deep for $255 Million Hospital Tower Bet 
  • COHatch fuels expansion with a focus on suburbs 
  • The latest on "Rambling House South" and City Winery 
  • Nationwide Realty Investors to lead renovation of Two Nationwide in downtown Columbus 
  • Chemco Group Expands into North America, Laying Groundwork for Manufacturing 
  • Governor DeWine Announces 8 Projects Set to Create 1,320 Jobs, More Than $853 Million in Investments 
  • Wolfe family consolidates real estate operations under Journal Capital 
  • 2025 TOP METROS — TIER 1: CHICAGOLAND TAKES TITLE ONCE AGAIN 
  • 2025 GOVERNOR’S CUPS RANKINGS: Texas tops Site Selection’s annual facility count for the 14th year in a row 
  • Green Courte Partners Acquires Industrial Outdoor Storage Property in Columbus, Ohio 
  • Why Amazon's data centers face opposition in Hilliard 
  • Central Ohio city restricts data centers to ‘preserve its character’ 
  • $400 million multi-year renovation planned for Nationwide Arena 
  • Ohio's data center surge faces local resistance 
  • Ohio lawmakers queue up data center study commission 
  • How the new Merchant Building will reshape downtown Columbus 
  • Top dealmakers in Columbus named CoStar Power Brokers 

DAYTON

  • 2025 TOP METROS — TIER 2: Second to None: Top Tier 2 Metros Offer Robust Operating Environments 
  • Urbana passes moratorium on new data centers, leaving $1B proposal in limbo 

TOLEDO

  • New real estate rules for cash transactions are aimed at money laundering 
  • Republican underdog candidates criticize proposed Ohio data center study panel 

YOUNGSTOWN

  • Lordstown continues navigating lawsuit from data center developer 

ELSEWHERE IN OHIO

  • TOP MICROPOLITANS OF 2025: Williston Barrels Up To No. 1 
  • 70 new jobs are coming to Richland County 

NEWMARK

  • Newmark CEO calls AI a business ‘accelerant’ as firm posts record results 
  • Gosin Shakes Off AI Fears As Newmark Profit Jumps 41% Behind Surging Sales 
  • National Single Tenant Net Lease Market Overview, 4Q25 

GENERAL

  • 2026 REIT Trading Trends 
  • Sustainability Street: Data Centers Reach a Crossroads 
  • Commercial Real Estate Transactions Gain in Q4 2025 
  • Real Estate Debt Enhances Direct Lending Portfolios 
  • Multifamily Rent Growth Slows Nationwide 
  • Cava aims for 1,000 restaurants on its menu by 2032 
  • US apartment rents continue to increase in February, rising for third straight month 
  • REPORT: Blackstone To Launch Public Company To Acquire AI Data Centers 
  • Farmers Are Losing Money, But Investors Are Flocking To Farmland 
  • Lab Landlords Pony Up, Cut Rents In Tight Contest For Tenants 
  • Planet Fitness Plots Course For Almost 200 New Locations In 2026 
  • CRE Valuations Drop Below Equities 
  • Bank Risk Warnings Mirror Pre-2008 Conditions 
  • Data Center Lease Risks Hidden From Tech Giants’ Books 
  • Industrial Sector Trends Drive Growth 
  • Here are the restaurants Burger King’s owner is adding. Hint: They’re not Burger Kings. 
  • Apartment sales volume fell 25% YOY in January 
  • Tariffs drove construction input prices up to start 2026 
  • Once a Niche Asset Class, IOS is Now Mainstream 
  • US banks double lending growth, but stress isn’t over 
  • Self-Storage REITs Outlook Improves in 2026 
  • Multifamily Investment Optimism Rising in 2026 
  • Family Offices Expand Commercial Real Estate Footprint 
  • Why US hotel investors should focus on 'grinding it out till 2029' 
  • Target bets its turnaround on bolstering in-store experiences 
  • Fed Beige Book: Overall economic activity increased at a slight/ moderate pace 
  • Largest U.S. Grid Pitches Pathway For On-Site Data Center Power 
  • CMBS Delinquency Rates Fall as Loan Extensions Lead Recovery 
  • CRE Activity Index Surges in January 2026 
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