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What to watch in Cleveland’s commercial real estate sectors in 2026

Office, industrial, retail markets signal stability while multifamily sees weak demand
Newly built industrial properties are in high demand, such as Westfield Commerce Park in Burbank, Ohio, which was completed in 2023 and is fully occupied. (CoStar)
Newly built industrial properties are in high demand, such as Westfield Commerce Park in Burbank, Ohio, which was completed in 2023 and is fully occupied. (CoStar)
CoStar Analytics
January 23, 2026 | 7:42 P.M.

Office gains drive vacancy lower, but near-term outlook remains cautious

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