Office construction in Cleveland was muted over the past three years, reflecting the market’s tepid demand for office space and limited job growth. However, as of the fourth quarter of 2021, around 1.5 million square feet of office space is under construction, the highest level seen in the market over the past decade.
Office Construction in Cleveland at Highest Level Since 2011
Nearly 1.5 Million Square Feet of Space Is Underway
CoStar Analytics
November 22, 2021 | 9:35 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- CBIZ Building
5959 Rockside Woods Blvd, Independence, OH
- Sherwin Williams Research and Development
6701 Miller Rd, Brecksville, OH