Airport

Cincinnati - OH USA - Industrial Submarket

Industrial real estate intelligence for the Airport submarket. 45.9M SF of inventory with 6.3% vacancy. Data sourced from various MLS platforms.

45.9MSF

Inventory

3.9MSF

Available

6.3%

Vacancy

8.3%

Availability Rate

$7.54

Asking Rent

2.9%

Rent Growth

1.9MSF

12mo Absorption

715KSF

Under Construction

Market Metrics

12mo Delivered

1.5M SF

Under Constr % of Inv

1.6%%

Sale Price/SF

$87

Cap Rate

7.6%%

12mo Sales Volume

$37,447,794

Sales Vol Growth

-84.3%

Asset Value

$4,058,205,625

Net Absorption

+1.9M SF

Recent DC Sales in Market

Property	Price	SF	Buyer
Mason Data Center	$2.3M	80,000	Vora Ventures
587 James S McDonnell Blvd (Part of a 10 Property Portfolio)	$15.7M	109,000	Buyer 1 Altum Digital Infrastructure \| Buyer 2 Igneo Infrastructure Partners
Rackspace	-	77,546	Max Management Corp.
2300 NW 89th Pl	$8.0M	94,449	Banyan Street Capital
Atlanta Airport Data Center	$65.5M	344,000	Menlo Equities

Available DC Space in Market

Property	Avail SF	Rent	Owner
4400 Port Union Rd	94,814	$7.50 - 14.00	Contingent Holdings, LLC
4025 E Cotton Center Blvd	60,512	$12.57 - 15.36 (Est.)	Property Income Advisors, Inc.
4239 Piedmont Pky	18,483	$8.78 - 10.74 (Est.)	Louis DeJoy

Data Centre Development Potential

Moderate vacancy (6.3%) in Airport suggests a balanced market with selective opportunities for data centre conversion or development. Active construction pipeline of 715K SF indicates developer confidence in the submarket. Positive net absorption of 1.9M SF over the past 12 months signals healthy demand fundamentals.