Southeast

Columbus - OH USA - Industrial Submarket

Industrial real estate intelligence for the Southeast submarket. 77.9M SF of inventory with 6.4% vacancy. Data sourced from various MLS platforms.

77.9MSF

Inventory

6.5MSF

Available

6.4%

Vacancy

8.1%

Availability Rate

$7.54

Asking Rent

4.9%

Rent Growth

-406,633SF

12mo Absorption

3.2MSF

Under Construction

Market Metrics

12mo Delivered

217K SF

Under Constr % of Inv

4.1%%

Sale Price/SF

$102

Cap Rate

6.6%%

12mo Sales Volume

$495,124,000

Sales Vol Growth

287.6%

Asset Value

$8,294,840,823

Net Absorption

-406,633 SF

Recent DC Sales in Market

Property	Price	SF	Buyer
5700 Innovation Dr	$7.5M	29,208	Expedient
4202 Fidelity St	-	425,720	Industrial Realty Group, LLC
12901 Plantside Dr (Part of a 2 Property Portfolio)	$22.3M	102,500	Aphorio Carter
Met Center 7 (Data Foundry)	-	49,352	Buyer 1 Walton Street Capital, LLC \| Buyer 2 Steelwave
DE1 Denver IBX® Data Center	$7.3M	30,791	Aphorio Carter

Available DC Space in Market

Property	Avail SF	Rent	Owner
Bldg 1	5,679	$14.78 - 18.07 (Est.)	New Town Holdings, LLC
Building B	20,182	$10.35 - 12.64 (Est.)	EastGroup Properties, Inc.
Commerce Center 4545	203,251	$2.83 - 3.46 (Est.)	Industrial Realty Group, LLC
725-727 Hebron Rd	47,454	$9.77 - 11.94 (Est.)	Paul Fillman
Building 2A	212,518	Not Disclosed	Lincoln Property Company

Data Centre Development Potential

Moderate vacancy (6.4%) in Southeast suggests a balanced market with selective opportunities for data centre conversion or development. Active construction pipeline of 3.2M SF indicates developer confidence in the submarket. Negative absorption of 407K SF over 12 months warrants caution, though this may create discounted acquisition opportunities.