2023 Year-End Office Average Asking Rental Rate

CONTACT:
Joe Mehling – Director of Marketing
419.794.1137
jmehling@rkgcommercial.com

The overall market average asking rental rate dropped again, falling to $17.91 per square foot, full service, from $18.16 at mid-year 2023 and $18.22 at the end of 2022. The West Toledo/Sylvania submarket is the only submarket that recorded an increase in its average asking rate.