One SeaGate, 26th Floor
Toledo, Ohio 43604
418.861.1100 t
419.861.1170 f
rkgcommercial.com

NEWS RELEASE

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

Reichle Klein Office Market Trend Report

The Toledo office space market actually improved the first half of the year. The suburban sub market performed slightly better than the urban market. The vacancy rate declined 16.6%, while the average rental rate was $17.98. Total Net absorption was 93,127 square feet, while new construction was at 20,000 square feet. 

Reichle Klein is the leader of commercial real estate brokers in Ohio and Southeast Michigan.

Reichle Klein’s property management and commercial property brokerage services are there to help YOU buy, sell, lease, and manage commercial real estate. Our service and expertise becomes your property and success.