Market Trends
Get the Latest Market Trends Now!
Download Your FREE Report
INDUSTRIAL REPORT
Mid Year Marketview Report & Survey 2026
The Toledo, Ohio industrial space market rebounded in the first half of 2026 from the lull it had settled into in the prior year. While the key market metrics captured in the Reichle Klein Group mid-year market survey are a bit muted owing to last year’s slowdown, activity has been robust since. The year-to-date top transactions listed later in this report alone accounted for 1,360,000 square feet in new deals and represents one of the best six-month performances in memory.
Hot Topics
- Sharp rebound in user activity.
- Developer interest higher than
ever. - Land prices for development sites
becoming a problem.
- New construction jumps.
- New Class A leasing at over $9
PSF.
APARTMENT REPORT
Year-End Marketview Report & Survey 2025
The Toledo, Ohio apartment market continued its transition toward more balanced conditions at year end 2025. After several years of exceptionally strong performance, market fundamentals now reflect a normalization process that became evident in 2024 and continued through the past year.
Hot Topics
- Apartment market continues to normalize after exceptional cycle
- Rent growth slows as focus shifts to occupancy and retention
- Market performance becomes increasingly submarket-specific
- Competitive pressure persists where new supply remains active
- Construction pipeline narrows but continues to influence conditions
- Market enters a balanced, management-driven phase
OFFICE REPORT
Mid Year Marketview Report & Survey 2026
The Toledo, Ohio office space market continued its painfully slow recovery in the first half of 2026, according to the Reichle Klein Group mid-year survey. The overall market vacancy rate fell again from 17.48% at year-end 2025 to 16.91% in June 2026. Over the first half of the year the market absorbed 73,490 square feet of space, an impressive number in the scheme of things.
Hot Topics
- Slow Office Market Recovery
Continues - Tenant Improvement Cost Increases
Slow Deal Flow
- Lease-Ready Space Enabling Deals
- Suburbs Performing Better Than CBD
RETAIL REPORT
Mid Year Marketview Report & Survey 2026
Dynamic activity best describes the Toledo, Ohio retail space market at mid-year 2026 as it continues its recovery from the shocks of 2024 and early 2025. Several remarkable stories emerged in the first half of 2026, perhaps none of them of greater interest to the public than the redevelopment of the former Sears and Elder Beerman sites at Westgate.
Hot Topics
Westgate returns to prominence.
Trader Joe’s is finally coming to Toledo.
The return of large-scale traditional retailers.
Key market metrics all turn positive.
to speak to a representative in Northwest Ohio.