Written by: Collin Fitzgerald
Collin specializes in research capabilities, providing support for the Colliers Columbus Office, Industrial and Retail groups. He is responsible for executing data reports, maintaining a commercial property database, reporting quarterly trends, performing data analysis and utilizing statistical information to predict future behavior in the market. Keep reading for Collin's insights on the Columbus Arlington/Grandview submarket in Q2 2024.
Columbus - Arlington/Grandview Office Submarket
Submarket Key Takeaways
The Arlington/Grandview submarket continues to have one of the lowest vacancy rates in the Columbus office market, with a current rate of 8.61%. We expect this vacancy rate to remain steady.
The most significant move-out in the Arlington/Grandview submarket was United Commercial Travelers of America, who moved out of 19,000 square feet in Q2. Many of the move-ins were multiple smaller tenants.
Arlington/Grandview submarket benefits from its strategic location, making it a key player in Columbus' commercial office market. Upper Arlington offers a mix of traditional office spaces and newer, high-quality developments. Just minutes from downtown Columbus,
Grandview Heights has emerged as a vibrant hub for creative industries, startups, and technology firms. The area's ongoing growth is supported by strong community planning and investment in infrastructure, making it an increasingly attractive option for companies looking for a dynamic environment with easy access to Columbus' CBD.
The two most prominent industries seeking space in the Arlington/Grandview submarket are Insurance and General.
Check out the full Q2 2024 Arlington/Grandview Submarket Office Report, as well as other Submarket Reports here!
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