Cincinnati Industrial Figures Q2 2026

Strong positive net absorption continued with 2.7 million sq. ft. in Q2 (5.5 million sq. ft. YTD) led by Novolex Holdings’ 897,000 sq. ft. new lease at 201 Richard Knock Highway in the Northern Kentucky submarket.

The Cincinnati industrial market recorded an uptick in leasing activity during the second quarter, totaling 7.4 million sq. ft., including Premium Guard’s 710,400 sq. ft. new lease at 1100 Worldwide Boulevard.

281,000 sq. ft. of construction delivered in Q2, across Design Within Reach’s 112,000 sq. ft. expansion in the Central submarket and the 89,000 sq. ft. Airpark Business Center in the Northern

Kentucky submarket. Despite decreasing under construction volume, several sizeable projects are expected to break ground in the upcoming quarter.

The market continued to tighten as overall availability declined 100 basis-points (bps) quarter-over-quarter to 5.6% and vacancy declined 60 bps quarter-over-quarter to 4.0%