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Columbus industrial availability rate dips for first time in a year

Shrinking sublet availability drives tightening market conditions in Ohio's capital

Maersk's 1.1 million-square-foot sublease marks Columbus' largest industrial deal year to date. (CoStar)
Maersk's 1.1 million-square-foot sublease marks Columbus' largest industrial deal year to date. (CoStar)

While industrial availability nationwide continues to rise, the availability rate in Columbus, Ohio, fell 30 basis points over the past quarter to 9% — the first time the market's availability rate has dropped in a year.

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