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Industrial Construction Starts Hit Five-Year Low in Columbus

The Amount of New Projects Breaking Ground in Ohio's Capital Still Outpaces Pre-Pandemic Levels of Demand
CoStar Analytics
December 12, 2023 | 8:59 P.M.

New construction is falling across the commercial real estate industry due to higher interest rates and elevated costs of labor and materials. In the Columbus, Ohio, industrial market, construction starts as of early December are at the lowest level in five years.

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