Review Market Trends

Built Around You

Industrial Report

Toledo Industrial Marketview Report Endyear 2018

2018 was an absolutely remarkable year for the Toledo, Ohio, region, generally, and particularly for its industrial real estate market. The ongoing vitality of the industrial-space market demonstrated by the key metrics in this report is, in itself, noteworthy. But, when one considers the extraordinary number of large-scale manufacturing- and warehouse-project announcements which have accumulated during the past 12 to 24 months, it is hard to imagine when Northwest Ohio has experienced a better period of economic growth. Further, given the multiplier and economic base-diversifying effects of several of these projects, the region seems to be poised for sustained growth in the future. Finally, while meaningful additional white-collar job growth is crucial to the Toledo region’s economic health, it is so gratifying to see its industrial sector come roaring back and, with it, demand for the region’s outstanding blue-collar workforce.

Download full complimentary report

Please provide us some information

Hot Topics

Another remarkable year for industrial market
Region poised for sustained growth
Vacancy continues decline into record-low territory
Market absorbs nearly 3.5 million SF in past 18 months
Rising asking rates begin responding to tight market
New space under construction remains at historically high level

Property Finder

Featured Listings

News & Information

Reichle Klein Group’s Investment Property Advisors Apartment Group Orchestrates $6.3 Million Apartment Sale

Reichle Klein Group recently coordinated the $6.3 million sale of North Towne Villas, a 145-unit apartment complex in Toledo, Ohio.

Reichle Klein Group Sells $2.2 Million Office Building

Reichle Klein Group recently coordinated the $2.2 million sale of an office building in Maumee, Ohio.

Reichle Klein Group Completes $1.025 Million Industrial/Flex Sale

Reichle Klein Group recently orchestrated the $1.025 million sale of an industrial/flex building in Toledo, Ohio.

Reichle Klein Group Arranges $5.2 Million Sale of Industrial Building

Reichle Klein Group recently orchestrated the $5.2 million sale of a single-tenant, net-leased industrial building in Toledo, Ohio.

Reichle Klein Group Orchestrates 26,586 SF Office Lease

Reichle Klein Group recently arranged a multi-year office lease for 26,586 SF in Maumee, Ohio’s Arrowhead Business Park.

Reichle Klein Group Orchestrates $1.65 Million Office Building Sale

Reichle Klein Group recently coordinated the $1.65 million sale of an office building in Maumee, Ohio.

Reichle Klein Group Arranges $2 Million Industrial-Building Sale

Reichle Klein Group recently orchestrated the $2 million sale of the former Champion Windows building in Maumee, Ohio.

Reichle Klein Group Arranges 98,000 SF Lease for Big R

Reichle Klein Group recently orchestrated the lease of a former Sears store in Findlay, Ohio.

Reichle Klein Group Brokers $3.968 Million Sale of Medical-Office Building

Reichle Klein Group recently arranged the $3.968 million sale of a medical-office building in Perrysburg, Ohio.

Reichle Klein Group Arranges $2.625 Million Sale of Former Auto Dealership

Reichle Klein Group recently orchestrated the $2.625 million sale of a former auto dealership in Toledo, Ohio.

Case Studies

114 S. Byrne Road, Toledo, Ohio

Byrning Hill Plaza

Challenge: Our team was hired thru the Receiver to sell this property on behalf of a Receiver appointed at the request of Huntington Bank. We listed the property at $1.4M and put together a thorough offering memorandum f…

380 Dussel Drive, Maumee, Ohio

Tolson Enterprises

Challenge: Tolson Enterprises was interested in selling an investment property that was approaching the end of the primary tenant’s term. The focus was to be on potential users or Investors. The challenge was to find an …

1800 Nathan Street, Toledo, Ohio

Magna Exteriors & Interiors of America Inc.

Challenge: We were engaged to sell a 177,500 SF single tenant, net leased, Class A industrial asset with a newly negotiated lease term of 8 and one half years. Our first challenge was to obtain the listing as listing di…

1331 McCord Road, Holland, Ohio

Shops at Spring Meadows Place

Challenge: The developer/owner decided to put a newly constructed, multi-tenant strip center on the market. The pricing and cap rate were aggressive for the Toledo market, and 1,320 square feet of the center remained vac…

5415 Monroe Street, Toledo, Ohio

Huntington Bank / Nic Dumas, Duma Properties, LLC

Challenge: We were engaged as Receiver tasked with assuming the management and selling of a suburban multi-tenant office building. The major tenant in the building was the owner of the property who was not performing the…

3103 Executive Parkway, Toledo, Ohio

Medical Mutual of Ohio

Challenge: Leverage a hot investment property market in the disposition of a 100,000 square foot office tower in suburban Toledo. The Client, Medical Mutual of Ohio, no longer occupied the building and had leased the en…

1311 McCord Road, Holland, Ohio

Sky Bank

Challenge: The developer/owner decided to put a newly constructed, build to suit, single-tenant property on the market subsequent to lease execution. The pricing and cap rate were quite aggressive for the Toledo market …

1695, 1705 & 1715 Indian Wood Circle, Maumee, Ohio

John Barone

Challenge: The owners of Arrowhead Properties, two Class A multi-tenant office properties located in prestigious Arrowhead Business Park, decided the time was right to opportunistically attempt to take advantage of what …

1697, 1705 & 1715 Indian Wood Circle, Maumee, Ohio

Midfirst Bank

Challenge: We were asked to take this largely vacant REO office building portfolio to market for sale in the depths of the recession in 2010. Office properties in tertiary markets were perhaps the least favored asset cl…

127 & 133 Mel Simon Drive, Toledo, Ohio

North Towne Villas

Challenge: We were engaged by the owner of North Towne Villas, a two member LLC that had originally developed the property, to sell the community in order to take advantage of the strong market for apartment investment p…