One SeaGate, 26th Floor
Toledo, Ohio 43604
418.861.1100 t
419.861.1170 f
rkgcommercial.com
NEWS RELEASE
CONTACT:
Joe Mehling – Director of Marketing
419.794.1137
jmehling@rkgcommercial.com
Reichle Klein Office Market Trend Report
The Toledo office space market actually improved the first half of the year. The suburban sub market performed slightly better than the urban market. The vacancy rate declined 16.6%, while the average rental rate was $17.98. Total Net absorption was 93,127 square feet, while new construction was at 20,000 square feet.
Reichle Klein is the leader of commercial real estate brokers in Ohio and Southeast Michigan.
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