Office Space Demand Remains Weak but Improving

Categories: Office Real Estate

The demand in the office market for 2016 appears to be improving but over all is still very weak.  Office vacancy through out Northeast Ohio is near 30%.   What does that mean for you?  There has probably never been a better time to either buy an office building for a great price (with instant equity) or lock in low rent.  If you are able to negotiate options to renew your lease agreement, you will not only save thousands of dollars in rent, you will also position your business to control it’s space for a very long time. 

We have highly motivated office building sellers and landlords that want to make a deal.  In addition, lenders have never been more eager to loan you money on a purchase.  So please take a look at our inventory and give us a call!   View our inventory for our property types below. 

Troy Gerspacher, CCIM President, Gerspacher Real Estate Group
330.722.5002 | email