OH - Cleveland
OK - Oklahoma City Metro
DEMOGRAPHICS CBSA
ClevelandElyriaMentor, OH
DEMOGRAPHICS
Square Miles
Population
Households
Household Income Median
Employees (Total)
Unemployment
2,004
2,090,148
838,741
54,591
954,471
7.70%
CBSA
Oklahoma City, OK
MARKET HIGHLIGHTS
Square Miles
Population
Households
Household Income Median
Employees (Total)
Unemployment
5,518
1,237,539
500,869
$57,129
502,994
5.40%
MARKET HIGHLIGHTS
• The Cleveland Medical Mart became the Global Center for
• A new outlet mall (2 years old) is adding 34,000 SF of space. • Vacancy is falling because of the strong aerospace and
Health Innovations.
• Cleveland’s Retail vacancy is 8.5% (Down). • Ernst & Young Tower’s 27,600 SF was leased. • Western Reserve Partners expanded and renewed its lease. • Cleveland’s Industrial vacancy is down to 8.7%. • Rock Caesars Ohio acquired the Higbee Building and is
energy industry.
• OKC has more construction cranes operating now than any city in the US.
• B and C Apartments have become hot. • Most sectors have limited inventory. • OKC has the highest occupancy rate in Hotel rooms in the
planning a walkway.
nation with the exception of Oahu, HI.
OFFICE
retail
industrial
multy-family
OFFICE
retail
industrial
multy-family
Vacancy
n
q
q
q
Vacancy
q
n
q
q
Absorption
q
n
p
p
Absorption
p
n
p
p
Rental Rates
q
n
p
p
Rental Rates
p
n
p
n
CONTACT
CONTACT
Coldwell Banker Commercial Hunter Realty
25101 Chagrin Blvd., Suite 170 Cleveland, OH 44122 (216) 831-2911
www.cbchunter.com
Coldwell Banker Commercial Hocker & Associates
49
4323 Classen Blvd. Suite 100 Oklahoma City, OK 73118 (405) 840-4545
www.hocker.com