Where Are The Buyers ???

Posted on April 30, 2010 by Brad Kaplan

 According to Steve Timmel of Grubb & Ellis West Shell  94% of the Cincinnati area office/industrial deals completed in the last 36 months have been to buyers from outside the Greater Cincinnati area.  This statistic is astounding !  What is it about the Greater Cincinnati commercial real estate market which is so attractive to out of state buyers and investors ?  Could the stability of the economy and lack of large swings have something to do with it ?  After what we have all been through in the last 24 months a commercial/industrial market such as Greater Cincinnati is like a breath of fresh air.  The new normal to coin a phrase ! 

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