In 2023 the Lorain County, OH commercial real estate market totaled 839,645 square feet of office spaces, 8,186,712 square feet of office spaces with retail, and 25,861,608 square feet of industrial space.
Office Spaces
Total: 839,645 SF
Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
| Range |
Total square feet |
Share of total |
| 50k to 100k SqFt |
460,005 SqFt |
54.79% of total office |
| 100k to 500k SqFt |
379,640 SqFt |
45.21% of total office |
By class:
| Class |
Total square feet |
Share of total |
| Class A |
205,300 SqFt |
24.45% of total office |
| Class B |
460,005 SqFt |
54.79% of total office |
| Class C |
174,340 SqFt |
20.76% of total office |
Class A office space holds a 24.45% share of the overall Lorain County, OH office market, while Class B office assets make up approximately 54.79%.
Industrial
Total: 25,861,608 SF
Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
| Range |
Total square feet |
Share of total |
| 50k to 100k SqFt |
5,026,661 SqFt |
19.44% of total industrial |
| 100k to 500k SqFt |
10,492,705 SqFt |
40.57% of total industrial |
| 500k to 1M SqFt |
4,090,089 SqFt |
15.82% of total industrial |
| > 1M SqFt |
6,252,153 SqFt |
24.18% of total industrial |
By class:
| Class |
Total square feet |
Share of total |
| Class A |
3,684,352 SqFt |
14.25% of total industrial |
| Class B |
18,326,111 SqFt |
70.86% of total industrial |
| Class C |
691,145 SqFt |
2.67% of total industrial |
There are 10,492,705 square feet of commercial real estate properties between 100k to 500k square feet, representing 40.57% of the Lorain County, OH industrial inventory. Class A assets total 3,684,352 square feet of industrial space, with an additional 18,326,111 square feet of Class B and 691,145 square feet of Class C properties.
Office Spaces with Retail
Total: 8,186,712 SF
Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
| Range |
Total square feet |
Share of total |
| 50k to 100k SqFt |
2,135,965 SqFt |
26.09% of total office with retail |
| 100k to 500k SqFt |
5,270,331 SqFt |
64.38% of total office with retail |
| 500k to 1M SqFt |
780,416 SqFt |
9.53% of total office with retail |
1051 Meister Road, Lorain, OHFor Lease
.JPG?width=450 "Pinnacle Professional Building")
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