In 2023 the Lucas County, OH commercial real estate market totaled 8,669,333 square feet of office spaces, 13,438,745 square feet of office spaces with retail, and 42,149,934 square feet of industrial space.
Office Spaces
Total: 8,669,333 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 |
2,215,652 SqFt |
25.56% of total office |
100k to 500k SqFt |
5,800,260 SqFt |
66.91% of total office |
500k to 1M SqFt |
653,421 SqFt |
7.54% of total office |
By class:
Class |
Total square feet |
Share of total |
Class A |
2,123,334 SqFt |
24.49% of total office |
Class B |
6,279,234 SqFt |
72.43% of total office |
Class C |
159,813 SqFt |
1.84% of total office |
Roughly 7.54% of the total office space in Lucas County, OH is comprised of properties between 500K to 1M square feet, and buildings between 50k to 100k square feet represent 25.56% of the office inventory.
Class A office space holds a 24.49% share of the overall Lucas County, OH office market, while Class B office assets make up approximately 72.43%.
Industrial
Total: 42,149,934 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 |
8,846,023 SqFt |
20.99% of total industrial |
100k to 500k SqFt |
19,706,669 SqFt |
46.75% of total industrial |
500k to 1M SqFt |
4,582,265 SqFt |
10.87% of total industrial |
> 1M SqFt |
9,014,977 SqFt |
21.39% of total industrial |
By class:
Class |
Total square feet |
Share of total |
Class A |
2,326,042 SqFt |
5.52% of total industrial |
Class B |
30,986,142 SqFt |
73.51% of total industrial |
Class C |
7,678,750 SqFt |
18.22% of total industrial |
There are 19,706,669 square feet of commercial real estate properties between 100k to 500k square feet, representing 46.75% of the Lucas County, OH industrial inventory. Class A assets total 2,326,042 square feet of industrial space, with an additional 30,986,142 square feet of Class B and 7,678,750 square feet of Class C properties.
Office Spaces with Retail
Total: 13,438,745 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 |
3,410,772 SqFt |
25.38% of total office with retail |
100k to 500k SqFt |
9,329,766 SqFt |
69.42% of total office with retail |
500k to 1M SqFt |
698,207 SqFt |
5.2% of total office with retail |