New lease: Falling rental vacancy rates and increased demand will boost industry revenue

Operators in the Commercial Leasing industry in Ohio serve as lessors of buildings that are not used as residences or dwellings. Consequently, industry growth is closely tied to the health of the general state economy and surrounding business environment. Over the five years to 2018, demand for industry services in Ohio has been driven by favorable macroeconomic conditions, an increasing number of businesses in the state and declining office rental vacancy rates. However, the industry's growth potential has been hindered by stagnant private investment in nonresidential construction, which directly correlates with movements in industry revenue. Overall, industry revenue in Ohio is anticipated to rise an annualized 0.8% over the five years to 2018 to reach $6.4 billion...purchase to read more.

Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 13-18
0.8%
Forecast Growth 18-23
Profit
Employment
18,726
Businesses
11,897

Industry Threats & Opportunities

  • Growth in the number of small operators has facilitated increases in industry employment levels
  • Additional Insights for the Commercial Leasing in Ohio Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Commercial Leasing in Ohio Industry are

  • Financial structure of the company
  • Good project management skills
  • Management of a high quality assets portfolio
  • IBISWorld analysts also discuss how external factors such as Corporate profit and Investor uncertainty in the Commercial Leasing in Ohio industry impact industry performance..

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    What's in this report

    What is the Commercial Leasing in Ohio Industry?

    Operators in this industry serve as lessors of buildings that are not used as residences or dwellings. Industry participants include owner-lessors of nonresidential buildings, establishments that rent real estate and then act as lessors in subleasing it to others, and establishments that provide full-service office space. This industry excludes general warehousing and storage companies, such as self-storage businesses.

    Industry Products
  • Renting retail buildings
  • Renting office buildings
  • Renting industrial buildings
  • Renting other nonresidential properties
  • Property management and sales
  • Other services
  • Industry Activities
  • Renting or leasing office property
  • Renting or leasing property
  • Renting or leasing industrial property
  • Renting or leasing arena, convention or stadium property
  • Similar Industries
  • Public Storage & Warehousing
  • Specialized Storage & Warehousing
  • Apartment Rental
  • Property Management
  • Apartment Rental in California
  • Commercial Leasing in California
  • Storage & Warehouse Leasing in California
  • Apartment Rental in New York
  • Commercial Leasing in New York
  • Storage & Warehouse Leasing in New York
  • Apartment Rental in Illinois
  • Commercial Leasing in Illinois
  • Commercial Leasing in Texas
  • Apartment Rental in Texas
  • Apartment Rental in Florida
  • Commercial Leasing in Florida
  • Apartment Rental in Massachusetts
  • Commercial Leasing in Massachusetts
  • Apartment Rental in Ohio
  • Apartment Rental in Pennsylvania
  • Commercial Leasing in Pennsylvania
  • Apartment Rental in New Jersey
  • Commercial Leasing in New Jersey
  • Commercial Real Estate in New Jersey
  • Apartment Rental in Georgia
  • Commercial Leasing in Georgia
  • Commercial Real Estate in Georgia
  • Apartment Rental in Michigan
  • Commercial Leasing in Michigan
  • Commercial Real Estate in Michigan
  • Apartment Rental in Wisconsin
  • Commercial Leasing in Wisconsin
  • Commercial Real Estate in Wisconsin
  • Apartment Rental in Washington
  • Commercial Leasing in Washington
  • Commercial Real Estate in Washington
  • Apartment Rental in Virginia
  • Commercial Leasing in Virginia
  • Apartment Rental in Tennessee
  • Commercial Leasing in Tennessee
  • Apartment Rental in Missouri
  • Commercial Leasing in Missouri
  • Apartment Rental in North Carolina
  • Commercial Leasing in North Carolina
  • Storage & Warehouse Leasing in North Carolina
  • Apartment Rental in Minnesota
  • Commercial Leasing in Minnesota
  • Commercial Real Estate in Minnesota
  • Apartment Rental in Maryland
  • Commercial Leasing in Maryland
  • Commercial Real Estate in Maryland
  • Apartment Rental in Colorado
  • Commercial Leasing in Colorado
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Corporate profit
  • Investor uncertainty
  • Number of businesses in Ohio
  • Unemployment rate in Ohio
  • Prime rate

  • Current Performance
    Industry Outlook
    Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Commercial Leasing in Ohio Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Manufacturing
  • Wholesale Trade
  • Retail Trade
  • Finance and Insurance
  • Retirement & Pension Plans
  • Accommodation and Food Services
  • Public Administration

  • Key Selling Industries
  • Construction
  • Finance and Insurance
  • Property Management
  • Real Estate Sales & Brokerage
  • Utilities

  • Products & Services
  • Renting office buildings
  • Renting retail buildings
  • Renting other nonresidential properties
  • Other services
  • Renting industrial buildings
  • Property management and sales
  • Chart: Commercial Leasing in Ohio Industry Products and Services Segmentation

  • Major Markets
  • Office and professional buildings
  • Shopping centers, retail shops and flea market spaces
  • Other non-residential properties
  • Other markets
  • Industrial buildings
  • Chart: Major Market Segmentation for the Commercial Leasing in Ohio Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Commercial Leasing in Ohio

  • Basis of Competition
    Barriers to Entry
    CBRE Group Inc., Colliers International Property Consultants Inc., Cushman & Wakefield Inc., Jones Lang LaSalle Inc.,
  • Table: CBRE Group Inc. - financial performance
  • Table: Colliers International Property Consultants Inc. - financial performance
  • Table: Cushman & Wakefield Inc. - financial performance
  • Table: Jones Lang LaSalle Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Commercial Leasing in Ohio Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Commercial Leasing in Ohio Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Number of businesses (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Leverage
  • The amount of debt used to finance a firm's assets. A firm that has a higher level of debt than equity is considered to be highly leveraged.
  • Loan-To-Value Ratio (Ltv)
  • A ratio used to determine how much of a property is being financed or leveraged. For example, a $100,000 house with a mortgage of $80,000 has an LTV ratio of 80.0%.
  • Real Estate Investment Trust (Reit)
  • A legal entity that uses pooled investor capital to purchase and manage income property or mortgage loans. To qualify as a REIT, the entity must distribute at least 90.0% of taxable income.
  • Vacancy Rate
  • The amount of real estate space unoccupied as a percentage of total available space.
  • What Our Customers Say

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    IBISWorld’s industry research report on Commercial Leasing in Ohio contains five-year forecasts and data analysis that can help you identify and mitigate risks in potential new markets. Position yourself as an expert with internal stakeholders by using our comprehensive industry research to inform your reports, proposals and presentations. Our business information will save you money by helping you make better decisions, faster.

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    This report on Commercial Leasing in Ohio:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Commercial Leasing in Ohio market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Commercial Leasing in Ohio, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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