Columbus Vacancy Is Rising

[Peter Lohmann]

"Downtown remains the submarket to monitor, however. Its vacancies are already into double digits, well above historical expectations, and over the next 18 months, its inventory will expand by another 20%. Renters now have a surplus of options to choose from, and communities are increasingly offering heavy concessions, like two months free rent and $1,000 gift cards."

Full article here: https://product.costar.com/home/news/shared/338498739?utm_source=costar&utm_medium=email&utm_campaign=2&utm_content=p0

Are you ready for a dip in rents and an increase in vacancy? Have you run the numbers to ensure your investments can withstand a few years of a down market?