Cleveland Office
Outlook - Q3 2021

An in-depth look at the leasing, sales, construction, and employment in the Cleveland office market. 

October 01, 2021
  • Andrew Batson
  • Joe Warren

Leasing activity in Cleveland continued to gain momentum over the summer months as tenants took advantage of current market dynamics and signing long-term leases. Additionally, rightsizing and flight-to-quality are two key trends that continue to play out in the market, especially as tenants look to re-evaluate their current real estate footprint. Heading into the end of the year and the start of a new one, vacancy is expected to modestly grow and negotiating power will remain with tenants.

Our Q3 2021 Cleveland Office Outlook provides a more detailed look at vacancy, asking rental rates, supply and demand, construction, and employment activity in the office market. 

Fill out this form to download report


Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your inquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.