Ohio’s population is one of the highest in the nation, as it has about 11.5 million residents and several very large metropolitan areas. As a result, Ohio commercial real estate listings are plentiful. There were over 2 million people living in the Cleveland metropolitan area as of the 2010 census. Other large cities with plentiful commercial realty include Columbus, Cincinnati, Toledo and Akron.
The gross domestic product in Ohio is $478 billion. Those looking for investment property in Ohio will be pleased to hear that the state was recently ranked #4 out of all states for its business climate by Site Selection magazine. Much of the industrial space in Ohio is dedicated to plastics, rubber, electronics and appliances. The state is also a leader in the “green” economy.
Of the 1000 top publicly traded companies in the US, headquarters and office space of 59 of them are in Ohio. These companies include Procter and Gamble, Goodyear, Wendy’s and Abercrombie and Fitch.