Q2 2025 COLUMBUS RETAIL TRENDS

The Columbus retail market continued to tighten in Q2 as highlighted in the Q2 2025 Retail Trend Report, with vacancy dropping to just 2.72% and limited new supply entering the market. Despite a slight dip in leasing activity from last quarter, demand remains steady and space remains scarce, especially in smaller-format buildings and high-growth suburban areas.

As Gilli Zofan, First VP of the Colliers | Columbus Retail team explains:

"As the second quarter has come to an end, many things remain consistent across the retail market, and that’s very limited vacancy. Even when there are bankruptcies or vacated spaces, often times they are preleased and very quickly reoccupied with a new tenant, usually of better quality and credit, and at a higher rent. There is no lack of tenants looking to expand, but with the limited availability in the Columbus market, it remains challenging for many. Additionally, new construction remains very limited, often with tenants already committed in order to get a development off the ground, like the new Kroger in Powell. Lastly, when it comes to current activity, the grocery, health, and wellness sector remains very active."

Read the full report from Colliers | Columbus along with previous quarterly trend reports here: Trends | Research Resource