1975 E 61st Street — Lease in Cleveland, OH

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Cleveland, OH 44103
  • Submarket: CBD

Market Context

This office in Cleveland, OH is listed for lease. Compare it against other office listings for lease in Cleveland, OH — view the full market.

As of Q2 2026, the Cleveland office market showed a 13.7% vacancy rate, average asking rents near $19.48/SF/yr, and rents up 18.2% year over year. Source: multiple brokerage reports, Q2 2026.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Office market FAQ

Is the Cleveland office market tightening or softening?
Vacancy is around 13.7%, with asking rents rising year over year (Q2 2026).

Estimated Market Rate

$1.42/SF/mo – $1.92/SF/mo

Mid: $1.66/SF/mo

Based on comparable properties in similar markets rather than local sales.

By our match to nearby addresses in brokers' reports, this property is in the CBD submarket, where average asking rent was $20.05/SF/yr in Cushman & Wakefield's Q2 2026 report.

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