DISCOVER WHAT'S NEW AND INTERESTING IN OUR BACKYARD

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Local CRE Trends

Cincinnati is the largest metropolitan city in Ohio, with a population of approximately 300,000. It is also home to nine Fortune 500 headquarters, with a strong concentration of companies in the manufacturing, financial services and healthcare industries.

The City of Cincinnati has prioritized the retention and growth of existing businesses by connecting them with neighborhood resources and identifying opportunities for economic development. New and existing businesses also take advantage of a variety of incentives and tax credits, such as a Community Reinvestment Area abatement program to companies and developers building or renovating a residential, commercial, industrial, or mixed-use facility that will result in job creation.

The area’s growing e-commerce industry has also resulted in new commercial real estate activity. Amazon recently announced an agreement to lease 900 acres of land from the Cincinnati/Northern Kentucky International Airport to create an Amazon Prime Air hub. Amazon will invest $1.49 billion into the project, which is projected to create 2,700 jobs.

Cincinnati’s commercial real estate market is also propelled by its prime location, with easy access to I-65, I-70, I-74 and I-75, connecting the city to regional business hubs throughout the Midwest, such as Chicago, Nashville and Indianapolis. It is also supported by a diverse, educated workforce who is attracted to the city’s sports culture and array of arts institutions.

About Fidelity National Financial

Fidelity National Financial, Inc. (FNF) is currently ranked #288 on the 2021 FORTUNE 500®*, and is among numerous defense, energy, media, hospitality and financial FORTUNE 500®* companies based in the region. Our Cincinnati-based team of CRE professionals works in all facets of the industry, including power and energy projects, office buildings, industrial parks, multifamily housing, retail properties, government contracts, corporate transactions and more.

Discover what’s new and interesting in our backyard in the latest real estate news, provided courtesy of the FNF Newsdesk.

*"FORTUNE®" and "FORTUNE 500®" are registered trademarks of Time Inc. Time Inc. is not affiliated with, and does not endorse the products or services of, Fidelity National Financial, its subsidiaries, or affiliates.


The Latest Articles From the FNF Newsdesk:

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Mortgage interest rates today for June 23, 2021: Rates move up
Today a handful of notable mortgage rates increased. If you haven't locked yet, see how your future mortgage payments could be affected. Some important mortgage rates crept upward today....

Today’s Mortgage Rates: June 23, 2021—Mortgage Rates Hit Near Rock Bottom Lows
The rate on a 30-year fixed mortgage dropped today, providing buyers and homeowners interested in refinancing a chance to lock in a historically low rate. Today, the average rate on a 30-year...

Today’s Mortgage and Refinance Rates, June 23, 2021: Majority of rates rise
National mortgage rates were mostly higher compared to a week ago. Rates for 30-year fixed, 15-year fixed and jumbo loans moved higher, while 5/1 ARM rates declined. Rates as of June 23, 2021. ...

Mortgage Applications Increase in Latest MBA Weekly Survey Jun 23, 2021
WASHINGTON, D.C. (June 23, 2021) - Mortgage applications increased 2.1 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications...

Worried about a market bubble? Here are 4 tips to protect your portfolio now and in the future
You may have heard the stock market is up a lot, and the housing market too. Cryptocurrencies have been surging — at least until recently. The economy is booming back to life after a year of...

8 Million Households Face Foreclosure Or Eviction
A staggering 8 million households face foreclosure or eviction. Here’s what you need to know. Mortgages: foreclosure and eviction The Covid-19 pandemic has wreaked havoc on all walks of life —...

Amid Shortage of Homes for Sale, Rental Demand Surges
Single-family rents have climbed at the fastest rate in nearly 15 years. Further, renters are making their preferences known: Rent growth for detached properties is more than three times the rent...