The Cincinnati office market saw positive net absorption of over 285,000 square feet in the first quarter of 2016. Class B properties absorbed the most space at over 140,000 square feet, while Class A absorbed over 119,000 square feet. The submarket with the highest absorption was Tri County, absorbing just over 72,000 square feet. The overall vacancy rate for the Cincinnati office market is currently 18.3%, declining from 20% at the start of 2015. Office investment in Cincinnati has increased, with out-of-town private capital groups and equity funds investing in the market.