25200 Chagrin Boulevard (Water Tower Plaza) — Lease in Beachwood, OH

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Beachwood, OH 44122
  • Submarket: Chagrin, East & Lander
  • Size: 30,943 SF
  • Year built: 1982

Photos

25200 Chagrin Boulevard (Water Tower Plaza) — Lease in Beachwood, OH, photo 1 of 8
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Market Context

This office in Beachwood, OH is listed for lease across 30,943 SF. The building dates to 1982. Compare it against other office listings for lease in Beachwood, 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

$6.09/SF/mo – $20.00/SF/mo

Mid: $15.22/SF/mo

Estimated total for 30,943 SF: $470,952 per month

By our match to nearby addresses in brokers' reports, this property is in the Chagrin, East & Lander submarket, where average asking rent was $22.27/SF/yr in Cushman & Wakefield's Q2 2026 report.

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