September 2024 – NAI Ohio Equities, LLC

Why Overcoming Current CRE Financing Challenges Hinge on More than Interest Rates

September 17, 2024September 17, 2024 Alexa BroylesBank Lending, columbus, commercial real estate, CRE, Financing, Interest Rates

Interest rates are currently at their highest level in over two decades, yet inflation persists. Though many had hoped interest rate cuts were on the horizon as early as June, the Federal Reserve hasn’t been comfortable doing so just yet, with analysts expecting it to be September before the first cut. The current climate has commercial real estate owners, occupiers, investors, and developers sidelined and anxiously awaiting news that inflation has been tamed and the economy is stabilizing. But it may not all hinge on interest rates coming down. The…

August Closed Transactions

September 5, 2024September 5, 2024 Alexa Broylescolumbus, commercial real estate, CRE, industrial, investment, land, office, retail, transactions, Warehouse

Our brokerage gained momentum in August and closed 23 deals equating to more than 171,000 square feet. We also saw an increase in retail and land deals, however, office was the most active asset class this past month. The team of Matt Gregory, SIOR, CCIM and Philip Bird, SIOR closed nearly half of all transactions for the month with 72% of the team’s transactions being office sales or leases. In the highest value office transaction, the team represented the landlord in signing a new tenant, Merit Advisors. The tenant signed…