Commercial Real Estate 101 – Page 6 – NAI Ohio Equities, LLC

4 Commercial Leasing Myths Debunked

July 10, 2018July 9, 2024 Amy Karnescolumbus, commercial lease, commercial real estate, green buildings, landlord, lease options

Commercial leasing is a complex business. Understanding terms, finding the right properties, negotiating the best short or long-term deal possible is all complicated by the detailed financial and legal processes that have to be secured along the way. Without the aid of a professional broker, tenants can find themselves locked in a long-term deal that doesn’t work all because of some common leasing misconceptions. #1: Trying to Lease in Retail is Futile Unless speaking of online retail, the industry has taken its lumps over the last couple of years, leading…

Commercial Real Estate 101

Amazon Isn’t Just Online: Three Ways It’s Impacting Physical CRE

May 8, 2018July 9, 2024 Amy Karnesamazon, brick and mortar, commercial real estate, ecommerce, grocery, online, real estate, retail, sales, stores, technology, transactions, Warehouse, whole foods

It’s no secret that Amazon is the world’s largest online retailer. And, as such, the online behemoth has significantly and forever impacted the ways that we, as consumers, buy and sell goods throughout the United States. Their massive success has driven many retailers into a panicked frenzy, trying to come up with some way to keep up with or even compete with Amazon. However, most retailers have resorted to adopting a similar (if not smaller scale) eCommerce model. In fact, the online retailer is so ubiquitous that this shift in…

Commercial Real Estate 101

Technology is Keeping Bodies in Brick and Mortar: Here’s How

February 14, 2018July 9, 2024 Amy Karnescolumbus, commercial real estate, CRE, retail, technology, trends

Cutting-edge technology is essential for big-brands who want their retail empires to continue to succeed and outpace competitors in today’s (and probably tomorrow’s) retail landscape. E-commerce has created a shift in consumer wants and behaviors towards retail, however, the right technology can feed into those wants and positive behaviors. Here are three important ways technology is changing brick-and-mortar for the future. Tech experiences are bringing something to the table that shopping online can’t. Experiences are one thing that physical stores have, that online ones don’t. Technology that helps you choose…

Commercial Real Estate 101

4 Ways that Driverless Cars Could Impact the CRE Industry

December 8, 2017July 9, 2024 Amy Karnesautonomous vehicles, columbus, CRE, driverless cars, nai ohio equities

Companies ranging from the big automakers in Detroit to tech firms in Silicon Valley are pouring research dollars into driverless cars, and this development is projected to completely change the future of commercial real estate. This transition creates opportunities for new investment as well as challenges for existing properties. Demand for parking The biggest effect of driverless cars will be a reduction in demand for parking. As cars become fully autonomous, passengers can be dropped off at their final destination and continue to pick up other passengers or park themselves…

Commercial Real Estate 101

Designations in Commercial Real Estate

October 31, 2017July 9, 2024 Amy KarnesCCIM, CRE, designation, Realtors, sior

At NAI Ohio Equities, we pride ourselves on being the top Commercial Real Estate company in Central Ohio. Many of our agents have put in time and energy to achieve industry designations, such as CCIM, SIOR or CPM. Those agents stand out from the crowd and provide a high level of service with our industry and company. Commercial Real Estate transactions are some of the most important decisions a business or person can make. Finding the right real estate partner is part of that decision and one that is designated…

Commercial Real Estate 101

Shopping Malls Turned Warehouse? CRE Might be onto Something

September 20, 2017July 9, 2024 Amy Karnescommercial real estate, CRE, re-use, shopping malls, Warehouse

Over the course of the next few years, nearly 30% of all American malls are expected to close their doors and focus more heavily on online sales. It’s no big surprise that with the rise of offline to online shopping increasing at a fast pace, retailers are focusing their efforts on e-commerce business rather than the physical shopping experience. What’s to come of these empty shopping malls? New space for warehouses to launch e-commerce facilities. More shopping center and mall spaces are being repurposed for industrial distribution as e-commerce begins…

Commercial Real Estate 101

Three Unique Challenges During a Good Industrial Market

June 27, 2017July 9, 2024 Amy Karnesbuyers, clients, commercial real estate, industrial, investment, nai ohio equities, opportunity, property, sellers

This is a re-post from our Industrial Property Team blog. You can find the original post here. Today’s heated market for industrial real estate has been great. However, it has created its own set of challenges that can lead to indecision and frustration for all parties involved. Let’s look at three scenarios where we see this happening. Lack of Options for Buyers/Tenants: Historically, when brokers did a property search there were numerous buildings available that would fit the requirement. With a large number of options available, the Client would feel…

Commercial Real Estate 101

Four Factors in Choosing Your Retail Space

June 20, 2017July 9, 2024 Amy Karnesaccess points, co-tenants, commercial real estate, demographics, retail, traffic

When choosing a retail space to start your business or expand your franchise, there are a few things you need to remember to make sure your business will thrive. Traffic: Whether it be car traffic or foot traffic, you need to make sure people can see where you are located. Retail can live and die by traffic, so knowing your traffic counts is key. Access Points: How will people get in and out of your space? Are their multiple entry points? Will there be a left-turn lane into the area? Also, pay attention…

Commercial Real Estate 101

Three Ways to Use Instagram for Commercial Real Estate

May 9, 2017July 9, 2024 Amy Karnesagent tools, branding, commercial real estate, company, hashtags, instagram, listing, Social Media, team

Wondering how social media and in general, Instagram can work for your business? Instagram is one of the fastest growing social media sites, mainly because it is image driven instead of word driven. Here are three ways to make Instagram your new favorite social media site: Showcase your listing. Duh. Of course, this is the first reason. But, you can make it more fun than just posting a bland photo. Instead, create an Instagram Story by taking 1 photo of the inside, a boomerang (this is a .gif that quickly…

Commercial Real Estate 101

Why Columbus?

May 2, 2017July 9, 2024 Amy Karnescolumbus, Columbus2020, commercial real estate, industrial, office, retail, The Ohio State University, Warehouse

In the past few years, there has been a lot of talk about the “up and coming” cities in the United States. Almost every list includes our hometown, Columbus, Ohio. “What?” people keep saying, “why Columbus?” Even though we thought we could keep our gem in the midwest a secret forever, we are also proud to be included in such an amazing conversation. Here’s why: It’s Affordable. Columbus ranks number 14 on the CNBC list of “15 Cities Where you Can Live Really Well on $60,000.” It is also one…