CRE101 

NNN, Gross, Full Service – What Does it All Mean??

Amy Karnes

Not sure of the difference between all the lease types out there? To answer some questions, we taped into a 29-year veteran of leasing industrial properties, Curt Berlin, SIOR to help sort out the confusion! “I have been leasing industrial buildings for almost 29 years, and some things never go away. The confusion of who is responsible for paying operating expenses in leased space is one of these ‘things.’ This issue is addressed in the lease which sets forth the tenant/landlord responsibilities. The number and types of leases out there almost…

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News 

Jim Merkle Receives Max Holzer Lifetime Achievement Award from CCIIR

Amy Karnes

COLUMBUS, OH – 2/9/2017 – Jim Merkle received the Max Holzer Lifetime Achievement Award from the Columbus Commercial Industrial Investment Realtors (CCIIR) group during their February meeting. This is the fifth time the award has been handed out since its inception in 1974. The organization was formed to help distinguish commercial agents from residential agents. The award is given out to honor distinguished members of the industry. “There is no one who has been more vital to the commercial real estate industry than Jim Merkle,” current CCIIR President Matt Osowski,…

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News 

Columbus Realtors Commits $300,000 to South Side

Amy Karnes, ,

The Columbus Realtors Foundation recently announced a $300,000 gift to fund the South Side Renaissance, a South Side housing development owned by Community Development for all People. With this donation, the area will expand the affordable housing developments over the next three years through acquisition and renovation of 45 vacant and blighted homes. Doing so will create a model and base for long-term homeownership and lift up the area as a whole. Additionally, a number of the homes included will be used to house expectant mothers and families with infants…

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News 

NAI Ohio Equities Lists Redevelopment Opportunity in Dublin

Amy Karnes, , ,

COLUMBUS, OH – 1/9/2017 – NAI Ohio Equities has been hired to sell the former BMW dealership located at 5002-5016 Post Road in Dublin, OH. The site, located within the highly touted Bridge Street District offers 5.7 acres for future mixed-use development. Andy Dutcher, Matt Gregory and Philip Bird, with NAI Ohio Equities Office Brokerage Group are the sales agents on the property. The property is currently sub-leased to Toy Barn Cars with a master lease in place through January 31, 2019, giving a potential developer an income stream while…

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News 

NAI Ohio Equities Represents both Parties on the New Wasserstrom Headquarters Deal

Andrew Schnitkey

COLUMBUS, OH – 12/5/16 – NAI Ohio Equities assisted the restaurant-products supply company, Wasserstrom on finding a new headquarters for their 225 employees. The 114-year old company is moving from its headquarters in the Brewery District of 50 years to a 50,572-square foot building in Whitehall, Ohio. The building was sold to Wasserstrom from Apprisen Financial Services. The move will allow the company to spread out and create a more open, modern, collaborative workspace for its employees. “We were happy to help Wasserstrom find a new space, especially after being…

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News 

NAI Ohio Equities agent Matt Osowski earns SIOR designation

Andrew Schnitkey, , ,

NAI Ohio Equities is Please to Announce the Newest SIOR in our Office, Matthew Osowski NAI Ohio Equities, a member of the world’s premier managed network of commercial real estate firms, is proud to announce that Matthew Osowski received his SIOR designation. The SOIR designation is a professional achievement for highly qualified commercial real estate practitioners with a strong transactional history in brokerage, fee-based services, or executive management. SOIR Designees are specialists in industrial and office markets, transactional closers, top producing professionals and the best of the best. “We are…

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News 

Northwoods II office building changes ownership; NAI Ohio Equities retains leasing

Andrew Schnitkey, , , , , ,

Ownership at the Northwoods II Office, located at 8101 North High Street has changed to the PNL Companies. PNL focuses on identifying and maximizing value in commercial real estate throughout the United States and was attracted to Northwoods II due to its timeless architecture and the resurgent Worthington office submarket. The company closed on the acquisition on August 3, 2016. PNL is planning an immediate investment of over $1 million in building upgrades and renovations, including roof, HVAC, LED lighting, parking lot and modernization of the restrooms and main lobby…

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Market Reports 

NAI Ohio Equities 2nd Quarter 2016 Market Reports

Andrew Schnitkey, , , , ,

Overall, the Columbus Region continues to be vibrant and healthy. Rental rates continue to inch up in favor of landlords, resulting in new construction – 500,000 square feet in the office sector; 4,000,000 square feet in industrial; and 1,400,000 square feet in retail. Though is it good news that our market is healthy, shrinking vacancy and rising rental rates is resulting in greater leverage for landlords when negotiating new leases.download movie Hardcore Henry 2015 now For tenants seeking new space for lease, never has it been more important to partner…

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News 

NAI Ohio Equities’ Participates in KickButtColumbus 2016

Andrew Schnitkey, , , , , ,

KickButtColumbus held their 8th Annual Columbus Clean-Up Event this past weekend with 40 teams participating. The teams focused on cleaning up 148 ramp areas at 39 interchange locations along I-70; I-71; I-670; I-270; and SR-104. Each team was committed to making a big difference in the gateway areas to Columbus neighborhoods. Here are the numbers:trailer film Zootopia 757 bags containing trash/litter were collected from the ramps equalling 22,710 lbs. (11 tons) Two 30-yard roll-off dumpsters were filled to the top with the collection of bags and debris from the ramps 1,290 bags of recyclables…

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