columbus – Page 7 – NAI Ohio Equities, LLC

June Closed Transactions

July 6, 2022July 9, 2024 Alexa Broylescolumbus, commercial real estate, CRE, industrial, land, office, retail, transactions

June was a solid month for NAI Ohio Equities despite investors proceeding judiciously as interest rates have continued to climb. Our Office Brokerage Group of Andy Dutcher, Matt Gregory and Philip Bird represented Volunteers of America Ohio & Indiana on the purchase of 81 S. 5th Street. Volunteers of America plans to redevelop the building into a treatment facility. Additionally, John Mally represented the seller on the sale of 640-660 W. Rich Street in Franklinton, which will become the new home of Pilot Dogs, a dog guide school that trains…

Commercial Real Estate 101

Do You Need a Specialist in Commercial Real Estate?

June 16, 2022July 9, 2024 Alexa Broylescolumbus, commercial real estate, CRE, data centers, hospitality, industrial, investment, land, medical office, office, religious institutions, retail, schools, self-storage, Specialization, transactions, Warehouse

From financial advisors to medical practitioners, at some point, we’ve all needed a specialist. Real estate is no different. We’re all familiar with residential and commercial real estate, but through the years, commercial real estate specifically has become highly specialized. A broker’s role has morphed into that of a real estate “advisor.” Depending on the property type and specialization, there are a slew of functions brokers perform, including financial and market analyses, demographic studies, site selection research, portfolio analysis, and more. The depth of broker specialization is largely dependent on…

Commercial Real Estate 101

Five Reasons You Should Engage a Tenant Rep to Negotiate Your Commercial Lease

June 7, 2022July 9, 2024 Alexa Broylescolumbus, commercial real estate, CRE, industrial, land, office, retail, tenant representation, transactions, Warehouse

Leases dominated our roster of closed transactions for May with our office signing or renewing leases equating to more than 205,000 square feet. With such a significant amount of leasing activity, we thought we’d take a deep dive into the benefits and misconceptions regarding tenant representation and share with you our top five reasons why hiring a tenant representative is beneficial! Signing a lease for a commercial property is a big commitment, and finding that perfect space is often a time-consuming and sometimes, daunting task. The good news is –…

News

More SIORs At Ohio Equities Than Almost Any Other Columbus Brokerage

May 19, 2022July 9, 2024 Alexa Broylescolumbus, commercial real estate, CRE, industrial, office, sior

Did you know that our office has FIVE Industrial and Office specialists who have earned their SIOR designation? The Society of Industrial and Office Realtors (SIOR) designation indicates the industry’s most capable and experienced industrial and office practitioners. Around the world, there are approximately 3,600 members in 45 countries. There are only about 46 practicing who have earned the designation in Central Ohio, meaning roughly 1 of every 9 of the SIORs in Columbus work for NAI Ohio Equities. The rigorous curriculum paired with the prerequisites for experience and endorsements…

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Five Reasons CRE Investors Should Choose Columbus

March 24, 2022July 9, 2024 Alexa Broylesaffordability, attract and retain, columbus, commercial real estate, CRE, global logistics hub, growth, investors, midwest secret, millennials, real estate market, workforce

These days, investors are loving the Central Ohio real estate market. Once overlooked, Columbus has emerged as a solid investment choice. Columbus attracts both businesses and talent alike, offering investors opportunities in every market sector. With that said, here are five reasons, why as an investor, you should take a closer look at Columbus! 1. We Have the Workforce. The Central Ohio region, which consists of eleven counties, has 52 colleges and universities, including The Ohio State University, and produces approximately 22,000 college graduates annually. The region is home to…

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Community Propels Columbus Neighborhood Forward

February 28, 2022July 9, 2024 Alexa Broylescolumbus, commercial real estate, CRE, industrial, investment, land, office, retail, transactions, Warehouse

NAI Ohio Equities had a strong February with more than 20 closings this month. Our office sold or leased more than 182,600 square feet, and signed or renewed leases with 15 tenants. Our featured property this month is 895 Parsons Avenue, a 9,700 square foot freestanding building on the city’s south end nestled within the neighborhood of Schumacher Place, which sits adjacent to German Village, Merion Village, Southern Orchards, and is in close proximity to Nationwide Children’s Hospital, the largest pediatric hospital in the United States. The building houses both…

Commercial Real Estate 101

Rapidly Appreciating Market Creates Challenge in Assigning Values

February 17, 2022July 9, 2024 Alexa Broylesappraisals, appraiser, brokers, central ohio, columbus, commercial real estate, construction costs, e-commerce, market value, new building, real estate agents

Central Ohio’s rapidly appreciating commercial real estate market is leaving some brokers and buyers trying to figure out how to get the deal done. As buyers are pursuing some sectors of the commercial real estate market with vigor, prices are climbing at a pace that is making it difficult for appraisers to keep up with the market. Last year, the industrial sector saw record growth due to the e-commerce boom, and rent growth stemming from the pandemic. In Central Ohio, the industrial sector saw the price per square foot increase…

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2021: A Record-Setting Year in Commercial Real Estate

February 3, 2022July 9, 2024 Alexa Broylescolumbus, commercial real estate, CRE, industrial, investment, land, office, transactions

Commercial real estate transactions totaled $809 billion last year as investors loaded up on warehouses and apartment buildings to capitalize on the e-commerce boom and record-setting rents, according to “Commercial Properties Saw Record Sales in ’21” published by The Wall Street Journal. It was no different at NAI Ohio Equities, where we celebrated another landmark year! As we prepare for 2022, we wanted to take a look back and share with you our most significant transactions of 2021! Top 5 Industrial Leases Industrial transactions rose to new highs with the…

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The Office of Tomorrow

January 25, 2022July 9, 2024 Alexa Broylescolumbus, commercial real estate, CRE, design, kaitlin kingrey, MA Design, matt gregory, office, tamra fuscaldo

The pandemic has shone a light on both the positive and negative attributes of remote work. Employees have demonstrated that they can work from home successfully and their demand for flexibility seems heard as more employers adopt some permanent form of a remote work model. However, for some, the monotony of Zoom meetings and feelings of isolation are notable impacts driving a desire to return to the office. So, what exactly are the elements associated with future offices that will be a draw to workers? From spaces that provide employees…

Commercial Real Estate 101

Seven Ways to Prepare for an Industrial Property Search Heading into 2022

December 16, 2021July 9, 2024 Alexa BroylesBlake DeCrane, columbus, commercial real estate, CRE, Curt Berlin, industrial, Industrial Property Team, matt osowski, Warehouse

The landscape for acquiring industrial property has changed dramatically over the past year. After brick-and-mortar retail came to a screeching halt in early 2020 due to the COVID -19 pandemic, online purchases soared, and since then, retailers have been leasing the existing industrial warehouse space in Columbus, Ohio, at an unparalleled pace. The NAI Ohio Equities Industrial Property Team explained that their business has flip-flopped with the majority of their 2021 representation being on the tenant side, where it has traditionally been on the landlord side. Industrial warehouse space is…