Tag: industrial

Market Reports 

2017 Third Quarter Market Report: Commercial Real Estate Stays Hot

Amy Karnes, , , ,

The central Ohio commercial real estate market continues to heat up, with both office and industrial vacancy rates remaining relatively flat. Although counterintuitive, we don’t expect to see significant reductions in vacancy even as demand increases. The reason: much of the currently available space is the same space that has been undesired by tenants for years due to lack of amenities and functional obsolescence. So if the vacancy is not falling, what indicators do we have to show the market is truly “hot”? Looking at sale prices per square foot…

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Commercial Real Estate 101 

Three Unique Challenges During a Good Industrial Market

Amy Karnes, , , , , , , ,

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…

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News 

NAI Ohio Equities Completes Sale of 555 Yearling

Amy Karnes, , ,

Hackman Capital Partners LLC and NAI Ohio Equities announced today the recent sale of 555 Yearling Road to Oklahoma-based WCOL, LLC for $3,517,900. The free-standing, 164,450-square-foot building, sold by a Hackman Capital affiliate, is situated across the street from The Columbus International Air Center Complex and just south of the Port Columbus International Airport.  The building is 100% occupied by Ryerson, one of the largest metal distributors in the industry. Ryerson will remain at the property. “This is a uniquely robust, crane-served industrial building. We’re thrilled the investment was a…

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Commercial Real Estate 101 

Why Columbus?

Amy Karnes, , , , , , ,

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…

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News 

NAI Ohio Equities Honored with Four 2016 Co-Star Power Broker Awards

Amy Karnes, , , , , ,

Columbus, Ohio – March 16, 2017 – NAI Ohio Equities has been selected by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, to receive a CoStar Power Broker TM Award. This annual award recognizes the “best of the best” in commercial real estate brokerage by highlighting the firms and individual brokers who closed the highest transaction volumes in commercial property sales or leases in 2016 within their respective markets. NAI Ohio Equities qualified as one of the top commercial brokerage firms…

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