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Tag: retail

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 

Four Factors in Choosing Your Retail Space

Amy Karnes, , , , ,

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…

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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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Market Reports 

2017 First Quarter 2017: What’s Up With Retail?

Amy Karnes, , ,

Quarter after quarter, we send our friends these “State of the Market” updates professing the vitality of the current commercial real estate market. We see an abundance of urban mixed-use projects, speculative warehouses, and more apartment buildings than even Don Kenny could have imagined. All of this with no whispers of glut, surplus or oversupply. Clearly, our consumer based economy, which relies on retail sales and consumer spending for a whopping 70% of GDP, is firing on all cylinders. But what’s up with retail? Already this year, we have seen…

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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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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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