Eastside Warehouse Properties a Hot Market

COLUMBUS, OH—A NAI Ohio Equities’ brokerage team has sold more than $9.5 million worth of property in the month of February alone. Agents, Dan Sheeran and Mike Semon also known as the Sheeran/Semon Partners, completed the second month of 2007 having already sold more than 580,000 square feet of property.
         
Representing the buyer in all the transactions, the pair started the month by completing the sale of 90,000 square feet at 717 O’Neil Dr. in Hebron, Ohio for $1.8 million.  By mid February, the Sheeran/Semon Partners closed another sale transaction in Hebron totaling 107,000 square feet and selling for $2.2 million. In addition, the pair sold two warehouse properties located at 3900 and 3960 Groves Rd, Columbus totaling more than 265,000 square feet and selling for $3.8 million combined.

By month’s end, the Sheeran/Semon Partners continued to close back-to-back sale transactions. The first property, located at 1160 Alum Creek Dr., Columbus, consisted of 35,000 square feet and sold for $825,000 followed by the sale of 80,000 square feet located at 204 Maple in London, Ohio for $800,000. Also adding to their increasingly busy month, the pair managed to sell a former McDonald’s property located at 10920 SE Milldam Rd., Buckeye Lake that consisted of 3,500 square feet and sold for $175,000.

The Sheeran/Semon Partners have worked in the commercial real estate business for a combined 45 years.  As a brokerage team, they manage an aggressive volume of listings by specializing in all facets of the commercial real estate industry including: land, retail, investment, industrial, and office real estate.

In addition to their own successful month, other NAI Ohio Equities’ agents have been busy closing lease and sale transactions of their own.  The Zelnik/Dwyer Team completed the sale of a 12,000 square foot industrial building located at 1301 Research Rd. in Gahanna for $300,000.  Additionally, lease transactions were also completed by NAI Ohio Equities’ agents totaling a combined $2.9 million. Agent Don Brokaw worked out a 10-year contract to lease an 8,810 square foot medical building at 1080 Polaris Pkwy., Columbus while the Treasure/Wilcox Team renewed a five-year lease totaling 11,673 square feet located at the retail/office building of 1 Campus View Blvd. in Worthington.

Operating as central Ohio’s largest locally owned commercial real estate company; NAI Ohio Equities has been serving the Columbus real estate market for more than 35 years.  Located downtown in the Columbus Brewery District, NAI Ohio Equities is comprised of a team of twenty-five agents making up an experienced Brokerage Department specializing in land, retail, office, investment and industrial real estate.  In addition to the Brokerage Department, NAI Ohio Equities has a reputable Property Management Division managing more than 12 million square feet of property. As an affiliate of NAI Global, Ohio Equities is part of a network of 5000 professionals working in 350 offices in 45 different countries. For more information on NAI Ohio Equities including available brokerage and property management services, visit www.ohioequities.com or please call 614-224-2400.