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NAI OHIO EQUITIES HELPS NEW YORK INVESTOR PURCHASE TWO MULTI-FAMILY COMPLEXES IN OHIO
(August 27, 2012)

Jerry Hall, of Columbus-based NAI Ohio Equities, recently assisted a New York investor in the purchase of the 320-unit Coventry East Apartments and the 272-unit Trenton Ridge Apartments.

PNC Bank had initiated foreclosure actions on the distressed assets. Both complexes suffered from moderate deferred maintenance and more than $1 million in delinquent property taxes. (click here to read more)

 

ICONIC BUILDING CHANGES HANDS, NAI OHIO EQUITIES BROKERS DEAL
(July 17, 2012)

One of the most recognizable buildings in Northern Columbus,1105 Schrock Rd has a new owner this morning, due to impressive marketing efforts of Matt Gregory, Phil Bird and Mike Simpson of NAI Ohio Equities. (click here to read more)

RENTAL-PROPERTY CRIME SULLYS NEIGHBORHOOD
(June 10, 2012)

Commercial real-estate broker Peter Merkle was guiding prospective tenants along N. High Street near 5th Avenue last year when they came across a spectacle that was not part of the tour. Columbus SWAT officers were shooting tear gas into an apartment on E. 5th, looking for illegal drugs. Merkle’s possible tenants were taken aback. “It makes for a short site visit,” he said. (click here to read more)

DEVELOPMENT REMAINS STRONG IN A SLOW ECONOMY
(May 7, 2012)

There’s no question the recent economic recession has had a major impact on the commercial real estate industry all across the country. As banks tightened up on lending and businesses in almost every industry faced cutbacks and profit losses, so too did commercial real estate transactions slow down. (click here to read more)

 

NIFCO AMERICA EXPANDS IN MERITEX PROPERTY IN RICKENBACKER
(May 3, 2012)

Meritex announced today an exciting new 135,000 square foot expansion in Columbus, Ohio with its existing client, Nifco America, a world leader in manufacturing of automotive parts. Nifco will distribute its products to over 400 clients including all of the major automotive OEMs from the Meritex 2435 Spiegel Drive property. (click here to read more)

 

OFFICE VACANCY DIP TOO LITTLE TO SPUR BUILDING
(April 29, 2012)

The amount of empty office space in central Ohio has slowly been dropping, but it has yet to reach the levels needed to attract new construction, according to local experts. (click here to read more)

 

POLARIS TO LOSE ANOTHER ANCHOR
(February 25, 2012)

Sears Holdings Corp. will close all nine of its Great Indoors stores, including one at Polaris Fashion Place. That store, which is Ohio’s only remaining Great Indoors location, opened in 2001 as one of the original anchors at Polaris. (click here to read more)

 

BUYER FOUND FOR GAHANNA'S CREEKSIDE DEVELOPMENT
(February 17, 2012)

A buyer has been found for the Gahanna Creekside waterfront development that combines commercial and retail space and residential units – and is currently in receivership.

The receiver filed a motion in Franklin County Common Pleas Court yesterday, recommending the court approve the $10.5 millions sale of the three-building, 360,000-square-foot project to Michigan-based Strathmore Development Company. (click here to read more)

 

NAI OHIO EQUITIES RANKED LARGEST COMMERCIAL REAL ESTATE COMPANY IN COLUMBUS
(January 17, 2012)

Columbus Business First released their 2011 Book of Lists at the end of the year and NAI Ohio Equities was listed as the largest commercial real estate company in Columbus. (click here to read more)

 


 

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