Commercial Real Estate 101 

Four Things to Look for When Hiring a Commercial Brokerage

Starting the business was the hard part. Now you are looking for space but how do you find the right commercial building? You need a good commercial real estate brokerage but each brokerage and broker is different. How do you choose the one that’s right for you? Here are 4 things to look for:   #1: A broker that specializes in the type of commercial property that you need.   One of the first things you’ll come up against when you start looking for commercial property is zoning. You may…

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News 

July Transactions

NAI Ohio Equities closed over 25 transactions during the month of July, including large land and industrial sales. Some of the larger transactions included a 44-acre site south of Columbus, along with 104 acres selling in Grove City. Another large sale this month was an industrial building at 2040 S. Hamilton Road selling for $1,875,000. The Sheeran Semon team of Mike Semon, Dan Sheeran and Dan Sheeran, Jr. represented both the buyer and the seller on the transaction. To download our entire report, please click Here. Follow

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Commercial Real Estate 101 

5 Reasons to View Flexible Space as an Amenity to Attract Tenants

WeWork started the concept but it has only grown and expanded from there. The co-working or flex space model which began in NYC is fast becoming the new Uber of commercial office space. With large corporations abandoning the traditional work model for more flex space, it is changing how landlords attract and retain tenants.   Recently, landlords are discovering that they can use their building’s flex space as an amenity to attract tenants. Flex space isn’t just a coworking hub: it is bookable meeting space, conference rooms, event space, and…

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Commercial Real Estate 101 

4 Commercial Leasing Myths Debunked

Commercial leasing is a complex business. Understanding terms, finding the right properties, negotiating the best short or long-term deal possible is all complicated by the detailed financial and legal processes that have to be secured along the way. Without the aid of a professional broker, tenants can find themselves locked in a long-term deal that doesn’t work all because of some common leasing misconceptions. #1: Trying to Lease in Retail is Futile Unless speaking of online retail, the industry has taken its lumps over the last couple of years, leading…

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June Transactions

NAI Ohio Equities closed over 19 transactions during the month of June, including large office sales and leases. Some of the larger transactions included an entirely in-house deal at 707 Park Meadow Road in Westerville. The owner was represented by the Office Brokerage Group of Andy Dutcher, Matt Gregory, and Philip Bird and the buyer was represented by the Capital City Team of Mark Francescon and Joe Menninger. The building sold for $1,800,000. To download our entire report, please click Here. Follow

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May Transactions

NAI Ohio Equities closed over 25 transactions during the month of May, including a large number of Industrial sale and leases. Some of the larger transactions included the sale-leaseback of 1727 Georgesville Road, co-oped with NAI Hiffman, for $13,625,000 and the sale of 525 Maxtown Road for $2,350,000. For the month, our office closed on 13 leases and 9 sales. To download our entire report, please click Here. Follow

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CRE101 

Sustainability and CRE: 4 Things to Keep Your Eye On

When asked about sustainability, most people immediately think of energy consumption and savings. However, energy is just one small component of sustainability. Sustainability is an overarching spectrum — and while it’s true that focusing on the regulation of energy is a necessary piece of the puzzle, as it impacts the overall operating cost on a daily basis, it’s important to remember to pay attention to the other pieces, as well.   Let’s take a closer look at sustainability as it pertains to CRE and these 4 trends to keep your…

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Commercial Real Estate 101 

Amazon Isn’t Just Online: Three Ways It’s Impacting Physical CRE

It’s no secret that Amazon is the world’s largest online retailer. And, as such, the online behemoth has significantly and forever impacted the ways that we, as consumers, buy and sell goods throughout the United States. Their massive success has driven many retailers into a panicked frenzy, trying to come up with some way to keep up with or even compete with Amazon. However, most retailers have resorted to adopting a similar (if not smaller scale) eCommerce model. In fact, the online retailer is so ubiquitous that this shift in…

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April Transactions

NAI Ohio Equities closed over 30 transactions during the month of April, including a number of Industrial and Office lease renewals. Some of the larger transactions included the sale of 6665 Busch Blvd for $988,000 and the sale of 3030-3034 Lamb Avenue for $840,000. For the month, our office closed on 20 leases and 11 sales. To download our entire report, please click Here. Follow

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Market Reports 

2018 First Quarter Market Report: Vacancy Stays Low Across the Board

The Columbus market continues to improve each quarter with rental rates growing and vacancy decreasing. Each sector – office, industrial and retail all have vacancy numbers falling, which is tightening up the market. To download a copy of the 2018 First Quarter Market Report, click Here Follow

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