Thinking About Investing in an Opportunity Zone? Consider This First

December 11, 2018December 11, 2018 Amy Karnescommercial real estate, investment, low-income areas, new investment, opportunity zones, real estate development, tax benefit0 comment

Opportunity Zones is a new buzzworthy concept that has investors’ interest piqued. Areas of the country that have been left behind after the Great Recession have been deemed Opportunity Zones and are now getting a refresh with private capital and development. Now that we have established what Opportunity Zones are, what makes them so attractive to investors? Investing in Opportunity Zones offers federal tax incentives for realizing the capital gains into the opportunity funds,which are used to propel business and commercial real estate development in thelow-income areas that have been…

Commercial Real Estate 101

Trending Fitness Concepts Coming to a Neighborhood Near You

November 27, 2018November 27, 2018 Amy Karnescommercial real estate, CRE, fitness concepts, gyms, new concepts, retail, shopping center0 comment

From indoor climbing gyms to ping-pong clubs and ballet studios, there has been a big push for unique “fitness concepts” in recent years in vacant shopping centers and malls. We expect this trend to continue into 2018 and beyond with a variety of new fitness concept trends coming to a neighborhood near you. Charlotte Country Club, Fitness Center, and Resort In-One In Charlotte, unique fitness concepts aretaking over the city. One fitness concept in particular just opened at the end of last year called Life Time Athletic. The builders call…

Commercial Real Estate 101

5 Ways E-commerce Has Changed the Game for Industrial Real Estate

November 13, 2018November 13, 2018 Amy Karnescommercial real estate, development, distribution center, e-commerce, facility, industrial, logistics0 comment

E-commerce has been a crucial driver in the industrial real estate market for both leasing and investment activity. The new niche market of retail is transforming the entire industrial sector from logistics to warehouse design. Let’s take a look at a few ways e-commerce has changed the game for industrial real estate. Logistics The logistics part of the industrial sector is on fire, primarily because of e-commerce. The requirements behind logistics facilities for e-commerce are very different than for in-store retail. As e-commerce grows, retailers will need to expand their…

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October Transactions

November 2, 2018November 2, 2018 Amy Karnesbrokers, commercial real estate, for sale, just sold, lease, october, transactions0 comment

NAI Ohio Equities closed over 20 transactions during the month of October, including working as a buyer’s representative to purchase 268 Greif Parkway. Our Industrial Property Team and Office Brokerage Group worked together on the deal. Congrats! To download our entire transaction list, please click here

Commercial Real Estate 101

Move Over Millennials, Let’s Look at Gen Z

October 30, 2018October 30, 2018 Amy Karnescollaboration, commercial real estate, communication, flexible space, gen z, millennials, technology, work-life balance, workforce0 comment

It seems like all the talk has been about millennials recently, but there is a new generation coming up that is surely going to shake things up, from how we live to how we work and have fun. Let’s take a deep dive into everything Gen Z and how they are mixing things up in business. Gen Z Grew Up with Smartphones While millennials may have grown up being glued to their televisions, Gen Z certainly grew up with the use of smartphones on a constant basis. Brands have started…

Commercial Real Estate 101

These 5 Technologies are Making Property Management Easier

October 9, 2018October 9, 2018 Amy Karneschatbots, CRE, property management, smart technology, technology0 comment

Managing properties used to take a robust staff of dozens of people to collect rent, maintain the grounds, perform repairs and routine maintenance, etc. Current technology has made it so that nearly every single task in property management can be handled through technology, making it much easier to manage properties, engage with tenants, collect rent payments, and secure and retain new tenants. #1: CRE Management Platforms Commercial real estate was late to the game but as of late, there are tech companies catching up with this underrepresented market. It…

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September Transactions

October 2, 2018 Amy Karnesagents, columbus, commercial real estate, CRE, industrial, investment, land, lease, office, retail, sales, tenant representation, transactions0 comment

NAI Ohio Equities closed over 23 transactions during the month of September, including the sale of an office portfolio at 825 Tech Center and 8101 N. High Street. The 209,440 square feet of Class A Office Space was sold by our Office Brokerage Group of Matt Gregory, SIOR, CCIM, Andy Dutcher, SIOR and Philip Bird. To download our entire report, please click Here.

Commercial Real Estate 101

This is What the Office of the Future Looks Like

September 13, 2018 Amy Karnescustomizable, future, green buildings, office, smart technology, technology, trends0 comment

In the future, connectivity may be an even more important factor when purchasing office space than location or price, some are predicting. Just like every office first had to be wired for telephone systems, then coaxial cable for the internet, and now wireless, in the future Smart technology will be standard for all office buildings. Office space itself is already changing dramatically. More often than not, there are multiple companies in one building instead of one company per building. Outside of the building, office space is becoming more like a…

Commercial Real Estate 101

How Will Rental Transportation Impact Our Cities?

August 28, 2018 Amy Karnes0 comment

With the recent explosion of scooter companies coming into Columbus, we are left questioning how these rental companies will impact our cities for years to come. You’re not just seeing things – rental transportation is becoming ever more of a popular thing by the day, particularly in larger metropolitan areas. Just as much as they are getting big, they’re also becoming controversial, with some cities fighting back with claims that these scooters clutter the community and are not tightly regulated enough. They’re everywhere, officials say. They’re convenient, claim the companies,…

Commercial Real Estate 101

Four Things to Look for When Hiring a Commercial Brokerage

August 7, 2018 Amy Karnescolumbus, commercial real estate, CRE, industrial, investment, land, leases, mixed-use, multi-use space, office, retail, sales, tenant representation, transactions, Warehouse0 comment

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…