Commercial Real Estate 101 

These 5 Technologies are Making Property Management Easier

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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Commercial Real Estate 101 

This is What the Office of the Future Looks Like

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…

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Commercial Real Estate 101 

How Will Rental Transportation Impact Our Cities?

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,…

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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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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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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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Commercial Real Estate 101 

Technology is Keeping Bodies in Brick and Mortar: Here’s How

Cutting-edge technology is essential for big-brands who want their retail empires to continue to succeed and outpace competitors in today’s (and probably tomorrow’s) retail landscape. E-commerce has created a shift in consumer wants and behaviors towards retail, however, the right technology can feed into those wants and positive behaviors. Here are three important ways technology is changing brick-and-mortar for the future. Tech experiences are bringing something to the table that shopping online can’t. Experiences are one thing that physical stores have, that online ones don’t. Technology that helps you choose…

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Commercial Real Estate 101 

4 Ways that Driverless Cars Could Impact the CRE Industry

Companies ranging from the big automakers in Detroit to tech firms in Silicon Valley are pouring research dollars into driverless cars, and this development is projected to completely change the future of commercial real estate. This transition creates opportunities for new investment as well as challenges for existing properties. Demand for parking The biggest effect of driverless cars will be a reduction in demand for parking. As cars become fully autonomous, passengers can be dropped off at their final destination and continue to pick up other passengers or park themselves…

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Commercial Real Estate 101 

Designations in Commercial Real Estate

At NAI Ohio Equities, we pride ourselves on being the top Commercial Real Estate company in Central Ohio. Many of our agents have put in time and energy to achieve industry designations, such as CCIM, SIOR or CPM. Those agents stand out from the crowd and provide a high level of service with our industry and company. Commercial Real Estate transactions are some of the most important decisions a business or person can make. Finding the right real estate partner is part of that decision and one that is designated…

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