Northwoods II office building changes ownership; NAI Ohio Equities retains leasing

Ownership at the Northwoods II Office, located at 8101 North High Street has changed to the PNL Companies. PNL focuses on identifying and maximizing value in commercial real estate throughout the United States and was attracted to Northwoods II due to its timeless architecture and the resurgent Worthington office submarket. The company closed on the acquisition on August 3, 2016. PNL is planning an immediate investment of over $1 million in building upgrades and renovations, including roof, HVAC, LED lighting, parking lot and modernization of the restrooms and main lobby…

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Market Reports 

NAI Ohio Equities 2nd Quarter 2016 Market Reports

Overall, the Columbus Region continues to be vibrant and healthy. Rental rates continue to inch up in favor of landlords, resulting in new construction – 500,000 square feet in the office sector; 4,000,000 square feet in industrial; and 1,400,000 square feet in retail. Though is it good news that our market is healthy, shrinking vacancy and rising rental rates is resulting in greater leverage for landlords when negotiating new movie Hardcore Henry 2015 now For tenants seeking new space for lease, never has it been more important to partner…

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