4 Things to Think About Before Your Office Lease Renews

January 21, 2020January 21, 2020 Amy Karnescommercial real estate, market, negotiation, office, office lease, real estate, renewal, rent0 comment

Is it that time of year, again? Office lease renewal periods are a great time to reconsider your current terms as it provides tenants with the opportunity to think about some important points. In any commercial deal, lease renewals should be handled with winning strategies. If you’re ready to renew your office lease, make sure to consider these 4 points first: Always Read Between the Lines Tenants should never get too comfortable. Carefully reviewing the exact terms of each lease will help office tenants avoid big problems down the line.…

Commercial Real Estate 101

Colleges are Cashing in On Real Estate: Here’s How

December 10, 2019December 10, 2019 Amy Karnescollege, college market, commercial real estate, community, CRE, profits, real estate, university real estate, wealth0 comment

We all know that real estate is a prosperous industry. Its profit-boosting powers have been catching the eyes of a new demographic. Can you guess who? If universities came to mind, then you’re right on the ball. Colleges have been heavily investing in their surrounding communities for a while, and they’ve been reaping the rewards. Universities are now playing a far more active role in their local commercial markets. Let’s take a look at how colleges are using commercial real estate to increase their profits. Expanding the Campus Grounds Today’s…

Commercial Real Estate 101

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

May 8, 2018 Amy Karnesamazon, brick and mortar, commercial real estate, ecommerce, grocery, online, real estate, retail, sales, stores, technology, transactions, Warehouse, whole foods0 comment

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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Patrick Larrimer Assists The Animal Health Organization Find a Home

November 20, 2017December 1, 2017 Amy Karnescolumbus, commercial real estate, Patrick Larrimer, real estate, transactions0 comment

The Animal Health Organization, a new 501(c)(3) whose goal it is to provide high-quality, low-cost services to animals, shelters, and families has finally found a home. The non-profit has recently opened at 7206 Gooding Blvd in Delaware, Ohio. The organization provides an array of services to animals including medical care, sheltering, and even providing food, shelter, supplies and medical care to animals of homeless or low-income families. “For a small non-profit, it is truly a miracle when you find a location that meets, and exceeds your expectations and needs. Not…

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

August 8, 2016November 18, 2020 Andrew Schnitkeyandy dutcher, columbus, matt gregory, nai ohio equities, northwoods, office, real estate0 comment

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…