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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News 

John Mally and Jim Merkel Win at the Columbus Realtors Commercial Award Night

Two agents at NAI Ohio Equities were awarded during the Columbus Realtors Commercial Brokerage Awards dinner on March 8th, 2018. Jim Merkel, SIOR, CCIM received the 2017 Erika Blumenstein Memorial Award and John Mally received an award for Most Unique Commercial Transaction. Jim received the award for his professionalism and outstanding commitment to the commercial real estate industry and to the Central Ohio community. Jim has been in the real estate industry for over 45 years and specializes in office, industrial and investment brokerage. He provides value-add, comprehensive real estate services…

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Commercial Real Estate 101 

Shopping Malls Turned Warehouse? CRE Might be onto Something

Over the course of the next few years, nearly 30% of all American malls are expected to close their doors and focus more heavily on online sales. It’s no big surprise that with the rise of offline to online shopping increasing at a fast pace, retailers are focusing their efforts on e-commerce business rather than the physical shopping experience. What’s to come of these empty shopping malls? New space for warehouses to launch e-commerce facilities. More shopping center and mall spaces are being repurposed for industrial distribution as e-commerce begins…

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News 

Fortner Fine Furnishings Consolidates Furniture and Upholstery Business to 2000 S. High St.

The historic Seagraves Fire Truck Manufacturing Facility, most recently Jet Container on the south side of Columbus has been sold to Fortner Fine Furnishings. The 230,000 SF space located at 2000-2050 S. High Street will include 25,000 SF for upholstery and restoration and another 25,000 SF for custom furniture and carpentry.   “My grandfather worked as an upholstery on the South Side of Columbus, so in a sense it is us coming back to our roots,” said Justin McAllister, President of Fortner Fine Furnishings.   Fortner purchased the building after…

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Commercial Real Estate 101 

Why Columbus?

In the past few years, there has been a lot of talk about the “up and coming” cities in the United States. Almost every list includes our hometown, Columbus, Ohio. “What?” people keep saying, “why Columbus?” Even though we thought we could keep our gem in the midwest a secret forever, we are also proud to be included in such an amazing conversation. Here’s why: It’s Affordable. Columbus ranks number 14 on the CNBC list of “15 Cities Where you Can Live Really Well on $60,000.” It is also one…

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