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Commercial Real Estate Services | Worldwide

Serving the Columbus Region Since 1971

We are a full service Commercial Real Estate company capable of helping you and your business take control of your real estate needs.

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Sales and Leasing

We have a proven record of successful real estate transactions including the sales and leasing of land, office, retail, and industrial properties throughout Central Ohio and around the world. NAI Ohio Equities is a dedicated team, ready to work for you. We have an in-house marketing team that will assist all sales associates on how to best list your property. Let one of our professionals work with you on listing your property today.

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Tenant Representation

If you are new to the Columbus region, expanding your business, or simply looking for new space, our talented and professional tenant representatives will help you understand the process. NAI Ohio Equities is here to walk you through all aspects of site selection; from discovery and identification phase all the way through the negotiation and signing of your new lease or closing on your new space.

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Property Management

NAI Ohio Equities’ team includes 20 helpful and talented property managers, each hired to make sure your property functions effectively. From snow removal to security to HVAC repairs, our property management experts offer peace of mind that every last concern is being considered, managed, and repaired. We also offer full accounting support tailored to your operation.

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Who Are We?

Our agents have been helping clients find the perfect real estate solutions for all of their business needs since 1971. Our team members are ready and anxious to offer their assistance for whatever you need.

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Market Reports

Activity in the Columbus Office Market has just about stabilized thus far in 2022, after recovering from nearly 1,700,000 SF coming on the market during the pandemic. Pent-up demand is playing a large role as tenants re-enter the market after postponing decisions for the last 24 months. Rent growth remains strong throughout the suburbs, especially in Class A and new construction.

Direct vacancy rate is up slightly to 9.6% this quarter due in part to construction deliveries. Absorption was slightly negative at nearly 20,000 SF during the second quarter, but the outlook for Q3 22 is strong. The sublease rate continues to drop as space is leased or hits natural expiration.

Rents continue to climb and are up 1.1% year over year, a trend which will only continue in upcoming quarters.

"Despite the national headlines, Columbus remains a strong office market, especially in the Class A and new construction sector. Home grown technology and bio-medical firms are leading the way, along with financial services and all suppliers supporting the Intel expansion in New Albany." - Matt Gregory, VP Office Brokerage

Property Management

Property Management

Professional Property Management is critical to ensuring the longevity and vitality of your commercial real estate investment. At NAI Ohio Equities, we provide active management and integrated resources to preserve and enhance the value of each of your company's real estate assets. We provide a complete and competitive range of property management services for industrial, office, medical, and retail buildings, as well as educational and multi-family properties and home-owner associations.

All NAI Ohio Equities managed assets operate in accordance with our Property Service Standards Program that promotes consistent, high-level operational practices, yet is designed with the flexibility to cater to the unique needs of each property and client.

Case Studies and Testimonials

"Ryan McGreevy very professionally handled the sale of this property and I was very satisfied with his work. I look forward to doing future business together."

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"Each and every prospective deal is always handled in a professional and compelling manner. Furthermore, the attention to detail and analysis provided with each RFP has greatly helped the partners in their decision making."

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"The NAI Ohio Equities Industrial Team has done an excellent job for us. After purchasing Southeast Industrial Park our goal has been to sell the buildings individually. Their team has clearly communicated our objectives to the brokerage community and end users. Through an aggressive marketing effort they have been able to sell 13 of the 18 buildings in the park. We appreciate their determined and honest approach to business."

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"Working with Matt Gregory and Andy Dutcher was fantastic. They were both very energetic and knowledgeable, responding quickly to our various needs and questions. Both are very personable, understood our needs, and strongly supported our effort to start a social enterprise. I would highly recommend them both."

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"Joe Menninger and Philip Bird were a delight to work with. They completely understood our parameters and the necessity to sell our real estate, while continuing to maintain our operations in the space during and after the sale."

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"We have grown significantly in the past few years and had to lease space at three separate locations in order to accomodate the needs of the agency. I was delighted with the personal commitment made by both Peter Merkle and Matt Gregory to find us a property that met all of Alvis House's needs. The time and effort they have put forth has been invaluable."

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Recent News

Understanding the Total Cost of Occupancy

When signing a commercial lease, there are many factors that impact your overall cost. Understanding the total cost of occupancy is important both for budgeting and developing accurate financial forecasts over time, as well as for negotiation.

Recently, our Office Brokerage Group of Matt Gregory, Andy Dutcher, and Philip Bird worked with The Joseph Group to secure a new office space. The Joseph Group had outgrown its current space of roughly 5,500 square feet and sought a space that could accommodate its current needs, but would also facilitate the organization’s anticipated future growth. However, this came with a caveat, The Joseph Group didn’t want to lease more space than it would immediately be able to use. Knowing this, the Office Brokerage Group was able to negotiate a takedown schedule or graduated rent schedule which allowed it to incrementally increase its space and rent over the course of the lease, ensuring that it wasn’t paying for space it wasn’t yet utilizing.

The ability to negotiate creative terms such as this takedown schedule is the result of an understanding of the components of a commercial office lease and the impact those terms have on the total cost of occupancy; therefore, we thought we’d take a closer look at some of the elements of a lease that can affect a tenant’s cost.

How is Rent Calculated?

Using the standards for calculating square footage established by the Building Owners and Managers Association (BOMA), the following components are used to calculate a tenant’s base rent.

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Help Us Fill Backpacks with Hope

This summer, we are preparing to help kids get back to school with full backpacks by supporting Operation Backpack through Volunteers of America Ohio and Indiana.

Nearly one in five children in the U.S. live below the federally defined poverty line and their families, who are balancing basic expenses such as utilities and rent or mortgages, too often, have nothing left over.

Through the month of July, we will be collecting supplies and monetary donations. But more than that, we are giving children hope, by providing an equal opportunity and confidence as they begin the new school year.

If you would like to give hope to a child in need, you can donate by dropping supplies off at our office or order supplies here and have them shipped directly to us! If you’d like to make a monetary donation, we accept Venmo and donations can be sent to our Marketing Director, Amy Karnes at Amy-Karnes. Our goal is to fill 50 backpacks; each full backpack costs approximately $50.

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Do You Need a Specialist in Commercial Real Estate?

From financial advisors to medical practitioners, at some point, we’ve all needed a specialist. Real estate is no different. We’re all familiar with residential and commercial real estate, but through the years, commercial real estate specifically has become highly specialized.

A broker’s role has morphed into that of a real estate “advisor.” Depending on the property type and specialization, there are a slew of functions brokers perform, including financial and market analyses, demographic studies, site selection research, portfolio analysis, and more.

The depth of broker specialization is largely dependent on the needs of the market. The larger the market, the more specialized it tends to become. In Columbus, most brokers who are specialists do so by product type: industrial, investments and multifamily, office, and retail, primarily, explains Matt Gregory who specializes in office sales and leasing at NAI Ohio Equities.

However, in larger cities, such as New York City, you may encounter brokers that strictly do tenant representation or work within a particular submarket of the city. As Columbus continues to grow, we are also beginning to see the emergence of subspecialization. For example, areas such as medical office, self-storage, data centers, hospitality, religious institutions, and schools, are all types of subspecialties.

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Employment Opportunities

NAI Ohio Equities is hiring. If you are looking for employment with our company and fit the requirements we are looking for, we would love to meet you. Please review any job openings below, and if interested, please click on the listings to view more information and apply. Thanks!