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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

Retail Overview

Availability is close to the lowest point on record however, leasing activity is holding up given the limited amount of available space. Experential tenants remain the most active in the 25,000-square-foot and up segment, while discounters, dollar stores, and cellular service providers lead smaller segments.

Rent growth continues in the Columbus retail market, with asking rents up 5.9% over the past 12 months.p With 779,000 square feet absorbed over the past 12 months, vacancy sits at a very low 3.7%.

Transaction activity is moderating in Columbus. Around $150 million in assets traded in the first half of 2023, less than half the total in the first six months of 2022.

Power centers have seen the most dramatic improvement in vacancy over the past year, but are still above the market overall at 4.2%.

“Despite an improvement in demand over the past year, transactions have once again begun to moderate as a result of restricted consumer spending and a steep rise in interest rates. However, rent growth remains solid across the Columbus market at 5.9%” - Mike Simpson, President

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

A Five Step Guide to the Tenant Buildout Process

November 30, 2023

One of the most common questions asked by office tenants during the leasing process is how to proceed with evaluating the costs associated with tenant improvements and how that expense factors into their negotiation and decision-making process. After all, you can’t be entirely clear on the cost of the lease without understanding the expense associated with any improvements that will be needed. With the proper planning, strong representation, experienced contractors, and some insight, you can manage this process in a way that is effective and results in a clear understanding of your costs!

Step 1: Narrow Your List

To begin, hone in on what your needs are versus your wants for the space and narrow down your search to the top two to three options. Having a short list will help to simplify your ability to compare and contrast your total cost for each space.

Step 2: Develop a Space Plan

A space plan is a detailed layout or design that shows the contractor how you intend to use your space. The best way to do this is to hire an architect or work with the building architect. Sometimes, a tenant will create a space plan without an architect, however, this can cause inefficiency. Ideally, your space plan will reflect the most current floor plan, along with details about the finishes, plumbing and electrical changes, and which walls would be removed and where new construction would be needed. The more detail included enables the contractor to provide the most accurate estimate, which prevents inflated estimates and surprises later.

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October Closed Transactions

November 7, 2023

While volume remained steady with 17 closed transactions for October equating to more than 420,000 square feet, we had an exceptional month in terms of the size and significance of the transactions that were closed.

The Sheeran-Semon Team of Dan Sheeran Sr., Dan Sheeran Jr., and Mike Semon had both of the largest transactions of the month with a lease signed by TP Mechanical Contractors at 1675 Watkins Road. TP Mechanical will use the 290,573-square-foot space for fabrication and distribution.

Reading Rock signed a lease at 2646 Morse Road. Cincinnati-based Reading Rock will use the 11,668-square-foot building to establish its first location in the Columbus market.

The Office Brokerage Group of Matt Gregory, Andy Dutcher and Philip Bird had the largest office transaction of the month with a new lease signed by Revolution Mortgage at 579 Executive Campus Drive in Westerville. The team also completed 52% of the month’s transactions.

Overall, office transactions accounted for 52% of the month’s transactions, while retail accounted for 24% and industrial about 18% of the transactions.

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Navigating the Commercial Inspection Process

October 24, 2023

Commercial inspections may seem like a mundane detail in the process of buying a property, but they are an extremely valuable and important tool in gauging your risk when making a purchase. At first glance, it may seem as if all commercial property inspectors are the same, but we spoke to the experts and discovered that commercial inspections are impacted by several factors and criteria that impact the value you receive from them. From how to choose a commercial inspector to what you should expect, this is what you need to know!

Why Do I Need a Commercial Property Inspection?

Think of inspections as a “snapshot in time” says Kevin Nally of Linkhorn Inspection Group. The purpose of a commercial inspection is meant to give you an idea of what’s working in normal conditions based on age and usage and what’s going to be an expense to you in one, three, five years and in the future, he continued.

Inspections help to mitigate risk because once you purchase the property, the liability is 100% yours. Even if the building owner has provided details on the work that has been done, and provides a capital budget, an inspection provides the most current picture of the property, he added.

Additionally, a commercial inspection can be a tool in negotiating the purchase price.

How Do I Choose a Commercial Property Inspector?

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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!