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.
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.
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.
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.
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.
Find an agentClients
Featured Listings
Office Listings
NAI Ohio Equities offers a wide variety of services for office users and investors alike. Our professional staff currently tracks almost 32,000,000 square feet of office space throughout the Central Ohio area. With over 40 years of professional market experience, our staff of accredited professionals offers each of our clients the home-field advantage. We live and work in the Central Ohio area, and we distinctly know the properties, the codes and ordinances, the people and business climate.
Industrial Listings
NAI Ohio Equities provides the resources necessary to successfully complete even the most complex transactions. Our services reach throughout the Columbus metropolitan region and the world. While tracking more than 268,000,000 square feet of Industrial space NAI Ohio Equities is able to find not only the best fit, but also the best value for its clients. Industrial clientele include privately owned companies, national and international corporations, institutional owners, private investors and national developers.
Retail Listings
Finding the right location for a retail venture is one of the most challenging tasks in today's competitive market. It takes knowledge about your client - a complete understanding of the products, services, target markets and competition. It also takes knowledge and insights into the retail real estate market - knowing the available locations and sites, knowing what's happening in the marketplace today and what is expected tomorrow. NAI Ohio Equities works with developers and retail property owners, helping successfully position their properties in the retail market and developing a comprehensive marketing strategy to attain the highest occupancy.
Market Reports
Threats of a recession may cause retailers to postpone expansion plans in early 2023, but retail vacancy has continued to fall to the lowest point on record, which has been driven by steady demand fueled by wage growth and household savings. Rent growth has also accelerated with peaks expected early in the year.
Rent growth has hastened with rents currently 5.6% higher than this same time last year.
As of Q4 22, 824,000 SF of retail space is under construction across 15 submarkets.
Retailers, including discount chains which have fared well through the pandemic recovery, are facing challenges due to inflation, which could impact expansion plans.
"Retail fundamentals continue to be strong in the local retail market, with inflationary pressures dampening expansion in some categories like the restaurant sector. According to a recent National Restaurant Association survey, 40% of restaurant operators are now putting off previous expansion plans with rising costs being the primary cause for pause. This, even as the labor market is giving hints of a revival." - Mike Simpson, President
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."
"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."
"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."
"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."
"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."
"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."
Recent News
Matt Gregory and Andy Dutcher Recognized as Top 100 Producers by NAI Global
February 28, 2023
NAI Global announced last week that NAI Ohio Equities’ Matt Gregory and Andy Dutcher have been recognized through its annual Top Performer Recognition Program. Gregory and Dutcher each earned a spot on the 2022 Top 100 Producers list consisting of the top 2% of all agents within the 375 NAI offices worldwide and has an estimated 6000 agents.
Gregory and Dutcher lead the Office Brokerage Group within NAI Ohio Equities. They have completed more than 1,000 real estate transactions with a volume of more than $715 million since becoming business partners in 2008.
In 2022, the Office Brokerage Group completed 111 transactions equating to more than 800,000 square feet leased or sold in the Columbus MSA. They were recognized by the Columbus Realtors with awards for the Largest Office Sale, Largest Retail Sale and Lease, Largest Industrial Lease, Most Co-op transactions, and as Top Producers, as well as being CoStar Power Brokers.
“Our production is directly correlated to achieving results for our outstanding clients and proof that the office market in Columbus, Ohio is resilient and that negative national headlines are not always reflective of what’s actually happening across the country as a whole, said Andy Dutcher.
Businesses Should Prepare Now for June Electric Rate Hikes
February 23, 2023
Pressures on the energy market have been mounting and soon consumers will be faced with the fallout.
The combination of the pandemic causing workplaces to go dark thus lessoning demand and production, followed by labor and supply shortages, a diminished natural gas supply caused by the invasion of Ukraine, and now inflation, have pushed energy markets to the brink.
Couple that with the rising value of exported liquified natural gas overseas, which is driving producers to move more of their supply to Europe where the commodity commands pricing nearly five times higher than it does in the United States, and you have a recipe for skyrocketing electricity rates.
“Businesses can expect electricity prices to climb by nearly 40% this June,” explained Rob Myers, managing partner at Ohio Industrial Energy.
“Roughly 80% of electricity is now generated from natural gas instead of coal, making those markets more correlated than they’ve ever been,” he said.
Pricing is based on the wholesale electric market and determined by the utilities during auctions conducted in November and March for the following June.
“If the market is volatile during those times, as it was this past November, it can have big consequences. Current rates in Columbus are sitting at roughly 7.2 cents per kilowatt-hour, and the November auction cleared rates at 12 cents per kilowatt-hour,” he explained.
NAI Ohio Equities’ 2023 Predictions for the Central Ohio Commercial Real Estate Market
December 15, 2022
It’s been an eventful year in commercial real estate as the recovery drove record-level activity, and now, with activity slowing as a result of interest rate increases intended to temper inflation. As we look forward to next year, our market experts share their insights on what you can expect as we head into 2023.
INTEREST RATESUncertainty around interest rates will continue to affect decision making for the first half of 2023. After reaching record lows of around 3.5%, and then climbing to the highs of about 6.5% during 2022, interest rates will begin to stabilize in 2023 and return to a midway point of about 5%.
CONSTRUCTION COSTIn general, labor and materials for construction projects will be more difficult to obtain. Rising costs will limit new construction in the retail sector, and in the office market, rising construction costs will cause rates to increase as landlords cover tenant improvements.
SPECULATIVE DEVELOPMENTIn the industrial market, expect far fewer speculative warehouse construction starts this coming year. In the office market, speculative development will continue to be limited, with the exception of some office within mixed-use developments.
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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!