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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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Clients

Cover My Meds logoFarmers Insurance logoHackman Capital Partners logoKaufman Development logoOhioHealth logoPNC logoWendy's logoWasserstrom logo

Market Reports

E-commerce, a growing consumer base, and strategic location have driven record-level demand in the Columbus industrial market where the development pipeline has reached an all- time high. At 6.3% of market inventory, Columbus is well above the national average of 4.0%, with approximately 70% of development being speculative.

Construction costs have stabilized in the last several months.

Seller/buyer pricing exploration continues due to the rise in interest rates causing a slow down in investment activity.

Over 6M SF of speculative space will be delivered to the market by the end of the year.

Tenant demand for space remains strong and quick decisions must be made to secure space.

Lease rates continue to rise to all-time highs.

Intel is expected to be a large driver of market demand for years to come.

"The market is sending mixed signals right now. Interest rates, cap rates and lease rates are increasing, construction costs have leveled off and tenant demand remains strong. Mix all those together and it gets difficult for developers, buyers and sellers to make decisions." - Curt Berlin SIOR, Industrial Specialist

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

October Closed Transactions

November 3, 2022

Activity picked up in October with our brokerage department closing 26 transactions, a 30% increase over September, equating to more than 992,000 square feet sold or leased for the month. Our featured transactions for the month were all multimillion-dollar deals, which included long-term leases and renewals.

Mike Simpson represented Telhio Credit Union in its search for its newest location. Telhio signed a 10-year lease at 330 Rush Alley at The Peninsula in Franklinton. Citing a desire to be in a progressive area, Telhio sought a location that also offered building signage and kept all employees on one floor. Telhio is in the process of selling its 96 N. 4th Street location to an owner occupant which is expected to close later this month. It will lease back its current location until its Franklinton location is ready to occupy in summer 2023.

Industrial transactions accounted for about 40% of the month’s total transactions. Curt Berlin and the Industrial Property Team had the largest multimillion-dollar transaction of the month providing consultation services to the lessor at 4314 E. 5th Avenue on the approximately 700,000-square-foot lease to Geodis Logistics.

Philip Bird and the Office Brokerage Group represented the landlord in negotiating a lease renewal at 579 Executive Campus Drive in Westerville. ABB Inc. signed a long-term extension for its first-floor offices and flex space.

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Adaptive Reuse: An Unconventional Solution to a Dilemma in Industrial CRE

October 18, 2022

Over the past decade or so, the American mall has been pummeled. In 2017, a report issued by global bank Credit Suisse predicted that roughly one in four malls would close by 2022 as a result of shifts in consumer spending habits. And then in 2020, pandemic shutdowns and social distancing delivered another striking blow. While higher-end malls have been able to withstand the onslaught, many Class B and Class C malls in rural areas across the country have not.

When Sears, the only remaining anchor tenant at The Upper Valley Mall in Springfield, Ohio departed in 2019, the mall's future as a retail destination was in jeopardy. By June 2021, the mall had closed its doors for good.

Officials of the Clark County Land Reutilization Corporation, which purchased the property in 2018, tried to determine what the future of the property might look like, knowing that retail was no longer a viable use. Many older malls were simply being demolished with no plans for future development. But in 2021, the mall was purchased by Industrial Commercial Properties with plans to convert the obsolescent space into a massive industrial business park.

As the pandemic lingered, online shopping and demand for warehouses soared, and vacancy rates reached record lows. Industrial space couldn’t be built fast enough, which presented an opportunity for Industrial Commercial Properties.

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Creating Culture: How Our Community Engagement Committee Makes Us Better

September 13, 2022

Meet our Community Engagement Committee! Throughout the year, our volunteers brainstorm, plan, and organize all of the fun things we do at NAI Ohio Equities. From monthly employee events like kayaking and baseball games to our quarterly volunteer opportunities like Operation Backpack – they make it all happen! But why do we have such a committee and what value does it provide? As it turns out, there are many benefits, in addition to having fun, which help us to create a strong culture and strengthen our organization!

We Want to Create Opportunities for Connection

As humans, we crave connection to others, and even more importantly, we desire to belong. Volunteer events and company activities provide an opportunity to interact with your co-workers in an informal, authentic way. Additionally, when selecting and supporting a cause, employees tend to find a commonality, which aids in developing meaningful relationships, a key element to a sense of belonging.

We Want Our Employees Engaged

There are numerous studies that demonstrate a correlation between volunteerism and employee engagement. According to a Deloitte study, millennial workers who frequently participated in their company’s volunteer activities were twice as likely to rate their company’s culture as very positive, more proud to work for their company, and more likely to be loyal to their organization.

Volunteering Develops Leadership Skills

According to another Deloitte study, 92% of respondents agreed that volunteering is an effective way to improve leadership skills and improves employees’ broader professional skill sets including communication, accountability and commitment, and strong character – all skills desired by employers.

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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!