Office
Services
NAI Ohio Equities has decades of experience within the Central Ohio office market. We have an understanding of the current market and how it is evolving, including recent trends. Our commercial office brokers use innovative techniques while guiding you through all the details of the transaction, including market comps, negotiations, and the construction process. Whether you are looking to buy or sell, fill vacant space, or relocate your business, our brokers will find a solution that works for you.
Office Market Snapshot
01The Office vacancy rate fell to 9.3% during the fourth quarter of 2021.
02The Office market had positive absorption of 270,000 SF in the fourth quarter of 2021.
4th Quarter 2021
- For the second consecutive quarter the Columbus office market experienced positive net absorption, which totaled 270,000 SF in Q4 21. Average lease rates held at just over $21/SF, and new development remains steady with nearly 1.5 million SF under construction.
- “Despite the lingering pandemic, leasing activity continues to strengthen with more tenants in the market and larger transactions occurring in both the suburbs and downtown. We anticipate this trend will continue in 2022, especially with the demand for high quality and new construction opportunities that are well amenitized.” - Philip Bird, VP Office Brokerage
Featured Office Specialist
Matt Gregory, SIOR, CCIM
Senior VP, Office Brokerage
(614) 629-5234 (office)
(614) 937-6501 (mobile)
Education: The Ohio State University
Years Experience: 15
Our Office Clients
"Working with NAI Ohio Equities was fantastic. They were very energetic and knowledgeable, responding quickly to our various needs and questions. Our agents were very personable, understood our needs, and strongly supported our effort to start a social enterprise. I would highly recommend them."
- Steve Votaw, CEO
"NAI Ohio Equities went above and beyond to get everyone on board with the decision to move. They made us all feel comfortable and at ease throughout the entire process and were patient and helpful during this lengthy journey."
- Kari Kittrell Poole, Executive Director
"NAI Ohio Equities provided valuable and frequent updates on real estate market conditions, deals in play, whose word can be trusted, etc. Also, it was clear throughout our process that other persons and organizations hold Ohio Equities generally in high regard as knowledgeable and trustworthy counter-parties. Through their reputation, we gained a huge benefit in others assuming at the outset that we were a worthy, albeit small, organization."
- Alan Scantland, CEO
