Commercial Real Estate 101 

What Does Office Lease Renewal Look Like Right Now?

As WFH continues to dominate today’s business scene, offices are facing many unprecedented challenges. Teams are teleworking, the office space is snoozing, and even after two months, there’s no official word yet on when things will be back to ‘normal’. With uncertainty on the radar and no clear end to COVID-19 in sight, office lease renewals will definitely pose a challenge for many landlords and property owners. Let’s take a deeper look at the details to gauge exactly what the industry is dealing with: Tenant Troubles A real estate field…

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Commercial Real Estate 101 

Looking to Invest? Terminology 101

Are you new to Commercial Real Estate, or have you never known what any of the following terms mean? Here we give you a quick breakdown of common terminology found in the world of CRE (commercial real estate): Build Out: The construction or improvements of the interior space, including flooring, walls, finished plumbing, electrical work, etc. Capitalization Rate (Cap Rate): The value given to the property when the Net Operating Income (NOI) is divided by the current market value or sales price. A cap rate can be used as a…

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News 

Now Available: Remote Online Notary Service

NAI Ohio Equities is now offering Remote Online Notary (RON) services to our clients. Our firm has adapted to the changing landscape and we can offer this service to accommodate today’s working environment. This new way to sign allows tenants and landlords an opportunity to sign their lease anywhere in the world. What is remote notarization? With remote notarization, a signer personally appears before the Notary at the time of the notarization using audio-visual technology over the internet instead of being physically present in the same room. Remote online notarization…

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News 

November Transactions

NAI Ohio Equities closed on over 30 properties during the month of November. We signed 5 lease renewals during the month, along with 20 new leases. Our Sheeran Semon team and Office Brokerage Group also closed on some larger industrial, retail and office buildings. Congrats to all on the sales and leases during the month of November!

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News 

September Transactions

NAI Ohio Equities closed over 23 transactions during the month of September, including the sale of an office portfolio at 825 Tech Center and 8101 N. High Street. The 209,440 square feet of Class A Office Space was sold by our Office Brokerage Group of Matt Gregory, SIOR, CCIM, Andy Dutcher, SIOR and Philip Bird. To download our entire report, please click Here.

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