Do You Need a Specialist in Commercial Real Estate?

June 16, 2022June 16, 2022 Alexa Broylescolumbus, commercial real estate, CRE, data centers, hospitality, industrial, investment, land, medical office, office, religious institutions, retail, schools, self-storage, Specialization, transactions, Warehouse

From financial advisors to medical practitioners, at some point, we’ve all needed a specialist. Real estate is no different. We’re all familiar with residential and commercial real estate, but through the years, commercial real estate specifically has become highly specialized. A broker’s role has morphed into that of a real estate “advisor.” Depending on the property type and specialization, there are a slew of functions brokers perform, including financial and market analyses, demographic studies, site selection research, portfolio analysis, and more. The depth of broker specialization is largely dependent on…

Commercial Real Estate 101

Five Reasons You Should Engage a Tenant Rep to Negotiate Your Commercial Lease

June 7, 2022July 11, 2022 Alexa Broylescolumbus, commercial real estate, CRE, industrial, land, office, retail, tenant representation, transactions, Warehouse

Leases dominated our roster of closed transactions for May with our office signing or renewing leases equating to more than 205,000 square feet. With such a significant amount of leasing activity, we thought we’d take a deep dive into the benefits and misconceptions regarding tenant representation and share with you our top five reasons why hiring a tenant representative is beneficial! Signing a lease for a commercial property is a big commitment, and finding that perfect space is often a time-consuming and sometimes, daunting task. The good news is –…

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More SIORs At Ohio Equities Than Almost Any Other Columbus Brokerage

May 19, 2022May 19, 2022 Alexa Broylescolumbus, commercial real estate, CRE, industrial, office, sior

Did you know that our office has FIVE Industrial and Office specialists who have earned their SIOR designation? The Society of Industrial and Office Realtors (SIOR) designation indicates the industry’s most capable and experienced industrial and office practitioners. Around the world, there are approximately 3,600 members in 45 countries. There are only about 46 practicing who have earned the designation in Central Ohio, meaning roughly 1 of every 9 of the SIORs in Columbus work for NAI Ohio Equities. The rigorous curriculum paired with the prerequisites for experience and endorsements…

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Post-COVID Trends In Healthcare & MOB Properties

April 7, 2022April 7, 2022 Alexa Broylescommercial real estate, CRE, healthcare, Healthy Buildings, lease rates, matt gregory, medical, Mike Simpson, mob, office, tenant improvment, transactions

Our office gained some serious momentum in March, closing 29 commercial transactions for the month. These transactions included a significant number of medical office buildings (MOBs) so we thought we’d take this opportunity to take a closer look at these notoriously stable assets and ask our experts what they are seeing post-COVID in the sector, and the trends we can expect to see in 2022. Emphasis on Healthy Buildings It’s no surprise that as we emerge from a pandemic, medical office building trends would include an emphasis on “healthy” buildings.…

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Community Propels Columbus Neighborhood Forward

February 28, 2022February 28, 2022 Alexa Broylescolumbus, commercial real estate, CRE, industrial, investment, land, office, retail, transactions, Warehouse

NAI Ohio Equities had a strong February with more than 20 closings this month. Our office sold or leased more than 182,600 square feet, and signed or renewed leases with 15 tenants. Our featured property this month is 895 Parsons Avenue, a 9,700 square foot freestanding building on the city’s south end nestled within the neighborhood of Schumacher Place, which sits adjacent to German Village, Merion Village, Southern Orchards, and is in close proximity to Nationwide Children’s Hospital, the largest pediatric hospital in the United States. The building houses both…

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2021: A Record-Setting Year in Commercial Real Estate

February 3, 2022July 18, 2022 Alexa Broylescolumbus, commercial real estate, CRE, industrial, investment, land, office, transactions

Commercial real estate transactions totaled $809 billion last year as investors loaded up on warehouses and apartment buildings to capitalize on the e-commerce boom and record-setting rents, according to “Commercial Properties Saw Record Sales in ’21” published by The Wall Street Journal. It was no different at NAI Ohio Equities, where we celebrated another landmark year! As we prepare for 2022, we wanted to take a look back and share with you our most significant transactions of 2021! Top 5 Industrial Leases Industrial transactions rose to new highs with the…

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The Office of Tomorrow

January 25, 2022April 11, 2023 Alexa Broylescolumbus, commercial real estate, CRE, design, kaitlin kingrey, MA Design, matt gregory, office, tamra fuscaldo

The pandemic has shone a light on both the positive and negative attributes of remote work. Employees have demonstrated that they can work from home successfully and their demand for flexibility seems heard as more employers adopt some permanent form of a remote work model. However, for some, the monotony of Zoom meetings and feelings of isolation are notable impacts driving a desire to return to the office. So, what exactly are the elements associated with future offices that will be a draw to workers? From spaces that provide employees…

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Office Space is Desired in Central Ohio – If it’s the Right Kind

December 9, 2021January 14, 2022 Alexa Broylesandy dutcher, columbus, commercial real estate, CRE, industrial, investment, land, matt gregory, office, Office Brokerage Group, Phillip Bird, retail, transactions, Warehouse

November transactions remained steady for NAI Ohio Equities. Our team closed more than 25 commercial real estate transactions, equating to more than 662,400 square feet. Of the month’s transactions, nearly one-third were office space. The conversation about remote work and whether or not to return to the office is continuing as we approach 2022 and round out the second year of the pandemic. Though recent trends such as “The Great Resignation” have fueled the fire with regard to remote work, there are signs that organizations want employees back in the…

Commercial Real Estate 101

Looking for an Investment Property? Self-Storage May Offer a Unique Opportunity

October 7, 2021July 18, 2022 Alexa BroylesCarter Stephens, columbus, columbus ohio, commercial real estate, Conor David, distribution, industrial, Investment Sales Team, just leased, multi-family, office, property, retail, self-storage, Tyler Watkins, Warehouse

September commercial real estate transactions remained steady and accounted for roughly 325,000 sq. ft. in sold or leased, office, investment, industrial, and retail properties in our office. One of our largest sales was 485 Lee Street in Belpre, Ohio. The self-storage facility featured nearly 78,000 sq. ft. of rentable space and an astounding 465 units. Self-storage continues to be a desired investment sector, and has gained significant interest recently for several reasons. To begin, explained Investment Team Broker, Tyler Watkins, self-storage properties tend to be easier to manage and have…

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August Transactions in Central Ohio

September 2, 2021September 2, 2021 Amy Karnescolumbus, commercial real estate, delaware, for sale, industrial, investment, land, leased, office, ohio, real estate investment, sold, Warehouse

August did not slow down this year for commercial real estate transactions. Our office closed on a number of industrial, investment, land, retail and office properties. One of our largest sales was 105 Innovation Court in Delaware, Ohio. This 60,000 SF industrial investment property sold for $5,700,000 by Doug Shull. The Central Ohio Commercial Real Estate market continues to be a great market for both small businesses and larger corporations. Get in touch with us if you need an opinion of value on your commercial space!