Maximizing Efficiency and Quality: The Importance of Periodically Bidding Out Service Contracts

February 27, 2024February 27, 2024 Alexa Broylescolumbus, commercial real estate, cost savings, CRE, industrial, investment, office, property management, retail, service contracts

If you’ve been using the same vendor for years without bidding out the service contract, you could be doing yourself a disservice. As a property management company, bidding out service contracts for our clients is a valuable tool that creates a balance between maintaining quality service and optimizing costs. In this blog post, we delve into the benefits of bidding out service contracts, including which services to start with and the frequency. Reasons for Periodically Bidding Out Service Contracts Cost Savings Regularly bidding out service contracts ensures you receive the…

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NAI Ohio Equities Promotes From Within, Creates New Leadership Structure for Property Management

January 25, 2024January 25, 2024 Alexa Broylescolumbus, commercial real estate, CRE, industrial, Medical Office Building, office, promotion, property management, residential

We are pleased to announce the promotions of Dave Wakeman and Devon Cotterman, who each have new roles as Vice President of Property Management for NAI Ohio Equities. “Dave and Devon have long-tenured careers here at the company and have established a standard of excellence for the properties they serve. It was imperative to look at our talented group of people and to promote from within our organization,” said President Mike Simpson. “We looked closely at our future goals and determined that it made a lot of sense for us…

Commercial Real Estate 101

Beyond the Deal: Four Essential Steps Now That You’re Closing on Your Commercial Property

August 24, 2023August 24, 2023 Alexa BroylesBudgeting, Capital Expenses, Capital Reserve Study, certificate of insurance, Closing on Commercial Property, columbus, commercial real estate, CRE, Insurance, Preparing for Occupancy, property management, Property taxes, Reserve Funding Plan

Your offer has been accepted, you’ve completed your due diligence, and you’re closing on your commercial property – so, what’s next? Whether you are a commercial property owner or tenant, there are still more details to attend to. From preparing your space for occupancy to budgeting for long-term capital expenses, these are the must-do’s now that you’re closing. 1. Prepare the Space for Occupancy Now that you’ve found the perfect space for your business, or secured the ideal tenant, it’s time to begin making it your own. You’ll need to…

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The Evolving Role of the Property Manager and the Tenant Experience

July 26, 2023July 26, 2023 Alexa Broylescolumbus, commercial real estate, CRE, office, property management, Property manager, tenant, tenant experience

The role of the commercial property manager has evolved. Office vacancy rates continue to remain high due to work-from-home and hybrid policies and tenants are seizing the opportunity to upgrade their space. The flight to quality – a migration to amenity-driven spaces in walkable mixed-use communities, has posed a dilemma for building owners, property managers, and brokers, with a surplus of aging office space that continues to sit on the market. As a result, property managers are now finding that they have become curators of the “tenant experience” to compete.…

Client Spotlight

Client Spotlight: Columbus Oncology and Hematology

August 30, 2022August 30, 2022 Alexa Broylescolumbus, CRE, Medical Office Building, mob, property management

Columbus Oncology and Hematology is dedicated to providing compassionate, quality care to its patients who have received a cancer diagnosis. It is an organization that makes every effort to make the devastating diagnosis a little bit easier to bear by removing obstacles for patients so that they can focus on getting well. From their state-of-the-art facilities and services to something as simple as moving away from a menu-driven phone system and instead, ensuring a patient experience team member answers each call and personally helps to direct it to avoid additional…

Commercial Real Estate 101

Things to Watch in the Medical Office Space

October 22, 2020November 17, 2020 Amy Karnesbuildings, commercial real estate, medical, medical office space, office, property management

At the introduction of the pandemic, there was much talk circulating the industry regarding the medical space. This was a natural response to a health-centric global crisis, and as all eyes fell on CRE’s medical sector, it was still a time of great uncertainty. During the early months of COVID when nobody knew how intense the stakes may get or how long it all would last, medical office tenants were planning to expand their ground presence while simultaneously flexing their digital capacities. But, it’s been months, and the conversation has…

Commercial Real Estate 101

September Transactions

October 1, 2019October 1, 2019 Amy Karnescommercial real estate, CRE, industrial, office, property management, retail, transactions0 comment

NAI Ohio Equities closed on over 28 properties during the month of September. Some of our larger sales included the sale of an industrial building in Lewis Center, which was an in-house deal with our Industrial Property Team and the Sheeran Semon Team. Congrats to all on the sales and leases during the month of September!

Commercial Real Estate 101

6 Trends in Property Management

April 2, 2019April 2, 2019 Amy Karnesamenities, custom, inclusivity, investors, landlord, management, property management, retention, technology, trends0 comment

Let’s look at the various trends we will be keeping an eye out for in 2019, and how they can amp up your success in the new year. Retention In 2019 it will be incredibly pivotal to retain management that is long-term and consistent. This creates the capability for management to get to know the property and its tenants and provide the best possible results. With rental rates projected to plateau in 2019-2020, it will be key for management to maintain peak operating performances, mitigate vacancies and control expenses so…

Commercial Real Estate 101

6 Must-Consider Factors When Investing in Commercial Real Estate

January 8, 2019January 8, 2019 Amy Karnescommercial real estate, CRE, for lease, for sale, industrial, investment, investments, office, property management, rental property, retail0 comment

So you’re embarking on a journey in commercial real estate investment. Commercial real estate investing can be incredibly rewarding by providing additional income, security, and longevity that are less common in other types of investments. However, whether you’re looking at an office space, industrial location, flex space, or rental property, amongst the varied other commercial real estate properties, it is important to consider a few factors prior to beginning your new journey. Financials It is pivotal to ask yourself, are my financials organized to invest? How much do you want…

Commercial Real Estate 101

These 5 Technologies are Making Property Management Easier

October 9, 2018October 9, 2018 Amy Karneschatbots, CRE, property management, smart technology, technology0 comment

Managing properties used to take a robust staff of dozens of people to collect rent, maintain the grounds, perform repairs and routine maintenance, etc. Current technology has made it so that nearly every single task in property management can be handled through technology, making it much easier to manage properties, engage with tenants, collect rent payments, and secure and retain new tenants. #1: CRE Management Platforms Commercial real estate was late to the game but as of late, there are tech companies catching up with this underrepresented market. It…