Looking to Invest? Terminology 101

May 19, 2020June 1, 2020 Amy Karnescap rate, columbus, commercial real estate, CRE, lease, net lease, sale, tenant improvements, terminology

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…

November Transactions

December 3, 2019December 3, 2019 Amy Karnescommercial real estate, industrial, land, lease, leased, multi-family, office, properties, retail, sale, sold0 comment

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!