News 

May Closed Transactions

Activity increased in May with our brokerage completing 20 transactions. This past month, industrial and office transactions dominated, accounting for roughly 90% of the month’s activity. The highest-value transaction of the month was an industrial lease at 3495 Gantz Road in Grove City. The team of Curt Berlin, SIOR, Blake DeCrane and Matt Osowski, SIOR, represented the tenant, FST Logistics, in signing the lease for the 263,219-square-foot space. FST also worked with the team to expand its office space at 5025 Bradenton, adding 5,580 square feet. The Office Brokerage Group…

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News 

April Closed Transactions

This month, NAI Ohio Equities closed 11 deals, with an uptick in the number of retail transactions this month. Chad Boggs had the highest-value retail transaction of the month. He represented Pitabilities in signing a lease for its first brick-and-mortar location at 2167 Stringtown Road in Grove City. The deal was completed all in-house with Bob Monahan representing the landlord. Office deals accounted for roughly one-third of transaction activity. Mitchell Moore was the lead agent and worked alongside the team of Philip Bird, Matt Gregory, and Andy Dutcher to represent…

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News 

How Leveraging a 1031 Exchange Strategy Can Help You Achieve Your Commercial Real Estate Goals

A 1031 exchange is a real estate investment tool that allows investors to exchange an investment property for another “like-kind” property while deferring capital gains tax on the profit from the sale. As a commercial real estate investor, you’re probably familiar with the concept of a 1031 exchange, but do you fully understand how this tax benefit can be utilized as a tool to achieve other goals? In this article, learn more about the many strategies that leverage this powerful tool. Build a Portfolio/Leverage Up With a 1031 exchange, investors…

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News 

March Closed Transactions

March was another active month for our brokerage, which included several notable deals. Overall, we closed 18 transactions equating to nearly 200,000 square feet. Mike Simpson closed the highest-value transaction of the month. He partnered with Skip Weiler of Robert Weiler Co. to represent Capital University in the sale of Trinity Lutheran Seminary Apartments to Continental Real Estate Cos. The developer plans to transform the property by building a $77 million mixed-use development at 2160-2184 E. Main St. in Bexley. Simpson also worked with Andrew Green to sell 741 E.…

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News 

February Closed Transactions

The pace for February remained constant with our brokerage closing 18 transactions equating to more than 136,000 square feet. Joe Menninger represented the buyer in our largest transaction of the month. His client, an investor, purchased an industrial warehouse at 2580 Harrison Road with tenant, Synagro, in place. Overall, roughly 30% of the month’s transactions were industrial. The Office Brokerage Group of Matt Gregory, Andy Dutcher and Philip Bird represented Healthcare Realty Trust in adding a new tenant, Hypertension Nephrology Consultants, Inc., to the medical office building at 500 E.…

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News 

January Closed Transactions

Despite January typically being one of the slower months, our brokerage remained active, closing 20 transactions equating to more than 228,000 square feet. The Office Brokerage Group of Matt Gregory, Andy Dutcher and Philip Bird closed more than one-third of the month’s transactions. The team also closed the largest transaction of the month and represented the landlord, Healthcare Realty Trust in a renewal at 85 McNaughten Rd., with Mount Carmel Health Systems. MCHS occupies roughly 35,000 square feet of the eastside medical building. Overall, half of the month’s transactions were…

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News 

December Closed Transactions

The pace of transactions for December remained constant as the year came to an end. Overall, our brokerage closed 20 transactions equating to more than 112,000 square feet. The largest transaction of the month was the sale of 33 N. Grubb Street by the Office Brokerage Group of Matt Gregory, Andy Dutcher, and Philip Bird along with Mitchell Moore. The 25,610-square-foot building which was the headquarters of the nonprofit, Home for Families, was purchased by The Lincoln Center for Family and Youth. Home for Families will continue to operate its…

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News 

November Closed Transactions

Our brokerage gained momentum in November closing 21 transactions equating to more than 1 million square feet, and of which one-third were million-dollar deals. Ryan McGreevy had the largest deal of the month. He represented the buyer, StarCharge, which purchased 425 and 535 Enterprise Drive in Lewis Center. StarCharge will use the facility to manufacture new energy solutions such as EV charging solutions. The Industrial Property Team of Curt Berlin, SIOR, Matt Osowski, SIOR, and Blake DeCrane partnered with Tim Kilkelly, SIOR of Foundry Commercial Real Estate to represent the…

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News 

October Closed Transactions

While volume remained steady with 17 closed transactions for October equating to more than 420,000 square feet, we had an exceptional month in terms of the size and significance of the transactions that were closed. The Sheeran-Semon Team of Dan Sheeran Sr., Dan Sheeran Jr., and Mike Semon had both of the largest transactions of the month with a lease signed by TP Mechanical Contractors at 1675 Watkins Road. TP Mechanical will use the 290,573-square-foot space for fabrication and distribution. Reading Rock signed a lease at 2646 Morse Road. Cincinnati-based…

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Commercial Real Estate 101 

Navigating the Commercial Inspection Process

Commercial inspections may seem like a mundane detail in the process of buying a property, but they are an extremely valuable and important tool in gauging your risk when making a purchase. At first glance, it may seem as if all commercial property inspectors are the same, but we spoke to the experts and discovered that commercial inspections are affected by several factors and criteria that impact the value you receive from them. From how to choose a commercial inspector to what you should expect, this is what you need…

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