Commercial Real Estate 101 

5 Things to Consider When Selecting a Warehouse

There are so many important factors that should be considered when searching for warehouse space. Your business will have unique warehousing needs and it can sometimes be daunting to sift through all the industrial lingo and sales pitches just to find the right space for your business. Here are five things you should consider when selecting a warehouse. How Old is the Warehouse? The secret to a quality warehouse is finding one that balances both old and new features. The ideal warehouse space will have weathered a good amount of…

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Commercial Real Estate 101 

Four Things to Look for When Hiring a Commercial Brokerage

Starting the business was the hard part. Now you are looking for space but how do you find the right commercial building? You need a good commercial real estate brokerage but each brokerage and broker is different. How do you choose the one that’s right for you? Here are 4 things to look for:   #1: A broker that specializes in the type of commercial property that you need.   One of the first things you’ll come up against when you start looking for commercial property is zoning. You may…

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Commercial Real Estate 101 

Amazon Isn’t Just Online: Three Ways It’s Impacting Physical CRE

It’s no secret that Amazon is the world’s largest online retailer. And, as such, the online behemoth has significantly and forever impacted the ways that we, as consumers, buy and sell goods throughout the United States. Their massive success has driven many retailers into a panicked frenzy, trying to come up with some way to keep up with or even compete with Amazon. However, most retailers have resorted to adopting a similar (if not smaller scale) eCommerce model. In fact, the online retailer is so ubiquitous that this shift in…

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News 

John Mally and Jim Merkel Win at the Columbus Realtors Commercial Award Night

Two agents at NAI Ohio Equities were awarded during the Columbus Realtors Commercial Brokerage Awards dinner on March 8th, 2018. Jim Merkel, SIOR, CCIM received the 2017 Erika Blumenstein Memorial Award and John Mally received an award for Most Unique Commercial Transaction. Jim received the award for his professionalism and outstanding commitment to the commercial real estate industry and to the Central Ohio community. Jim has been in the real estate industry for over 45 years and specializes in office, industrial and investment brokerage. He provides value-add, comprehensive real estate services…

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Commercial Real Estate 101 

Shopping Malls Turned Warehouse? CRE Might be onto Something

Over the course of the next few years, nearly 30% of all American malls are expected to close their doors and focus more heavily on online sales. It’s no big surprise that with the rise of offline to online shopping increasing at a fast pace, retailers are focusing their efforts on e-commerce business rather than the physical shopping experience. What’s to come of these empty shopping malls? New space for warehouses to launch e-commerce facilities. More shopping center and mall spaces are being repurposed for industrial distribution as e-commerce begins…

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News 

Fortner Fine Furnishings Consolidates Furniture and Upholstery Business to 2000 S. High St.

The historic Seagraves Fire Truck Manufacturing Facility, most recently Jet Container on the south side of Columbus has been sold to Fortner Fine Furnishings. The 230,000 SF space located at 2000-2050 S. High Street will include 25,000 SF for upholstery and restoration and another 25,000 SF for custom furniture and carpentry.   “My grandfather worked as an upholstery on the South Side of Columbus, so in a sense it is us coming back to our roots,” said Justin McAllister, President of Fortner Fine Furnishings.   Fortner purchased the building after…

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