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July Closed Transactions

July was a strong month for our brokerage with 18 closed transactions totaling 328,288 square feet – six of which were multimillion-dollar transactions. Once again, the Office Brokerage Group of Matt Gregory, SIOR, CCIM, Andy Dutcher, SIOR and Philip Bird, SIOR had the largest transaction of the month with the sale of 400 E. Campus View for $7.5 million. The 12-acre site, which is home to an obsolete one-story office building in the Crosswoods neighborhood of Worthington, was sold to Champion Cos. for redevelopment. Champion Cos. will build 395 units…

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June Closed Transactions

June transactions remained steady with our brokerage department closing 17 transactions equating to more than 202,000 square feet. For the third consecutive month, the Office Brokerage Group of Matt Gregory, Andy Dutcher, and Philip Bird had the largest overall transaction for the month. The team represented the tenant in signing the lease for Suite 300 at 2500 Farmers Drive, an 11,939-square-foot office suite. Overall, 52% of the month’s transactions were office sales or leases. The Industrial Property Team of Curt Berlin, Matt Osowski and Blake DeCrane represented the tenant in…

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What You Need to Know About Starting a Career in Commercial Real Estate

So, you’re interested in a career in commercial real estate but want to learn more about what it’s like and how to get started. You’re in the right place. What Does a Commercial Real Estate Agent Do? As a commercial real estate agent your job is to assist clients in buying, leasing, or selling commercial properties which can include office, industrial, retail, and multifamily properties. Each of these product types can become even more specialized, but generally, these encompass the main market segments. The depth of broker specialization is largely…

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May Closed Transactions

May brought a slight uptick in activity over the prior month with our brokerage department completing 20 transactions equating to more than 159,000 square feet. The Office Brokerage Group of Matt Gregory, Andy Dutcher and Philip Bird had the largest transaction of the month with the sale of 5051 Forest Drive, an 8,650-square-foot freestanding medical office condo in New Albany. Office transactions accounted for 38% of the month’s closed transactions, indicating that there is a demand for the right size and type of office space. Industrial transactions, however, remain the…

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NAI Ohio Equities Wins Seven Awards During Columbus REALTORS® Commercial Recognition Awards

Three NAI Ohio Equities’ teams won big during the 2022 Commercial Recognition Awards hosted by Columbus REALTORS® on May 16, 2023. Overall, seven awards were taken home by the Office Brokerage Group, the Industrial Property Team, and the Sheeran Semon Team. In 2022, these three teams alone completed 200 transactions equating to more than 3.7 million square feet. Our brokers are proud to earn this recognition and to be members of both Columbus REALTORS® and the Central Ohio Commercial Information Exchange (COCIE) which signifies our commitment to the Columbus real…

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April Closed Transactions

Our brokerage department completed 17 transactions in April with 47% of them being multimillion-dollar deals. Overall, the brokerage department sold or leased more than 594,000 square feet. The month’s largest transaction was a lease completed by the Office Brokerage Group of Matt Gregory, Andy Dutcher, and Philip Bird at 121 W. Wilson Bridge Road. The team completed nearly half of all closed transactions for the month. John Mally successfully closed the second largest transaction of the month with the sale of 1803 Hazelton Etna Rd. in Pataskala, a dairy farm…

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March Closed Transactions

Transactions in our brokerage department gained momentum during March. Overall, our brokers closed 24 transactions equating to more than 167,621 square feet. Industrial transactions again led the month and made up roughly 42% of overall transaction volume, followed by office transactions which equated to 29% of overall transaction volume. Our overall largest transaction of the month was a retail transaction. The team of Dan Sheeran Sr., Dan Sheeran Jr., and Mike Semon represented the buyer at 1149 S. Hamilton Road which was purchased for $1,365,000. The Sheeran Semon Team also…

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February Closed Transactions

February was a big month for large transactions at NAI Ohio Equities. Of the month’s 15 closed transactions, 90% of transaction revenue stemmed from four deals. Overall, our brokerage department closed on more than 680,000 square feet and 93 acres with the majority of transactions being industrial or office sales or leases. The team of Curt Berlin, Matt Osowski and Blake DeCrane represented the tenant on the month’s largest transaction. Inno-Pak, which announced last August that it would relocate from the 54,000-square-foot facility it has occupied since 2006 and expand…

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Matt Gregory and Andy Dutcher Recognized as Top 100 Producers by NAI Global

NAI Global announced last week that NAI Ohio Equities’ Matt Gregory and Andy Dutcher have been recognized through its annual Top Performer Recognition Program. Gregory and Dutcher each earned a spot on the 2022 Top 100 Producers list consisting of the top 2% of all agents within the 375 NAI offices worldwide and has an estimated 6000 agents. Gregory and Dutcher lead the Office Brokerage Group within NAI Ohio Equities. They have completed more than 1,000 real estate transactions with a volume of more than $715 million since becoming business…

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Businesses Should Prepare Now for June Electric Rate Hikes

Pressures on the energy market have been mounting and soon consumers will be faced with the fallout. The combination of the pandemic causing workplaces to go dark thus lessoning demand and production, followed by labor and supply shortages, a diminished natural gas supply caused by the invasion of Ukraine, and now inflation, have pushed energy markets to the brink. Couple that with the rising value of exported liquified natural gas overseas, which is driving producers to move more of their supply to Europe where the commodity commands pricing nearly five…

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