Tag: nai ohio equities

News 

June Transactions

Amy Karnes, , , , , , , , , , ,

NAI Ohio Equities closed over 19 transactions during the month of June, including large office sales and leases. Some of the larger transactions included an entirely in-house deal at 707 Park Meadow Road in Westerville. The owner was represented by the Office Brokerage Group of Andy Dutcher, Matt Gregory, and Philip Bird and the buyer was represented by the Capital City Team of Mark Francescon and Joe Menninger. The building sold for $1,800,000. To download our entire report, please click Here.

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News 

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

Amy Karnes, , , , , , ,

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 

4 Ways that Driverless Cars Could Impact the CRE Industry

Amy Karnes, , , ,

Companies ranging from the big automakers in Detroit to tech firms in Silicon Valley are pouring research dollars into driverless cars, and this development is projected to completely change the future of commercial real estate. This transition creates opportunities for new investment as well as challenges for existing properties. Demand for parking The biggest effect of driverless cars will be a reduction in demand for parking. As cars become fully autonomous, passengers can be dropped off at their final destination and continue to pick up other passengers or park themselves…

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Commercial Real Estate 101 

Three Unique Challenges During a Good Industrial Market

Amy Karnes, , , , , , , ,

This is a re-post from our Industrial Property Team blog. You can find the original post here. Today’s heated market for industrial real estate has been great. However, it has created its own set of challenges that can lead to indecision and frustration for all parties involved. Let’s look at three scenarios where we see this happening. Lack of Options for Buyers/Tenants: Historically, when brokers did a property search there were numerous buildings available that would fit the requirement. With a large number of options available, the Client would feel…

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News 

NAI Ohio Equities Completes Sale of 555 Yearling

Amy Karnes, , ,

Hackman Capital Partners LLC and NAI Ohio Equities announced today the recent sale of 555 Yearling Road to Oklahoma-based WCOL, LLC for $3,517,900. The free-standing, 164,450-square-foot building, sold by a Hackman Capital affiliate, is situated across the street from The Columbus International Air Center Complex and just south of the Port Columbus International Airport.  The building is 100% occupied by Ryerson, one of the largest metal distributors in the industry. Ryerson will remain at the property. “This is a uniquely robust, crane-served industrial building. We’re thrilled the investment was a…

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News 

NAI Ohio Equities agent Matt Osowski earns SIOR designation

Andrew Schnitkey, , ,

NAI Ohio Equities is Please to Announce the Newest SIOR in our Office, Matthew Osowski NAI Ohio Equities, a member of the world’s premier managed network of commercial real estate firms, is proud to announce that Matthew Osowski received his SIOR designation. The SOIR designation is a professional achievement for highly qualified commercial real estate practitioners with a strong transactional history in brokerage, fee-based services, or executive management. SOIR Designees are specialists in industrial and office markets, transactional closers, top producing professionals and the best of the best. “We are…

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News 

Northwoods II office building changes ownership; NAI Ohio Equities retains leasing

Andrew Schnitkey, , , , , ,

Ownership at the Northwoods II Office, located at 8101 North High Street has changed to the PNL Companies. PNL focuses on identifying and maximizing value in commercial real estate throughout the United States and was attracted to Northwoods II due to its timeless architecture and the resurgent Worthington office submarket. The company closed on the acquisition on August 3, 2016. PNL is planning an immediate investment of over $1 million in building upgrades and renovations, including roof, HVAC, LED lighting, parking lot and modernization of the restrooms and main lobby…

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Market Reports 

NAI Ohio Equities 2nd Quarter 2016 Market Reports

Andrew Schnitkey, , , , ,

Overall, the Columbus Region continues to be vibrant and healthy. Rental rates continue to inch up in favor of landlords, resulting in new construction – 500,000 square feet in the office sector; 4,000,000 square feet in industrial; and 1,400,000 square feet in retail. Though is it good news that our market is healthy, shrinking vacancy and rising rental rates is resulting in greater leverage for landlords when negotiating new leases.download movie Hardcore Henry 2015 now For tenants seeking new space for lease, never has it been more important to partner…

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News 

NAI Ohio Equities’ Participates in KickButtColumbus 2016

Andrew Schnitkey, , , , , ,

KickButtColumbus held their 8th Annual Columbus Clean-Up Event this past weekend with 40 teams participating. The teams focused on cleaning up 148 ramp areas at 39 interchange locations along I-70; I-71; I-670; I-270; and SR-104. Each team was committed to making a big difference in the gateway areas to Columbus neighborhoods. Here are the numbers:trailer film Zootopia 757 bags containing trash/litter were collected from the ramps equalling 22,710 lbs. (11 tons) Two 30-yard roll-off dumpsters were filled to the top with the collection of bags and debris from the ramps 1,290 bags of recyclables…

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