Tag: property

self storage units Commercial Real Estate 101 

Looking for an Investment Property? Self-Storage May Offer a Unique Opportunity

Alexa Broyles, , , , , , , , , , , , , , ,

September commercial real estate transactions remained steady and accounted for roughly 325,000 sq. ft. in sold or leased, office, investment, industrial, and retail properties in our office. One of our largest sales was 485 Lee Street in Belpre, Ohio. The self-storage facility featured nearly 78,000 sq. ft. of rentable space and an astounding 465 units. Self-storage continues to be a desired investment sector, and has gained significant interest recently for several reasons. To begin, explained Investment Team Broker, Tyler Watkins, self-storage properties tend to be easier to manage and have…

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Commercial Real Estate 101 

5 Things to Know About Opportunity Zones Right Now

Amy Karnes, , , , ,

The coronavirus pandemic has undoubtedly shaken up every market in the country. While all eyes are on Class A cities to see how the very best in the game are faring during these times, other locations aren’t getting much consideration. In the middle of all of this market-madness, how are opportunity zones doing right now? Opportunity Zones 101 Opportunity zones are officially defined as “economically-distressed communities where new investments, under certain conditions, may be eligible for preferential tax treatment.” This system was introduced with the 2018 Tax Cuts and Jobs…

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August 2020 Transactions News 

Want to Know What Properties Sold or Leased in August?

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

Our office closed on over 20 properties during the month of (normally slow) August. Some of our larger transactions included the sale of office buildings and industrial leases. Let us know how we can help you buy, sell, or lease commercial property in Central Ohio!

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Commercial Real Estate 101 

4 Unique Ways Small Businesses Have Pivoted

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

Small businesses have put up quite a fight over these past few months. While the pandemic acted as a major disruptor for every industry, small and local businesses took an especially hard hit. The pandemic threatened all things ‘business as usual’, making it imperative for small businesses to rethink their operational strategies from top to bottom. In the midst of these ‘new normals’ for small businesses, the industry has seen some truly ingenious survival tactics take form. Here are some of the most unique ways that we’ve seen businesses stay…

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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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