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Commercial Real Estate Services | Worldwide

Serving the Columbus Region Since 1971

We are a full service Commercial Real Estate company capable of helping you and your business take control of your real estate needs.

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Sales and Leasing

We have a proven record of successful real estate transactions including the sales and leasing of land, office, retail, and industrial properties throughout Central Ohio and around the world. NAI Ohio Equities is a dedicated team, ready to work for you. We have an in-house marketing team that will assist all sales associates on how to best list your property. Let one of our professionals work with you on listing your property today.

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Tenant Representation

If you are new to the Columbus region, expanding your business, or simply looking for new space, our talented and professional tenant representatives will help you understand the process. NAI Ohio Equities is here to walk you through all aspects of site selection; from discovery and identification phase all the way through the negotiation and signing of your new lease or closing on your new space.

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Property Management

NAI Ohio Equities’ team includes 20 helpful and talented property managers, each hired to make sure your property functions effectively. From snow removal to security to HVAC repairs, our property management experts offer peace of mind that every last concern is being considered, managed, and repaired. We also offer full accounting support tailored to your operation.

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Who Are We?

Our agents have been helping clients find the perfect real estate solutions for all of their business needs since 1971. Our team members are ready and anxious to offer their assistance for whatever you need.

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Market Reports

Office Overview

In the second quarter of 2024 the Columbus office market continues its recovery, and the winners are the Class A office properties that are well located to amenities or have created their own amenity offerings within their building. Class B or C distressed office properties are essentially feeding these Class A winners with tenants who signed leases pre-covid between 2015 and 2019. Many of these Tenant’s leased too much space and settled for a good economic deal on paper, but a bad one when it comes to the actual business environment they are in, which is critical for culture and growth. Efficient and high-quality space in Columbus is no longer a want, it’s a need and the most prepared Landlords are the ones who understand this and can work a deal that satisfies both parties.

Columbus office vacancies are at 9.5% compared to the national average of 13.9%.

The average size of a typical office lease has risen slightly to 3,800 square feet.

The average asking rent is $22.50 gross.

Rent growth is at 2.3% compared to the national average of 0.7%.


“Excessive abated rent and below market lease rates are less prevalent today to acquire significant Tenant Improvement allowances that provide companies with the showpiece offices that are in demand to retain and recruit the best of the best in Columbus and provide a place of business that people want to come to. Many high growth-potential tenants are focused on the years ahead and Landlord’s with larger block space that cannot be demised are working with them through “step-up” schedules in the square footage they pay on in the earlier years of the term. Overall, sophisticated Tenant’s and Landlord’s are finding ways to make deals work for both parties which is reflected in the resiliency of the Columbus office market."
- Andy Dutcher, Executive Vice President

Property Management

Property Management

Professional Property Management is critical to ensuring the longevity and vitality of your commercial real estate investment. At NAI Ohio Equities, we provide active management and integrated resources to preserve and enhance the value of each of your company's real estate assets. We provide a complete and competitive range of property management services for industrial, office, medical, and retail buildings, as well as educational and multi-family properties and home-owner associations.

All NAI Ohio Equities managed assets operate in accordance with our Property Service Standards Program that promotes consistent, high-level operational practices, yet is designed with the flexibility to cater to the unique needs of each property and client.

Case Studies and Testimonials

"Ryan McGreevy very professionally handled the sale of this property and I was very satisfied with his work. I look forward to doing future business together."

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"Each and every prospective deal is always handled in a professional and compelling manner. Furthermore, the attention to detail and analysis provided with each RFP has greatly helped the partners in their decision making."

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"The NAI Ohio Equities Industrial Team has done an excellent job for us. After purchasing Southeast Industrial Park our goal has been to sell the buildings individually. Their team has clearly communicated our objectives to the brokerage community and end users. Through an aggressive marketing effort they have been able to sell 13 of the 18 buildings in the park. We appreciate their determined and honest approach to business."

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"Working with Matt Gregory and Andy Dutcher was fantastic. They were both very energetic and knowledgeable, responding quickly to our various needs and questions. Both are very personable, understood our needs, and strongly supported our effort to start a social enterprise. I would highly recommend them both."

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"Joe Menninger and Philip Bird were a delight to work with. They completely understood our parameters and the necessity to sell our real estate, while continuing to maintain our operations in the space during and after the sale."

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"We have grown significantly in the past few years and had to lease space at three separate locations in order to accomodate the needs of the agency. I was delighted with the personal commitment made by both Peter Merkle and Matt Gregory to find us a property that met all of Alvis House's needs. The time and effort they have put forth has been invaluable."

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Recent News

April Closed Transactions

May 7, 2024

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 Division 1 Roofing in signing a lease at 400 Metro Place Dr. N. in Dublin. This was also the month's highest-value transaction.

The highest-value industrial transaction of the month was completed by Doug Shull who represented the landlord in signing a lease with NPAS Inc. at 2097 London Road in Delaware, Ohio.

View all of our April transactions by clicking below:

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

April 9, 2024

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 can continually reinvest the net proceeds from their assets to trade up into larger investments creating “leverage” and increasing purchasing power. By reinvesting the dollars that would have been used to pay capital gains tax, investors increase purchasing power and subsequently, build wealth. Additionally, this increase in equity can lead to a lower loan-to-value ratio when acquiring a higher-value property. This strategy can be repeated indefinitely and used with other tax strategies to build a portfolio.

Diversification by Market or by Asset Type

Owning too much of a particular asset type or having assets concentrated in a single market can pose a risk. A 1031 exchange can be used to facilitate portfolio diversification. Additionally, suppose a specific asset type is underperforming due to market conditions. In that case, a 1031 exchange can facilitate the acquisition of an asset type that is performing better, or it can be used to purchase an asset in a market that is experiencing growth.

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Knox County Land Bank Partners with NAI Ohio Equities to Help Bring Manufacturing and Jobs Back to Heartland Commerce Park

March 14, 2024

A nearly 200-year-old manufacturing campus in Knox County is once again coming to life five years after the announcement that one of the area’s largest employers, Siemens Energy, would cease operations there.

The 47-acre property which includes 12 buildings totaling 670,000 square feet was acquired by the Knox County Land Reutilization Corporation, also known as the Knox County Land Bank, in 2020 after Siemens decided it no longer wanted to retain the property following the closure.

The property has housed power generation systems manufacturers, from steam engines to jet engines to generators, since 1833. The majority of that time, by the successors of the original occupant, the CE Cooper Co.

The campus, now named Heartland Commerce Park, represents the largest collection of available industrial space within the city, explained Jeff Gottke, president of the Knox County Area Development Foundation and the Knox County Land Bank.

“It’s a homegrown property that the community feels a lot of connection to. Thousands of current Knox County residents have worked on that property or know someone who did,” he said.

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Employment Opportunities

NAI Ohio Equities is hiring. If you are looking for employment with our company and fit the requirements we are looking for, we would love to meet you. Please review any job openings below, and if interested, please click on the listings to view more information and apply. Thanks!