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.
NAI Ohio Equities COVID-19 Update
March 24, 2020
NAI Ohio Equities is actively monitoring the novel coronavirus “COVID-19” outbreak.
As an essential business, we will remain open.
As COVID-19 continues to expand in the U.S., NAI Ohio Equities has undertaken several steps to keep our employees and agents safe and to continue to meet the needs of our clients, vendors, and customers during this unprecedented global health emergency.
Our office is working on an adjusted schedule, with many teleworking or coming in for limited hours. We will continue providing excellent service for our clients.
- BROKERAGE: Our agents will continue to actively market our listings and provide our clients and customers with updates on the market and activity. The Brokerage division, including our marketing department, is working on an adjusted office schedule.
- PROPERTY MANAGEMENT: Our Property Management team will continue to manage our client’s property and provide exceptional service for our building owners and tenants during this uncertain time. Mission critical employees will be available to service our clients and tenants needs throughout this national crisis.
Our first priority is the health and safety of our employees and agents. We encourage them and all our friends to follow the recommendations of the Center for Disease Control at www.cdc.gov
Thank you to all our clients, vendors, customers, and friends. It has been our pleasure to work with you over the past 48 years. We believe that the steps that we and our fellow citizens are taking will help us get through this unprecedented national emergency the best way we can. We wish you, your families, and friends well and look forward to continuing our relationships during the remainder of this crisis and into the future.
As an essential business, our office will remain operational. We will have limited visitor traffic during this time. Please call us at 614-224-2400 before arriving.
For those that drop off condo fee payments, please consider mailing your check to:
Katrina Lampinen or Marla McGraw
NAI Ohio Equities
605 S. Front Street, Suite 200
Columbus, Ohio 43215
Thank you for your continued support during this time.
Michael Simpson, President
614-629-5257
msimpson@ohioequities.com
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.
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.
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.
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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Featured Listings
Office Listings
NAI Ohio Equities offers a wide variety of services for office users and investors alike. Our professional staff currently tracks almost 32,000,000 square feet of office space throughout the Central Ohio area. With over 40 years of professional market experience, our staff of accredited professionals offers each of our clients the home-field advantage. We live and work in the Central Ohio area, and we distinctly know the properties, the codes and ordinances, the people and business climate.
Industrial Listings
NAI Ohio Equities provides the resources necessary to successfully complete even the most complex transactions. Our services reach throughout the Columbus metropolitan region and the world. While tracking more than 268,000,000 square feet of Industrial space NAI Ohio Equities is able to find not only the best fit, but also the best value for its clients. Industrial clientele include privately owned companies, national and international corporations, institutional owners, private investors and national developers.
Retail Listings
Finding the right location for a retail venture is one of the most challenging tasks in today's competitive market. It takes knowledge about your client - a complete understanding of the products, services, target markets and competition. It also takes knowledge and insights into the retail real estate market - knowing the available locations and sites, knowing what's happening in the marketplace today and what is expected tomorrow. NAI Ohio Equities works with developers and retail property owners, helping successfully position their properties in the retail market and developing a comprehensive marketing strategy to attain the highest occupancy.
Market Reports
Columbus’ retail vacancy rate increased in the fourth quarter up to 3.3% from 3.1% in the third quarter of 2019.
Over -43,344 SF has been absorbed over the past quarter, sending vacancies close to record lows.
The retail rental rate was $15.74 per square foot per year at the end of the fourth quarter, representing a 1% increase from the end of the third quarter of 2019.
There are 501,961 SF of retail projects currently under construction.
"The Columbus retail market’s vacancies are near historic lows by keeping new construction down, resulting in steady rent gains." - Mike Simpson, President
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."
"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."
"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."
"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."
"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."
"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."
Recent News
NAI Ohio Equities’ Virtual Marketing Techniques
March 31, 2020
As our team took steps to quickly and efficiently create and promote a Work From Home atmosphere over the past two weeks, we have also brainstormed new ways to show and close properties from afar. Here are three ways in which NAI Ohio Equities is helping you during the COVID-19 pandemic:
Virtual Tours:
Our team has the ability to create virtual walk-throughs of buildings via videographers and drones. Alternatively, our agents are able to go to properties and video chat with you to “walk” you through properties.Remote Online Notary (RON):
We recently purchased a SIGNiX program to allow our staff to remotely notarize lease paperwork. With remote notarization, a signer personally appears before the Notary at the time of the notarization using audio-visual technology over the internet instead of being physically present in the same room. Remote online notarization is also called webcam notarization, online notarization or virtual notarization.Helpful Resources for Businesses Impacted by COVID-19
March 27, 2020
To Our Clients, Partners and Friends,
We are writing with updates as circumstances change, we learn more, and there is further clarity from various stakeholders. We contacted a number of leaders of lending institutions in the Central Ohio market to understand how their institutions are addressing the fallout for landlords and tenants. We spoke with compliance executives to gauge the environment and guidance they are receiving from regulators. The general consensus is that lenders and regulators are collaborating, recognizing that we are all in this mess together.
Regulators have been forward-thinking, proactive, and flexible in encouraging lenders to work through this unprecedented event. For property owners that are in good standing, many lenders are offering 60 to 90-day deferments on mortgage payments when requested by the borrower. The 60 to 90-day deferment would likely be added on to the length of the loan, and no payments will be due until the 60 to 90-day period has passed. We are told that this can be initiated with a phone call to the borrower’s primary contact.
Two Reasons Why Information Technology is Changing CRE Leasing/Sales
March 5, 2020
The commercial real estate business is not what it used to be.
Today, the modern CRE industry is being shaped by advances in cutting-edge technologies. While nearly all of today’s top tech innovations are making their way into the commercial real estate module, information technology is making the biggest impact.
Information technology is changing the way that business gets done. It’s transforming the entire leasing and sales process and therefore the entire commercial real estate business altogether.
Here’s what you need to know about information technology and why it’s having such a strong effect on contemporary CRE.
Knowledge is Power, and Information is GoldCommercial real estate is a business that’s all about analytics. The more data a CRE company has, the more they’re able to understand their market, the better they’re able to strategize their plans, the more leads they attract – the cycle goes on.
The one with the most insights can inevitably leverage their position in the CRE market and optimize their business strategies to take advantage of everything that they know. In a complex and competitive industry like CRE, information is the most valuable commodity available.
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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!