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.
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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4 Ways That Driverless Cars Could Impact the CRE Industry
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 in outlying areas. The reduction in parking demand will affect both central business district properties as well as residential. This will create opportunities for existing properties with a surplus of parking availability, as the existing parking can be converted to productive use such as expanding retail spaces or adding residential units.
The biggest challenge will be for parking lots in downtown areas. As cars can spend less time parked, the demand for expensive parking located near downtown could fall dramatically.
Mixed-Use Retail
The change in parking needs will fuel a continuation of the trend of mixed-use retail developments. With little need for parking, it becomes easier for visitors to visit, driving up foot traffic. With a mixed-use development, visitors can be dropped off directly to their destination and have an opportunity to explore an environment developed to encourage walking. Retail and entertainment establishments benefit from the increased number of people in the development and the development does not have to plan around direct access from the street to parking availability.
Street Frontage Demand
The new development will be built with increased density and more street frontage. Currently, a design has to accommodate easy access from the street to the parking area. This restriction reduces access and visibility from the street and reduces the area available for productive use. New developments can be designed around a small area for loading and unloading passengers with the prime space available closest to the designated drop off spots.
A reduced need for parking and the surrounding infrastructure will allow buildings to be located closer to each other, increasing pedestrian traffic between neighboring developments. No longer will visitors need to traverse parking lots to move between properties.
Impacting Hotel Placement
One area sure to see challenges is the hotel industry. A network of hotels and motels have been developed near highway interchanges to provide accommodations to long-distance travelers. However, as travelers will have the opportunity to relax and even sleep as they cruise down the highways, demand in these locations will drop even as the demand closer to city centers stays strong without the requirement to pay for parking. Hotels outside city centers will need to find ways to draw visitors to replace this drop in number. Options include adding novelty attractions or unique dining options. After all, travelers will still need to stop for food!
Driverless cars present a definite opportunity but high risk for projects currently in development. No one is quite sure how changes in commercial real estate will shake out, but those who guess right stand to earn high returns on their investment.
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
Landlords are pushing rates because of the lack of inventory available. We also have seen an increase in the number of institutional investors targeting Central Ohio.
The indutrial rental rate was $3.97 per square foot per year at the end of Q1 2018 representing a 1.5% increase from the end of the fourth quarter of 2017.
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
Sustainability and CRE: 4 Things to Keep Your Eye On
May 23, 2018
When asked about sustainability, most people immediately think of energy consumption and savings. However, energy is just one small component of sustainability. Sustainability is an overarching spectrum — and while it’s true that focusing on the regulation of energy is a necessary piece of the puzzle, as it impacts the overall operating cost on a daily basis, it’s important to remember to pay attention to the other pieces, as well.
Let’s take a closer look at sustainability as it pertains to CRE and these 4 trends to keep your eye on.
Amazon Isn’t Just Online: Three Ways It’s Impacting Physical CRE
May 8, 2018
It’s no secret that Amazon is the world’s largest online retailer. And, as such, the online behemoth has significantly and forever impacted the ways that we, as consumers, buy and sell goods throughout the United States. Their massive success has driven many retailers into a panicked frenzy, trying to come up with some way to keep up with or even compete with Amazon. However, most retailers have resorted to adopting a similar (if not smaller scale) eCommerce model. In fact, the online retailer is so ubiquitous that this shift in commerce has been dubbed “The Amazon Effect.”
However, Amazon is more than just an online retailer with crazy fast shipping times. Here are 3 ways the company is impacting physical CRE, as well…
Matt Gregory, SIOR Receives CCIM Designation
April 13, 2018
NAI Ohio Equities, a member of the world’s premier managed network of commercial real estate firms is proud to announce that Matt Gregory has been awarded the Certified Commercial Investment Member (CCIM) designation by CCIM Institute. The designation was awarded during CCIM Institute’s annual governance meetings in Tampa.
Matt was among the 172 commercial real estate professionals who earned the designation by passing the CCIM Institute’s Comprehensive Examination, the final element in the designation process.
“We are proud of our agents for understanding the importance of furthering their education and learning within CCIM. This designation creates more value for our clients seeking to buy or sell income-producing properties,” explained Michael Simpson, President of NAI Ohio Equities.
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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!