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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Trending
What Does the Smart City Mean For Our Future?
The Smart city market is projected to reach $400 billion by 2020. The type of data analysis that is made possible through Smart cities will become invaluable for identifying prospective investments, new or re-development, attracting tenants, and building better infrastructure.
One tech leader, Cisco, is pouring hundreds of millions of dollars into Smart city projects all over the world including in San Jose and Chicago. Electricity giant GE (General Electric) has joined with city governments in San Diego, CA and Jacksonville, FL to test pilot Smart cities there. Will this trend continue and what do these Smart city projects mean for our future?
Expect the Smart City Trend to Continue to Grow
Experts predict that Smart cities will become a nearly half a trillion dollar industry in less than two years. There are plans to unveil about 600 Smart cities globally over these next two years. In less than a decade Smart cities are estimated to account for 60% of the global GDP from these 600 cities alone.
Mobile Devices Will Connect People, Buildings, and Cities Together
In the future, All CRE properties will have to be built to connect with both people and the city itself. Real-time data will be essential in site planning, development, investment, and leasing. Being able to connect to a wide range of devices and technologies that are continuing to evolve and change will be an ongoing challenge for everyone in CRE.
Reasons Smart Cities are a Win-Win-Win
Our future is going to be vastly more tech enhanced than it is right now – amazing when you consider how tech enhanced everything already is. But what Smart cities are expected to do is go beyond providing more convenience to citizens and consumers. They are going to be more efficient, use less energy, and control everything from street lights to the city’s Smart electrical grid.
Imagine a bus stop that tells you when the next bus is coming in real-time and will re-route you automatically without you interacting at all. Your mobile device will announce it like the weather when you pass a bus stop’s beacons and sensors.
No longer will pedestrians have to stand and wait for five minutes to cross a busy street. Sensors will detect pedestrians and will change traffic lights in real-time for optimal traffic flow. Uber apps will send driverless cars when you step into an Uber pickup zone with your mobile device – all because of beacons and sensors in street lights, traffic lights, crosswalks, and city cameras.
What Smart Cities Mean for the Future of CRE
Predictive analysis today is child’s play compared to what we expect in the future. Imagine how much useful data will be collected when Smart cities are also filled with Smart buildings that can communicate with city assets as well as consumers, employees, and citizens.
When it comes to site planning, the types of real-time and historic data that can be collected based on actual foot traffic over long periods of time will be insanely invaluable in the future. Seattle is already a Smart city and is experimenting with and testing new ways of interacting with its citizens through Smart technology to make life better.
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 decreased in the second quarter of 2018 to 3.5% from 3.7% in the first quarter of 2018.
Tenants moving in and out of space included Kroger moving out of 67,375 SF at 2831 Olentangy River Road and 59,974 SF at 3349 Cleveland Ave and Columbus Appliance and Parts moving out of 54,540 SF at 3131 S. Hamilton Road. Fast Track It moving into 55,000 SF at 5865 Chantry Dr., Big Lots moving into 36,052 SF at East Pointe and Front Room moving into 33,000 SF at 1640 N. 21st St.
The retail rental rate was $12.65 per square foot per year at the end of the second quarter of 2018, representing a 2.3% increase from the end of the first quarter of 2018.
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
How Will Rental Transportation Impact Our Cities?
August 28, 2018
With the recent explosion of scooter companies coming into Columbus, we are left questioning how these rental companies will impact our cities for years to come.
You’re not just seeing things – rental transportation is becoming ever more of a popular thing by the day, particularly in larger metropolitan areas. Just as much as they are getting big, they’re also becoming controversial, with some cities fighting back with claims that these scooters clutter the community and are not tightly regulated enough. They’re everywhere, officials say. They’re convenient, claim the companies, in places where parking is a bear and even public transport can be challenging.
So where to from here? How will the advent of rental transportation impact our cities going forward?
Four Things to Look for When Hiring a Commercial Brokerage
August 7, 2018
Starting the business was the hard part. Now you are looking for space but how do you find the right commercial building? You need a good commercial real estate brokerage but each brokerage and broker is different. How do you choose the one that’s right for you? Here are 4 things to look for:
#1: A broker that specializes in the type of commercial property that you need.
One of the first things you’ll come up against when you start looking for commercial property is zoning. You may think that your office building could fit perfectly in a vacant restaurant or retail shop but is it zoned for that? Businesses that will use a building for industrial use have to find a property that is zoned for industrial use just like any other type of commercial business.
5 Reasons to View Flexible Space as an Amenity to Attract Tenants
July 31, 2018
WeWork started the concept but it has only grown and expanded from there. The co-working or flex space model which began in NYC is fast becoming the new Uber of commercial office space. With large corporations abandoning the traditional work model for more flex space, it is changing how landlords attract and retain tenants.
Recently, landlords are discovering that they can use their building’s flex space as an amenity to attract tenants. Flex space isn’t just a coworking hub: it is bookable meeting space, conference rooms, event space, and multimedia rooms. Tenants are also demanding more from flex space operators. Here are 5 reasons why landlords should view flexible space as an amenity for their tenants.
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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!