Commercial Real Estate 101 

3 Reasons 2020 is Great for Multifamily Investing

Amy Karnes, , , , , , ,

At a time when many of CRE’s sectors are taking hits from all sides, 2020 is going to be a strong year for investment in multifamily. We’re already approaching Fall, and despite all the external turbulence, multifamily investment has been standing its ground – and doing considerably well. We’ve seen a pandemic, a nationwide market closure, and a global disruption to business – and even so, the multifamily outlook has remained strong. Multifamily investing provides a strong and stable outlook this year and beyond. Here’s why 2020 is a offers…

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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 

What Does Office Lease Renewal Look Like Right Now?

Amy Karnes, , , , , , , , ,

As WFH continues to dominate today’s business scene, offices are facing many unprecedented challenges. Teams are teleworking, the office space is snoozing, and even after two months, there’s no official word yet on when things will be back to ‘normal’. With uncertainty on the radar and no clear end to COVID-19 in sight, office lease renewals will definitely pose a challenge for many landlords and property owners. Let’s take a deeper look at the details to gauge exactly what the industry is dealing with: Tenant Troubles A real estate field…

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Commercial Real Estate 101 

How is Supply Chain Disruption Impacting Industrial CRE?

Amy Karnes, , , , , , , , ,

What hasn’t COVID disrupted? At this point, the shocking headlines exploring the ways the coronavirus is impacting the world has become the ‘new normal.’ It’s clear that the virus has made waves everywhere, but the one thing everyone is keeping an eye on is the industrial sector. The warehousing business has been actualizing all of e-commerce’s promises, adapting to every new trend, and being increasingly flexible along the way. But, the already busy world of industrial kicked up yet again when COVID-19 cropped up. The virus immediately caused discrepancies in…

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Commercial Real Estate 101 

Looking to Invest? Terminology 101

Amy Karnes, , , , , , , ,

Are you new to Commercial Real Estate, or have you never known what any of the following terms mean? Here we give you a quick breakdown of common terminology found in the world of CRE (commercial real estate): Build Out: The construction or improvements of the interior space, including flooring, walls, finished plumbing, electrical work, etc. Capitalization Rate (Cap Rate): The value given to the property when the Net Operating Income (NOI) is divided by the current market value or sales price. A cap rate can be used as a…

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