Commercial Real Estate 101 

Thinking About Investing in an Opportunity Zone? Consider This First

Opportunity Zones is a new buzzworthy concept that has investors’ interest piqued. Areas of the country that have been left behind after the Great Recession have been deemed Opportunity Zones and are now getting a refresh with private capital and development. Now that we have established what Opportunity Zones are, what makes them so attractive to investors? Investing in Opportunity Zones offers federal tax incentives for realizing the capital gains into the opportunity funds,which are used to propel business and commercial real estate development in thelow-income areas that have been…

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September Transactions

NAI Ohio Equities closed over 23 transactions during the month of September, including the sale of an office portfolio at 825 Tech Center and 8101 N. High Street. The 209,440 square feet of Class A Office Space was sold by our Office Brokerage Group of Matt Gregory, SIOR, CCIM, Andy Dutcher, SIOR and Philip Bird. To download our entire report, please click Here.

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Commercial Real Estate 101 

Four Things to Look for When Hiring a Commercial Brokerage

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…

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June Transactions

NAI Ohio Equities closed over 19 transactions during the month of June, including large office sales and leases. Some of the larger transactions included an entirely in-house deal at 707 Park Meadow Road in Westerville. The owner was represented by the Office Brokerage Group of Andy Dutcher, Matt Gregory, and Philip Bird and the buyer was represented by the Capital City Team of Mark Francescon and Joe Menninger. The building sold for $1,800,000. To download our entire report, please click Here.

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May Transactions

NAI Ohio Equities closed over 25 transactions during the month of May, including a large number of Industrial sale and leases. Some of the larger transactions included the sale-leaseback of 1727 Georgesville Road, co-oped with NAI Hiffman, for $13,625,000 and the sale of 525 Maxtown Road for $2,350,000. For the month, our office closed on 13 leases and 9 sales. To download our entire report, please click Here.

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March Transactions

NAI Ohio Equities closed over 22 transactions during the month of March and successfully won Property Management contracts for 9 properties. Some of the larger transactions included the sale of 530-538 East Town Street for $1,800,000 and the sale of 500 N. Stanwood Avenue for $1,400,000. Our Property Management group won a contract with NAI Hiffman to manage 7 properties owned by Griffin Capital Company. To download our entire report, please click here.

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NAI Ohio Equities January Transactions

Our agents had a busy month! A few of our deals included the sale of 6805 Perimeter Drive in Dublin, Ohio for $6,530,000 by the Office Brokerage Group, the sale of 298-300 Enterprise Drive in Lewis Center for $789,000 by the Industrial Warehouse Investment Team and the lease of 825 Tech Center Drive, 1st Floor in Gahanna. To view all of our transactions, please download the PDF: January Transactions

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Commercial Real Estate 101 

Three Unique Challenges During a Good Industrial Market

This is a re-post from our Industrial Property Team blog. You can find the original post here. Today’s heated market for industrial real estate has been great. However, it has created its own set of challenges that can lead to indecision and frustration for all parties involved. Let’s look at three scenarios where we see this happening. Lack of Options for Buyers/Tenants: Historically, when brokers did a property search there were numerous buildings available that would fit the requirement. With a large number of options available, the Client would feel…

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