Tag: retail

Commercial Real Estate 101 

Amazon Isn’t Just Online: Three Ways It’s Impacting Physical CRE

Amy Karnes, , , , , , , , , , , , ,

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…

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News 

March Transactions

Amy Karnes, , , , , , , , , ,

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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News 

February Transactions

Amy Karnes, , , , , , , , , , ,

NAI Ohio Equities closed over 20 properties in the month of February. Some of our larger closings included Apartments on London-Groveport Road, the sale of the office building at 2999 E. Dublin-Granville Road and an office building on E. Main Street in Bexley. We also successfully sold two multi-family units in under a month. For more information on our recent transactions, please download our flyer. NAI Ohio Equities February Transactions

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Commercial Real Estate 101 

Technology is Keeping Bodies in Brick and Mortar: Here’s How

Amy Karnes, , , , ,

Cutting-edge technology is essential for big-brands who want their retail empires to continue to succeed and outpace competitors in today’s (and probably tomorrow’s) retail landscape. E-commerce has created a shift in consumer wants and behaviors towards retail, however, the right technology can feed into those wants and positive behaviors. Here are three important ways technology is changing brick-and-mortar for the future. Tech experiences are bringing something to the table that shopping online can’t. Experiences are one thing that physical stores have, that online ones don’t. Technology that helps you choose…

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News 

NAI Ohio Equities January Transactions

Amy Karnes, , , , , , , , , , ,

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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Market Reports 

2017 Third Quarter Market Report: Commercial Real Estate Stays Hot

Amy Karnes, , , ,

The central Ohio commercial real estate market continues to heat up, with both office and industrial vacancy rates remaining relatively flat. Although counterintuitive, we don’t expect to see significant reductions in vacancy even as demand increases. The reason: much of the currently available space is the same space that has been undesired by tenants for years due to lack of amenities and functional obsolescence. So if the vacancy is not falling, what indicators do we have to show the market is truly “hot”? Looking at sale prices per square foot…

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