News 

September Closed Transactions

September remained steady for our NAI Ohio Equities Brokerage Division and included several multi-million-dollar transactions. Overall, our brokerage department closed 18 transactions for the month and leased or sold more than 282,000 square feet. Our Office Brokerage Group closed six transactions this past month totaling more than 40,000 square feet. Matt Gregory and Andy Dutcher represented AndHealth, a disease-reversal telehealth startup led by CoverMyMeds co-founder, Matt Scantland. AndHealth will occupy 28,000 square feet at Two Miranova. The Industrial Property Team had the largest industrial closing of the month. The team…

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News 

August Closed Transactions

Our brokerage department closed 15 transactions in August. Overall, the brokerage department leased or sold more than 84,000 square feet and 102 acres, which included several million-dollar-plus transactions. Andy Dutcher, Matt Gregory and Philip Bird closed the largest transaction of the month. The team represented Dublin City Schools in the assemblage of three contiguous 32.62-acre parcels by three different sellers. The acquisition of roughly 98 acres of land, was the largest in the district’s history. The parcels were purchased for a combined $6.6 million. The Sheeran Semon Team sold a…

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News 

July Closed Transactions

Our brokerage department closed 23 transactions this past month equating to more than 322,000 square feet. One of the largest transactions of the month featured an office lease completed by our Office Brokerage Group of Matt Gregory, Andy Dutcher and Philip Bird for 605 S. Front Street in the Brewery District. The tenant had outgrown its current space of roughly 5,500 square feet and sought a space that could accommodate its current needs, but would also facilitate the organization’s anticipated future growth. However, this came with a caveat, it didn’t…

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News 

June Closed Transactions

June was a solid month for NAI Ohio Equities despite investors proceeding judiciously as interest rates have continued to climb. Our Office Brokerage Group of Andy Dutcher, Matt Gregory and Philip Bird represented Volunteers of America Ohio & Indiana on the purchase of 81 S. 5th Street. Volunteers of America plans to redevelop the building into a treatment facility. Additionally, John Mally represented the seller on the sale of 640-660 W. Rich Street in Franklinton, which will become the new home of Pilot Dogs, a dog guide school that trains…

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Commercial Real Estate 101 

Do You Need a Specialist in Commercial Real Estate?

From financial advisors to medical practitioners, at some point, we’ve all needed a specialist. Real estate is no different. We’re all familiar with residential and commercial real estate, but through the years, commercial real estate specifically has become highly specialized. A broker’s role has morphed into that of a real estate “advisor.” Depending on the property type and specialization, there are a slew of functions brokers perform, including financial and market analyses, demographic studies, site selection research, portfolio analysis, and more. The depth of broker specialization is largely dependent on…

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Commercial Real Estate 101 

Five Reasons You Should Engage a Tenant Rep to Negotiate Your Commercial Lease

Leases dominated our roster of closed transactions for May with our office signing or renewing leases equating to more than 205,000 square feet. With such a significant amount of leasing activity, we thought we’d take a deep dive into the benefits and misconceptions regarding tenant representation and share with you our top five reasons why hiring a tenant representative is beneficial! Signing a lease for a commercial property is a big commitment, and finding that perfect space is often a time-consuming and sometimes, daunting task. The good news is –…

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News 

Post-COVID Trends In Healthcare & MOB Properties

Our office gained some serious momentum in March, closing 29 commercial transactions for the month. These transactions included a significant number of medical office buildings (MOBs) so we thought we’d take this opportunity to take a closer look at these notoriously stable assets and ask our experts what they are seeing post-COVID in the sector, and the trends we can expect to see in 2022. Emphasis on Healthy Buildings It’s no surprise that as we emerge from a pandemic, medical office building trends would include an emphasis on “healthy” buildings.…

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News 

Community Propels Columbus Neighborhood Forward

NAI Ohio Equities had a strong February with more than 20 closings this month. Our office sold or leased more than 182,600 square feet, and signed or renewed leases with 15 tenants. Our featured property this month is 895 Parsons Avenue, a 9,700 square foot freestanding building on the city’s south end nestled within the neighborhood of Schumacher Place, which sits adjacent to German Village, Merion Village, Southern Orchards, and is in close proximity to Nationwide Children’s Hospital, the largest pediatric hospital in the United States. The building houses both…

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News 

2021: A Record-Setting Year in Commercial Real Estate

Commercial real estate transactions totaled $809 billion last year as investors loaded up on warehouses and apartment buildings to capitalize on the e-commerce boom and record-setting rents, according to “Commercial Properties Saw Record Sales in ’21” published by The Wall Street Journal. It was no different at NAI Ohio Equities, where we celebrated another landmark year! As we prepare for 2022, we wanted to take a look back and share with you our most significant transactions of 2021! Top 5 Industrial Leases Industrial transactions rose to new highs with the…

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News 

Thinking About Investing in Multifamily? Start Here.

Overall, 2021 was a strong year for NAI Ohio Equities. December closings included several land deals and office leases. One of our largest transactions for the month was the sale of Huntwork Gardens, a multifamily portfolio located in Pickerington, Ohio, consisting of 24 units. Huntwork Gardens presented investors with a well-maintained asset that offered both short and long-term paths for return on investment. The 100% occupied property had current rents well below the submarket average which created an opportunity for investors to capitalize on the rent delta. The condition and…

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