The residential market is coming back across the state of Ohio so says Ohio Association of Realtors. The number of single family homes and condos put under contract brought the Pending Home [...]
As Columbus begins celebration of its bicentennial year in 2012, many major projects are complete or in progress. Completed includes two new major downtown parks, Columbus Commons and Scioto [...]
Retailer seeks Central Ohio franchisee for entire Columbus MSA. Great brand that has never been here before. Potential of seven to ten stores. It makes no difference whether the real estate is [...]
I know I’ve been posting more residential real estate news over the last week or so than I have commercial. Commercial real estate pretty much shuts down this time of the year unless you [...]
CoStar News reports that starts of multiunit residential construction were up 32.2% from October 2011 to 230,000, which is the highest since September 2008. True, the number of new apartment [...]
Homes sales in Central Ohio were 1,406 for the month and that’s up almost 7% over November last year. Homes going into contract increased 37% last month over a year ago making November the [...]
The Columbus and Central Ohio jobless number was 7.6% in October 2011 and dropped to 6.6% in November 2011. That’s a major improvement. That’s the best in three years. The lowest was Delaware [...]
For the first time since 2008, overall commercial real estate prices are on the increase. CoStar’s monthly National Composite Index of Commercial Real Estate increased 2.2% and that’s the first [...]
I did a video blog update last night at about 2:30 AM to update current commercial real estate market conditions concerning apartments and retail as we get very close to year-end. I’m still [...]
International Council of Shopping Centers (ICSC) met in New York City on December 5 and 6. A Panel of eight national retailers agree that “urban retail is not the last frontier, but an evolving [...]
Linked is a useful sortable report looking at not only vacancy and rent growth trends for multiunit residential, but also retail and office. Go to the link in the upper left of the page [...]
I few posts ago I promised that I would go into greater detail regarding aspects of a commercial lease that the prospective buyer needs to examine carefully. Without the underlying leases the [...]
As Columbus gets ready to celebrate its bicentennial next year, downtown has blossomed with new projects with both condo lofts and apartments. Walker with Columbus Underground recapped 12 new [...]