Columbus

The news is good again.  Homes prices in Columbus and Central Ohio are up from same month last year  with a average price of $178,766, which is up 6.4% over the same month last year. 2,326 [...]

The National Association of Realtors sums it up pretty well in the attached August 2012 Commercial Real Estate Outlook when they opine that the economy has gone on vacation.  That’s pretty [...]

Great news:  homes prices in Columbus and Central Ohio hit their highest in five years with a average price of $186,781, which is a whopping 10.3% higher than July 2011.  The higher priced areas [...]

The multifamily segment of commercial real estate continues to strengthen in spite of new supply coming on line according to Randyl Drummer of CoStart news.  Demand still far outstrips demand. [...]

There’s continued good news for the Central Ohio market as homes sales were 2,429 for June 2012, up 18.1% from the 2,056 for June 2011.  Sales for the first half of the year were 10,473, up from [...]

DQ News reported that homes sold in Southern California rose for sixth consecutive month to 22,075 for June 2012.  This number was down .5% from May 2012, but up 7.5% from the 20,532 sold in June [...]

I’m not saying that we’re quite back to pre crash levels of pricing but we’re getting there.  Given the general malaise in the American economy with job growth, GDP growth and most other [...]

Randyl Drummer from CoStar News reported that after months of negotiations the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) agreed on [...]

Residential home sales are gaining strength in Columbus and Central Ohio according to the Columbus Board of Realtors.  May 2012 homes sales were up for the fifth consecutive month to 2,070, up 5% [...]

As prices get stupid for the product of choice –  the triple net or absolute net, S&P BBB or better, single tenant retail, it starts pulling up secondary  and tertiary markets and [...]

I did a short post on the Dublin, Ohio, Bridge Street development a couple of weeks ago.  I’ve since located much more detail regarding the long term development, which is at the link thanks to [...]

And it was a great event on the newly finished Scioto Mile.  The festival is now on both sides of the river and both bridges. The weather was mostly great except for a some sprinkles late [...]

Tonight, Saturday and Sunday on the new Scioto Mile Riverfront as we celebrate the 200th birthday of Columbus Ohio.  This is one of the great events in Columbus Ohio so hopefully we have nice [...]

Today, I’m going to take a look at the preferred type of product for most of my buyers, and frankly for most buyers on the market these days, and that is triple net or absolute net, single [...]

There are big differences on expansion plans for 2012 as we come out of this giant downturn and Obama Care goes into to full effect in 2014.  To summarize: Rite Aid hopes to return to limited [...]

Buyer need – Corporate leased triple net c-store such as 7-11 or Circle K  with 8 years or more unexpired absolute net lease for SoCal buyer. Gas or without gas is fine. Single tenant only. [...]

Many folks are aware that Starwood Capital Group agreed to acquire $1 billion in seven shopping centers from Westfield and KKR.   As Starwood is starting to acquire retail commercial real estate [...]

A strengthening residential market seems to be the rule around central Ohio over the last year and its getting stronger.  First quarter 2012 homes sales for Central Ohio were up 7.1 percent over [...]

True, many banks are still working through their distressed property pipeline, but many have recently decided that it’s time to jump back into commercial lending, and yes,  even for development [...]

Randyl Drummer with CoStar News reports that the rebound in office type jobs is becoming strong  enough that we could see rent growth in the near future.  The growth spreading to smaller [...]