Columbus

It was just announced by Mark Heschmeyer at CoStar News that Blackstone, DRA Advisors and AEW Capital invested in large industrial portfolios valued at a total of $1.5 billion.  That’s over one [...]

First quarter 2012 softened a bit as compared to fourth quarter 2011, but net absorption remained positive according to Mark Heschmeyer of CoStar news.   Plus, a mild slowdown in the rate of [...]

An Atlanta Developer has signed on to build a $50 million apartment complex with groundbreaking scheduled for late this summer and completion for late winter 2014.  The complex will consist of [...]

Dublin Ohio’s 800 acre core has been slated for a massive redevelopment effort along Bridge Street from Frantz Road to Sawmill Road.  Now, Dublin has a plan that will redevelop the corridor “into [...]

This is the last reminder because valuation appeals are accepted from December to March 31.  Your chances of winning are about half so it’s well worth doing, but must be done correctly and [...]

At the link is a status update on our new Hilton Hotel across from the convention center in Columbus’ Short North.  The pedestrian bridge is yet to be received and installed, but other than that [...]

As primary markets get ridiculously overpriced and the much preferred single tenant, triple net or absolute net corporate leased retail properties more and more unavailable, investor focus is [...]

Slow steady improvement was the name of the game in Columbus and Central Ohio for February 2012 residential real estate as 1,215 sales closed last month, which is a 5% increase over February [...]

The Puzzuti Company expects to break ground shortly for an 11 story hotel with office and parking garage.   The hotel will be on the east, Italian Village, side  of the street with a six story [...]

CoStar’s monthly National Composite Index of Commercial Real Estate posted gains in eight of the last nine months for January 2012.  True, it’s March 15, 2012, but it takes them around 45 days to [...]

I read an update from the 1031 exchange specialist, Steve Rosansky, regarding increased inflation in the near future and using commercial investment real estate as a hedge. We’re starting to see [...]

It’s a mix of both moderately good news and some bad news.   Starting with the bad news is that we had a major drop off in construction and development funding from $321 billion last to $240 [...]

Randyl Drummer of CoStar News wrote an interesting article on adaptive reuse, and primarily of surplus U.S. government property.  Since construction financing is still very difficult to obtain [...]

Just a reminder.  Valuation appeals are accepted from December to March 31.  Your chances of winning are about 50 – 50 so it’s well worth doing, but must be done correctly.   Lock [...]

Better times continue to get better for Columbus and Central Ohio residential real estate as 1,125 sales closed last month, a 6% increase over January 2011. Better yet is that 1,845 residential [...]

Commercial real estate lenders are expecting to build on a very good 2011 with a stronger 2012.  Barring international shocks such as a war with Iran or disruption in oil supplies, 2012 should [...]

Randyl Drummer from CoStar news writes, and I agree, that retail rents will begin to rise this year. It’s not so much a huge increase in demand as much as there is virtually no increase in [...]

For the first time in five years, a majority of banks are considering growing their loan portfolio due to improving conditions in just about all sectors of the economy. There’s neither an [...]

Valuation appeals are accepted from December to March 31.  Your chances of winning are about 50 – 50 so it’s well worth doing, but must be done correctly.   Take a look at the short [...]

It’s back!  Business is cranking again and the phone is ringing.  CoStar news reports that the dollar volume of commercial real estate transactions are back up to historical long term average and [...]