Columbus

A new 176,290 square foot Walmart Supercenter is going in just north of Hard Road on Sawmill in what used to be the Olde Sawmill Square retail center that’s been mostly empty and decaying [...]

The Columbus and Central Ohio market is as on fire as it has ever been with July 2013 sales of 2,855 homes posting near all time monthly records sales for last month with only August 2005 and [...]

Last weekend was the annual Columbus Art Festival and it was better than ever.  Even the weather cooperated this year and the crowds turned in mass.  Downtown Columbus at ground level is [...]

In DLA Piper’s annual survey of the commercial real estate industry, 85 percent of senior executives at commercial real estate brokerages, REITs, etc., hold a bullish outlook for the remainder of [...]

Home sales hit a record high last month with 2,390 closing versus the previous high of 2,286 in April 2004.  This is a 30 percent increase from April last year. Year to date, prices are up 1.5 [...]

Daily finance had an interesting interview with Jeff Speck, author of Walkable City: How Downtown Can Save America, One Step at a Time.  Jeff Speck is an architect and city planner in Washington [...]

Of the top 200 U.S. markets, Columbus ranked second with a score of 30, only behind Houston (33) and followed by Orlando (29), Charlotte (28) and Salt Lake City (28). The job creation score was [...]

The Columbus and Central Ohio MSA new and resale homes report show that the market remains strong and is getting stronger. Homes sales for the quarter were up 17.6 percent over first quarter last [...]

New High end apartments in the vicinity of downtown or the short north are commanding up to $3,000 per month.  A wave of swanky apartments are coming online within the next 12 months with two [...]

CoStar News reports that new apartment construction at four or five times the national average for other types of commercial construction in certain markets will cause vacancies to increase. [...]

There were 22,915 homes sales for all of 2012 and that was up 15.5 percent from 2011.  These are the best numbers since 2007. Average sales price was up 7.2 percent to $167,459 for 2012 and [...]

There’s a lot going on around here aside from the I-70 / I-71 project.  IF we have a mild winter as we did last year, it will get these projects moving along toward completion early in 2013 [...]

My home town of Westerville Ohio was named the fifth friendliest town in the United States according to Forbes and a Nextdoor.com.  Westerville was the only town in Ohio to make the top 25. Some [...]

Columbus and Central Ohio October home sales were up for the tenth consecutive month with sales of 1,990 up 24.8 percent from October 2011 according to the Columbus Board of Realtors. Average [...]

CoStar’s CCRSI index show strong pricing gains across all commercial real estate segments for September 2012.  Third quarter commercial real estate transactions closed with with strong [...]

The Columbus and Central Ohio unemployment rate has fallen to 5.7 percent from 7.4 percent in September 2011.  Obviously, that’s a huge improvement and it’s not because of folks who have given up [...]

Prices are still trending upward.  Homes prices in the Columbus and Central Ohio area are up from same month last year with an average price of $169,413.  That’s up 8.1 percent over September [...]

What I have been experiencing over the last two or three quarters in regards to triple net or absolute net, single tenant retail seems to be reality according many in the industry, including Mark [...]

Reis Reports announced that the 126,022 unit Columbus / Central Ohio multifamily market vacancy rate had fallen to 6.1 percent by the end of the second quarter 2012, which is the latest quarter [...]

Single tenant, net leased retail has continued to gain strength as an asset class.  With an economy barely growing, one could wonder why is triple net and absolute net retail as strong as it is?  [...]