Commercial

Resale home sales were down in June amid a very tight supply, but prices way up.  Bubble time is coming again and then we all know what’s after that.  We generally go approximately 14 years [...]

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 [...]

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 [...]

For the second year, Westerville’s Uptown District will be awarding up to $15,000 in grant money per property for improvements ranging from paint, new windows, awnings to concealing rooftop [...]

The city of Dublin, Ohio has embarked on a grand project with this one so here’s an update on the progress.   The project is moving along and the city is offering a quick look at what it [...]

The City of Westerville is looking at a plan to more effectively utilize the 1,100 parking spaces in the Uptown district. The plan is to create mid-block alleys and redesign the north – [...]

A U.S. Tax Court decision from earlier this year, Adams v. Commissioner, T.C. Memo 2013-7, illustrates the importance of the investor / tax payer receiving a fair market rent for their investment [...]

I continue to need  corporate leased, triple net retail c-stores such as 7-11, Circle K, Get Go (Giant Eagle) or Turkey Hill (Kroger).  Gas preferred on the triple net retail C-stores due to the [...]

According to CoStar News, sales of commercial real estate in the United States reached $64 billion last year, which is the highest since 2004 and increased 22 percent from 2011. The price gains [...]

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. [...]

Since this is the community where I actually live I thought I would post an update regarding activity in old uptown Westerville. The project at 7 & 9 N. State that my clients are working on [...]

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 [...]

Developers report that although money is still tight for new commercial development, money is far more available that it was a year ago, especially for new multiunit development. “It’s a good [...]

This is review and reminder to a post earlier in the year. A 1031 exchanger must complete the acquisition of a replacement property in a 1031 exchange before midnight on the earlier of the 180th [...]

New data show major rebound in both commercial and residential construction led almost entirely by multifamily and single family development. Developers and builders started construction on the [...]

If it’s one thing that markets hate, especially commercial real estate, that’s uncertainty.  Also, election really matter and this one made the situation more uncertain. In fact, [...]

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 [...]

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 [...]

We all know that the single tenant, triple net, national credit, retail supply has been tight all year with cap rates falling to the 5 to 6% range.  I expect to see the supply side loosen up a [...]