Commercial

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 [...]

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 [...]

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 [...]

Seeking additional long lease, investment grade, single-tenant, triple net leased, opportunities nationwide. Please contact me, Scott Harris at 310-473-4789 or 614-905-6614.

Forbes.com Ranked Columbus, Ohio in third pace of all major metros in tech job creation over the last five years.  Columbus created nearly 17% growth in that period and was beaten only by Seattle [...]

Before I discuss some of the common pitfalls to be aware of by a potential buyer when evaluating a property for purchase, I’ll review the clauses that at least should be included in a commercial [...]

I get quite a few calls/emails asking for exactly the same property type backed by the same type of lease. The commercial real estate flavor du jour is retail, single-tenant, single parcel with [...]

A couple of days ago I promised to put together a chart of the S&P and Moody’s credit ratings for the major retailers that you’re likely to encounter as potential tenants.  It’s now 3:45 AM, [...]

Continuing what I was writing about a couple days ago regarding the possible 1031 upleg chosen if a buyer in an exchange in the 45 day identification period can’t find a suitable fee simple [...]

I’ve been discussing single tenant, net leased opportunities over many of  last few posts because I’ve been searching for several 1031 uplegs.  Every one of the buyers have been looking for [...]

I’ve written plenty about triple net, in fact absolute net, single tenant, national credit, long corporate lease retail over the last few months, but what if the purchase is for a buyer under the [...]

This is an informational post for landlords and property owners brought to our attention by Randyl Drummer at CoStar News.  Commercial real estate owners and landlords have been excluded from [...]

The State of Ohio approved a $10 million loan to Franklin County to help facilitate the purchase of 18,000 seat Nationwide Arena from Nationwide Insurance and the Columbus Dispatch.  The loan [...]

Top retail and office properties have been bid up over the last year to the point where it makes sense to find another commercial real estate alternative.  That possibly can be industrial where [...]

Retail closings fell 46% in the third quarter to $8.2 billion from the second quarter’s $15.2 billion. As bad as that was it was still an improvement over last year’s third quarter of $6.6 [...]