Ohio

Former K-Mart sight will be redeveloped by Taylor House LLC into a 325 unit apartment complex. Taylor House LLC, an affiliate of Preferred Living based in Westerville bought the 11 acre site in [...]

As interest rates climb just a bit and cap rates are at what’s likely to be a cycle low, I’m seeing more new or newer developer owned, single tenant, triple net retail or absolute [...]

Not only is Columbus commercial real estate for sale doing well, Columbus and Central Ohio residential just had an all time record month for an August and a record year to date. Homes sold as of [...]

Columbus has added about 3,000 downtown apartments or condos over the last ten years and the pace of new construction and redevelopment is quickening.   It will take a while to get back to where [...]

Columbus ranked 10th best in the country of the 50 largest metropolitan areas according to a recent report by Wells Fargo Bank. Columbus also outranked every other major metropolitan area in the [...]

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 [...]

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 [...]

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 – [...]

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 [...]

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 [...]

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 [...]