Ohio

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 [...]

The National Association of Realtors sums it up pretty well in the attached August 2012 Commercial Real Estate Outlook when they opine that the economy has gone on vacation.  That’s pretty [...]

Great news:  homes prices in Columbus and Central Ohio hit their highest in five years with a average price of $186,781, which is a whopping 10.3% higher than July 2011.  The higher priced areas [...]

The multifamily segment of commercial real estate continues to strengthen in spite of new supply coming on line according to Randyl Drummer of CoStart news.  Demand still far outstrips demand. [...]

Residential home sales are gaining strength in Columbus and Central Ohio according to the Columbus Board of Realtors.  May 2012 homes sales were up for the fifth consecutive month to 2,070, up 5% [...]

I did a short post on the Dublin, Ohio, Bridge Street development a couple of weeks ago.  I’ve since located much more detail regarding the long term development, which is at the link thanks to [...]

Tonight, Saturday and Sunday on the new Scioto Mile Riverfront as we celebrate the 200th birthday of Columbus Ohio.  This is one of the great events in Columbus Ohio so hopefully we have nice [...]

Many folks are aware that Starwood Capital Group agreed to acquire $1 billion in seven shopping centers from Westfield and KKR.   As Starwood is starting to acquire retail commercial real estate [...]

A strengthening residential market seems to be the rule around central Ohio over the last year and its getting stronger.  First quarter 2012 homes sales for Central Ohio were up 7.1 percent over [...]

True, many banks are still working through their distressed property pipeline, but many have recently decided that it’s time to jump back into commercial lending, and yes,  even for development [...]

Randyl Drummer with CoStar News reports that the rebound in office type jobs is becoming strong  enough that we could see rent growth in the near future.  The growth spreading to smaller [...]

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 [...]

This is British Petroleum’s first deal in oil and gas-rich shale in Northeast Ohio. The deal is reported to be worth $331,000,000 based on a $3,900 per acres upfront bonus payment.  It’s [...]

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 [...]