Ohio

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 [...]

The Columbus and Central Ohio jobless number was 7.6% in October 2011 and dropped to 6.6% in November 2011.  That’s a major improvement. That’s the best in three years. The lowest was Delaware [...]

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 [...]

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 [...]

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 [...]

I read a piece on Inman News a few minutes ago that I find quite striking.   This is further development on the build better, not bigger design theme that we’re seeing in urban infill areas [...]

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 [...]

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 [...]

Homes sales in Central Ohio were 1,543 for the month and that’s up almost 8.6% over the 1,421 for October last year.   Homes going into contract increased 46% last month over a year ago making [...]

The Great Recession has produced an increase of 1.4 million new renters this year, which is a 4% rise in the last year according to Mark Heschmeyer at CoStar News.  And again, since construction [...]

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 [...]

Columbus scored well on a Chamber of Commerce survey of young professionals.  79% of respondents view Columbus as a vibrant city where folks are using Public parks, trails, recreation areas and [...]

Homes sales in Central Ohio were 1,719 for the month and that’s up almost 17% over the 1,474 for September last year.  Homes going into contract increased 58% last month over a year ago.  Total [...]

Central Ohio does what it always does and recovers faster than the rest of the Midwest. September unemployment was down to 7.7%. That’s not where we’d like to see it, but it sure beats some other [...]

It’s actually not all that surprising given that construction financing has all but shut down once again that any pickup of leasing activity means a net positive absorption given that there’s [...]

To brighten the Monday a little bit I thought I would put together a short video of the fundraiser we did last weekend here in Columbus Ohio at the Columbus Zoo. We don’t get much weather as [...]

Columbus, Ohio (pop. 787,933) I had no idea that according to USA Today, Columbus Ohio comes in second in the number of playgrounds in a city.  The number almost equals the number of golf courses [...]