With 10 year treasuries at just under 3%, we’ve seen about a 100 bp rise in rates over the last couple of months. Is this finally affecting the super hot, investment grade, single tenant, [...]
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 [...]
Construction started a couple of weeks ago on a $370,000,000 project to add 3,200 beds to the OSU student housing to comply with the new requirement that sophomores in addition to freshman live [...]
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 [...]
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 [...]
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 [...]
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. [...]
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 [...]
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 [...]
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 [...]
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 [...]
Commercial real estate prices posted major gains in July across all segments to further support the widely held view that we are at the beginning of a broad based recovery. The two broadest [...]
The recovery is spreading west, which had been a deeply affect region of the country by the residential housing collapsed combined with the deep recession. There has been a few technology and/or [...]
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 [...]