Tag: retail

Our brokerage wrapped up 2024 with a very active December, closing 24 transactions equating to more than 157,000 square feet. In the month’s largest transaction by volume, Chad Boggs represented the buyer in the purchase of Rocco Commons at Hamilton Square. The 11,803-square-foot retail strip center at Hamilton Quarter in New Albany was purchased as an investment for $6.08 million. John Mally, Andrew Green and Al DiLorenzo represented the buyer, Certified Cultivators, in purchasing 1901 Bechtle Ave. for $1.575 million, the month’s second-largest retail transaction by volume. John Mally also…

November remained steady for transaction volume with our brokerage closing 16 transactions equating to 496,054 square feet. The three largest transactions of the month were industrial leases. The largest transaction by volume was a lease completed by the Industrial Property Team of Curt Berlin, SIOR, Matt Osowski, SIOR and Blake DeCrane who represented FST Logistics in leasing more than 383,000 square feet in Fort Worth, Texas. The space will facilitate FST’s expansion into the region. The team also had the second largest transaction by volume representing the landlord in signing…

Activity fell in October, with our brokerage closing 12 transactions equating to 93,195 square feet. Industrial transactions led the month, accounting for nearly 42% of the month’s activity. The largest industrial transaction of the month by volume was the sale of 1660 Universal Road. Peter Griffith, Mike Semon, Dan Sheeran and Dan Sheeran Jr. represented the buyer, Mile 26 Trucking, which purchased the 3,953-square-foot industrial building for $1,026,000 as an investment with plans for future expansion. In an all-in-house deal, Ryan McGreevy represented the owner and Simon Kroos represented the…

September brought a surge of activity for our brokerage which closed 28 transactions equating to 358,941 square feet. Once again, office was the most active asset class, accounting for nearly half of all transactions for the month. In the month’s largest transaction by volume, the Office Brokerage Group of Matt Gregory, SIOR, CCIM and Philip Bird, SIOR represented the landlord, Healthcare Realty Trust in bringing on a new tenant, Outreach and Crisis Counseling Services LLC to 515 E. Main Street where it will lease 8,721 square feet. Matt Gregory, SIOR,…

Our brokerage gained momentum in August and closed 23 deals equating to more than 171,000 square feet. We also saw an increase in retail and land deals, however, office was the most active asset class this past month. The team of Matt Gregory, SIOR, CCIM and Philip Bird, SIOR closed nearly half of all transactions for the month with 72% of the team’s transactions being office sales or leases. In the highest value office transaction, the team represented the landlord in signing a new tenant, Merit Advisors. The tenant signed…

July included some notable transactions for our brokerage. Overall, we closed 19 transactions equating to more than 389,000 square feet. Office transactions accounted for nearly half of the month’s activity with the highest value office transaction being the sale of 262-266 S. Third Street. The investment property was sold by John Mally, Chad Boggs and Andrew Green for $1.8 million. The Office Brokerage Group of Matt Gregory SIOR, CCIM, Andy Dutcher, SIOR and Philip Bird, SIOR closed 47% of the month’s transactions with the team’s highest value deal being the…

June was an active month with our brokerage closing 21 transactions equating to more than 347,000 square feet. The highest-value transaction of the month was the sale of the historic Larrimer Building at 161-167 N. High St. for $4.3 million. Peter Merkle represented Brad DeHays in the sale of this 27,267-square-foot building and the adjacent 92-space surface parking lot. The historic building has been the long-time home to Elevator Brewery & Draught Haus which will remain in the building. Retail accounted for 18% of the month’s transactions. Industrial transactions made…

Activity increased in May with our brokerage completing 20 transactions. This past month, industrial and office transactions dominated, accounting for roughly 90% of the month’s activity. The highest-value transaction of the month was an industrial lease at 3495 Gantz Road in Grove City. The team of Curt Berlin, SIOR, Blake DeCrane and Matt Osowski, SIOR, represented the tenant, FST Logistics, in signing the lease for the 263,219-square-foot space. FST also worked with the team to expand its office space at 5025 Bradenton, adding 5,580 square feet. The Office Brokerage Group…

This month, NAI Ohio Equities closed 11 deals, with an uptick in the number of retail transactions this month. Chad Boggs had the highest-value retail transaction of the month. He represented Pitabilities in signing a lease for its first brick-and-mortar location at 2167 Stringtown Road in Grove City. The deal was completed all in-house with Bob Monahan representing the landlord. Office deals accounted for roughly one-third of transaction activity. Mitchell Moore was the lead agent and worked alongside the team of Philip Bird, Matt Gregory, and Andy Dutcher to represent…