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Commercial Real Estate Services | Worldwide

Serving the Columbus Region Since 1971

We are a full service Commercial Real Estate company capable of helping you and your business take control of your real estate needs.

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Sales and Leasing

We have a proven record of successful real estate transactions including the sales and leasing of land, office, retail, and industrial properties throughout Central Ohio and around the world. NAI Ohio Equities is a dedicated team, ready to work for you. We have an in-house marketing team that will assist all sales associates on how to best list your property. Let one of our professionals work with you on listing your property today.

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Tenant Representation

If you are new to the Columbus region, expanding your business, or simply looking for new space, our talented and professional tenant representatives will help you understand the process. NAI Ohio Equities is here to walk you through all aspects of site selection; from discovery and identification phase all the way through the negotiation and signing of your new lease or closing on your new space.

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Property Management

NAI Ohio Equities’ team includes 20 helpful and talented property managers, each hired to make sure your property functions effectively. From snow removal to security to HVAC repairs, our property management experts offer peace of mind that every last concern is being considered, managed, and repaired. We also offer full accounting support tailored to your operation.

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Who Are We?

Our agents have been helping clients find the perfect real estate solutions for all of their business needs since 1971. Our team members are ready and anxious to offer their assistance for whatever you need.

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Market Reports

Office Overview

Columbus office vacancy sits at 10.2% compared to the national average of 13.7% and rent growth remains solid, with Columbus seeing annual gains of 2.3% compared to the national benchmark of 0.7%. Office footprints have shrunk to 3,600 square feet, 10% less than pre-pandemic levels.

Rent growth is at 2.3%; a byproduct of large Tenant Improvement (TI) packages and abated rent concessions to keep rates from dropping.

TI packages have become equally or more important than rental rate; suggesting rent growth will continue.

Medical office leasing remains steady in Class A MOBs.

Medical office continues to attract investment and maintaining stronger cap rates in the 6-7.5% range versus the 9-10.5% range in general office.


“'Can this suite be demised?’ This is a common question when the average tenant in today’s market only needs 3,600 square feet. Landlords are all competing to win the “small deals”; most are shorter term but still require hefty TI packages. Landlords are signing these deals, less for a large profit today, but rather banking on the traditionally much lower cost lease renewal. These smaller leases all add up and chip away at vacancy. They come with ancillary benefits such as rent roll diversification and greater expansion opportunities throughout the occupancy lifecycle.” - Andy Dutcher, Senior VP, Office Brokerage

Property Management

Property Management

Professional Property Management is critical to ensuring the longevity and vitality of your commercial real estate investment. At NAI Ohio Equities, we provide active management and integrated resources to preserve and enhance the value of each of your company's real estate assets. We provide a complete and competitive range of property management services for industrial, office, medical, and retail buildings, as well as educational and multi-family properties and home-owner associations.

All NAI Ohio Equities managed assets operate in accordance with our Property Service Standards Program that promotes consistent, high-level operational practices, yet is designed with the flexibility to cater to the unique needs of each property and client.

Case Studies and Testimonials

"Ryan McGreevy very professionally handled the sale of this property and I was very satisfied with his work. I look forward to doing future business together."

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"Each and every prospective deal is always handled in a professional and compelling manner. Furthermore, the attention to detail and analysis provided with each RFP has greatly helped the partners in their decision making."

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"The NAI Ohio Equities Industrial Team has done an excellent job for us. After purchasing Southeast Industrial Park our goal has been to sell the buildings individually. Their team has clearly communicated our objectives to the brokerage community and end users. Through an aggressive marketing effort they have been able to sell 13 of the 18 buildings in the park. We appreciate their determined and honest approach to business."

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"Working with Matt Gregory and Andy Dutcher was fantastic. They were both very energetic and knowledgeable, responding quickly to our various needs and questions. Both are very personable, understood our needs, and strongly supported our effort to start a social enterprise. I would highly recommend them both."

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"Joe Menninger and Philip Bird were a delight to work with. They completely understood our parameters and the necessity to sell our real estate, while continuing to maintain our operations in the space during and after the sale."

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"We have grown significantly in the past few years and had to lease space at three separate locations in order to accomodate the needs of the agency. I was delighted with the personal commitment made by both Peter Merkle and Matt Gregory to find us a property that met all of Alvis House's needs. The time and effort they have put forth has been invaluable."

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Recent News

Maximizing Efficiency and Quality: The Importance of Periodically Bidding Out Service Contracts

February 27, 2024

If you’ve been using the same vendor for years without bidding out the service contract, you could be doing yourself a disservice. As a property management company, bidding out service contracts for our clients is a valuable tool that creates a balance between maintaining quality service and optimizing costs. In this blog post, we delve into the benefits of bidding out service contracts, including which services to start with and the frequency.


Cost Savings

Regularly bidding out service contracts ensures you receive the most competitive pricing from vendors, often resulting in lower costs and better terms. Commercial Property Manager Mary Brown says when soliciting bids, it’s important to use companies that have been vetted, meaning you are familiar with the quality of their service and have already established that their pricing is fair. Unfamiliar companies that have not been vetted may not have the appropriate scope for the property and may submit the lowest bid to earn the business but may not be able to offer comparable quality.

Ensuring Quality Service

Periodic bidding, even if you are happy with the service you have, offers a chance to assess quality and offerings from both your current vendor and potential vendors. This process ensures you have thoroughly considered your vendor’s performance and allows you to seek references and evaluate proposals to compare services. This can result in enhanced tenant satisfaction and in some instances, increased property value.

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Unintended Consequences: How the NAR Ruling Will Change Cooperative Compensation Practices

January 30, 2024

The $1.78 billion verdict in October against the National Association of REALTORS® has sent shockwaves across the residential real estate industry. The ruling in the case of Sitzer/Burnett v. The National Association of Realtors et al, including Compass Inc., EXP World Holdings Inc., Redfin Corp., Weichert Realtors, United Real Estate, Howard Hanna Real Estate Services, and Douglas Elliman Inc., claimed that the NARs “participation rule” and “cooperative compensation” practices forced home sellers to pay inflated commissions to buyer agents. Within hours of the verdict, the plaintiff attorneys in the case filed a separate class-action lawsuit against another set of companies with the same allegations.

Anywhere Real Estate Inc., the parent company of Coldwell Banker, also agreed in early October to pay $83.5 million to settle a pair of class-action lawsuits and to overhaul its policies toward commissions. RE/MAX Holdings Inc. has separately agreed to pay $55 million. Since then, the residential real estate world has been reeling as brokerages navigate the appeals process and reformation of their existing commission practices.

Many have asked us if and how these rulings will affect commercial compensation practices and what impact these rulings will have overall. To answer this question, it is important to understand the different views and practices in the residential and commercial industries which we believe, in part, influenced this decision and its outcomes.

Multiple Listing Services

Multiple Listing Services or “MLS”, were created as a way to share information about listings for residential real estate. They serve as a single source of listing information for a market, and that information is easily accessible to the consumer.

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A Five Step Guide to the Tenant Buildout Process

November 30, 2023

One of the most common questions asked by office tenants during the leasing process is how to proceed with evaluating the costs associated with tenant improvements and how that expense factors into their negotiation and decision-making process. After all, you can’t be entirely clear on the cost of the lease without understanding the expense associated with any improvements that will be needed. With the proper planning, strong representation, experienced contractors, and some insight, you can manage this process in a way that is effective and results in a clear understanding of your costs!

Step 1: Narrow Your List

To begin, hone in on what your needs are versus your wants for the space and narrow down your search to the top two to three options. Having a short list will help to simplify your ability to compare and contrast your total cost for each space.

Step 2: Develop a Space Plan

A space plan is a detailed layout or design that shows the contractor how you intend to use your space. The best way to do this is to hire an architect or work with the building architect. Sometimes, a tenant will create a space plan without an architect, however, this can cause inefficiency. Ideally, your space plan will reflect the most current floor plan, along with details about the finishes, plumbing and electrical changes, and which walls would be removed and where new construction would be needed. The more detail included enables the contractor to provide the most accurate estimate, which prevents inflated estimates and surprises later.

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Employment Opportunities

NAI Ohio Equities is hiring. If you are looking for employment with our company and fit the requirements we are looking for, we would love to meet you. Please review any job openings below, and if interested, please click on the listings to view more information and apply. Thanks!