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.
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.
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.
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.
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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Featured Listings
Office Listings
NAI Ohio Equities offers a wide variety of services for office users and investors alike. Our professional staff currently tracks almost 32,000,000 square feet of office space throughout the Central Ohio area. With over 40 years of professional market experience, our staff of accredited professionals offers each of our clients the home-field advantage. We live and work in the Central Ohio area, and we distinctly know the properties, the codes and ordinances, the people and business climate.
Industrial Listings
NAI Ohio Equities provides the resources necessary to successfully complete even the most complex transactions. Our services reach throughout the Columbus metropolitan region and the world. While tracking more than 268,000,000 square feet of Industrial space NAI Ohio Equities is able to find not only the best fit, but also the best value for its clients. Industrial clientele include privately owned companies, national and international corporations, institutional owners, private investors and national developers.
Retail Listings
Finding the right location for a retail venture is one of the most challenging tasks in today's competitive market. It takes knowledge about your client - a complete understanding of the products, services, target markets and competition. It also takes knowledge and insights into the retail real estate market - knowing the available locations and sites, knowing what's happening in the marketplace today and what is expected tomorrow. NAI Ohio Equities works with developers and retail property owners, helping successfully position their properties in the retail market and developing a comprehensive marketing strategy to attain the highest occupancy.
Market Reports
Office Overview
Office vacancy in Columbus is rising slower than the national average, at 9.4%, compared to 13.9% nationally, due to limited new projects and positive absorption. New lease sizes in Columbus are modestly shrinking, but expansions by companies like BBI Logistics offset this trend.
Vacancy Rate Trends: The Columbus office market saw a gradual increase in the vacancy rate to 9.4% in Q4 2024, up 60 basis points year-over-year, continuing to outperform the national vacancy rate of 13.9% due to limited new deliveries.
Leasing Activity: Leasing volumes in Q4 remained muted, with significant tenant downsizing and relocations contributing to the return of 240,000 SF of space to the market over the past year
Rent Performance: Rent growth decelerated further to 1.1% in Q4 2024, down from 1.8% in Q3, but still outpacing the national benchmark of 1.0%. Tenant concessions and competitive sublease options continued to pressure rents.
Construction Pipeline: With minimal new projects breaking ground, the Columbus construction pipeline remains at its lowest level in over a decade, with a little over 400,000 SF currently under construction, primarily in mixed-use developments.
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“As we close out 2024, the Columbus office market demonstrates resilience amidst national headwinds. Limited new construction has kept vacancy increases modest, while tenants prioritize quality over quantity in their space decisions. Although rent growth has softened, Columbus continues to offer a competitive edge with its stable market conditions and future growth potential."
- Matt Gregory, Managing Director
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."
"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."
"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."
"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."
"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."
"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."
Recent News
So You’re Buying a Commercial Property: Have You Thought About Who Will Manage It?
March 27, 2025
So, you’re buying a commercial property and laser focused on getting the deal across the finish line, but did you know that this is also the time you should be thinking about an important detail that is often overlooked? This is the time to start thinking about the management of your asset. It may seem as if this decision can wait, but there is value in having a contract squared away before you get to closing.
FOUR REASONS YOU SHOULD HAVE A MANAGEMENT CONTRACT IN PLACE BEFORE CLOSING- The management company may be able to assist with due diligence during the buying process including pre-purchase inspections, budget planning and understanding your operational needs and expenses.
- It allows for a seamless transition for tenants and operations.
- It gives the company time to review leases, establish processes, and build relationships with tenants.
- It also allows for immediate action on maintenance, rent collection and regulatory compliance and provides time to gain access to critical systems, mitigating risks to the building and its operations.
Brokers have large networks and knowledge of the reputable companies in your area. They can tailor recommendations based on your property type and market.
Electricity Rates Are Set to Rise This Summer: This Is How Owners and Tenants Can Manage the Increase
January 23, 2025
Building owners and tenants take heed, a significant electricity rate increase is on the horizon, but there is something you can do to prepare and curtail costs.
Last July, PJM Interconnection, which manages the electric grid for the District of Columbia and 13 states including Ohio, announced a significant rise in capacity costs which increased from $2.2 billion to $14.7 billion for the 2025-26 delivery year, with further increases expected for the 2026-27 delivery year.
PJM cited the demand for artificial intelligence along with the growing presence of data centers, new market rules which include the transition to green energy, and the decommissioning of power plants as the cause for the increase which it will pass on to consumers.
According to PJM, its grid’s peak demand growth rate quadrupled between 2022 and 2024. The increased demand means that the current capacity could become inadequate by as early as 2027 and affect the grid’s reliability.
Capacity rates maintain grid reliability, ensuring that when demand is high, there is enough power to serve everyone which prevents blackouts. To do this, PJM must find power plants that can respond when extra power is needed, which it does at auction.
Five Steps You Can Take to Prepare Your Commercial Property for the Winter Months
November 21, 2024
As winter approaches in Ohio, ensuring that your commercial property is ready for the season isn’t just an option—it’s a necessity. With our expert guidance, you can prepare your commercial property for Ohio’s winter months and safeguard your investment. Simply adding these five steps to your commercial property checklist will help you to avoid costly issues, maintain operational efficiency and enhance the comfort and safety of everyone who steps foot on your property during the winter months.
INSPECT AND SERVICE HVAC SYSTEMSMaintaining a fully functional HVAC system is key to surviving Ohio’s cold snaps. If it’s going to happen – it usually happens when the thermometer approaches zero. But with a little preparation, you can circumvent surprises. By scheduling a seasonal inspection, you can ensure you’re aware of any problems that could potentially arise. It’s also a good idea to replace air filters and inspect ductwork to prevent uneven heating or airflow issues. Additionally, consider upgrading your thermostat for efficiency. Many newer thermostats allow you to monitor building temperatures remotely and have automated settings.
SEAL WINDOWS AND DOORS TO MAXIMIZE ENERGY EFFICIENCYPreventing drafts is one of the simplest ways to reduce energy consumption and skyrocketing energy costs in the winter months. Take the time to inspect all openings for cracks or gaps and apply weather stripping or caulk to problem areas.
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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!