Northgate Retail Rezoning for 250 Acres in Sunbury Approved

On Wednesday, April 6th, the Sunbury Village Council unanimously approved rezoning for 250 acres as part of the 1000 acre retail, residential, office mixed use development Northgate Centre from agricultural to commercial. The rezoning decision was passed as an emergency. Many residents expressed concern at the measure passing as an emergency, but village attorney, David […]

Hamilton Rd and 161 – Hamilton Quarter

After 10+ years of round and round with the Army Corps of Engineers regarding wetlands then the 2008 crash, Hamilton Quarter will be the name. In far northeast Columbus and just east of New Albany on 320 acres of farmland will be Hamilton Quarter with 700,000 square feet of office, one million square feet of […]

1031 Exchanges – The Four Basic Rules

1031 Exchanges Given the glut of triple net retail, single tenant, S&P BBB rated or higher, replacement properties that have come on market over the last couple of weeks, we have plenty of net leased Walmarts, Walgreens, CVSs, 7-11s, etc. available, and at decent cap rates with long 10+ year leases. These are as perfect […]

Blog/website Under Construction

I had a blog site crash earlier this week, but got back it and running much faster than I thought I could.  I will be hiring some professional help to assist me in keeping the technical side up to date, but I’ll still be writing my content. Expect some hiccups over the next few weeks while […]

Short North Victorian Village White Castle development Ready to Go

Although it’s been scaled back a bit during the Victorian Village Commission approval process, the Borror Properties development 2nd and High Street is ready to roll with construction beginning in summer 2016. Final details such as lighting, signage and colors have yet to be approved and will be during the permitting process. During the commission’s […]

New Tax News for 2016 Regarding FIRPTA

FIRPTA increases from 10% to 15%. Currently if a foreign person sells United States real estate the buyer is required to withhold 10% of the gross sales price and remit this to the IRS. However pursuant to the Protecting Americans from Tax Hikes Act of 2015 closings as of February 16, 2016 the FIRPTA will […]

Columbus Commercial Construction Update

The Columbus commercial construction update, brought to you by Walker Evans at Columbus underground, highlights both existing and new projects in and around downtown Columbus. Columbus commercial real estate agents / commercial Realtors will be very happy to see this new product coming online. Although it means new commercial construction, but in many instances, not […]