Category Archives: Ohio

Mixed Use Development Proposal for Clintonville Olympic Swim Club Site

multifamily apartments, net leased retail

No, it’s not a proposal for Columbus to host the 20xx Olympics, but it is a large 152 unit mixed use development with ground floor mixed use retail and possibly office with three floors of multiunit residential on top in Clintonville to be named the Olympic.  And finally something a little different in architecture for…

Polaris Area Restaurants Booming

There’s lots new cooking up around Polaris between new openings and under construction projects of polished casual and fast casual restaurants. Latest two to have opened are the Roosters at 1041 Gemini Place and  Matt the Miller’s Tavern at 1436 Gemini Place.   The polished casual bar and grill is not at now at four locations,…

Dublin, Ohio Arthritis Foundation Charity Car Show

For the 32nd annual show there was a record turnout last weekend with around 1,400 cars present, including me of course.   The perfect weather with no rain and moderate temperatures surely helped. As I’ve written about here many times, Dublin, Ohio has some big plans ahead for the revitalization of Dublin Granville Road from Sawmill…

Ohio State University South Campus Gateway Expansion.

columbus commercial real estate for sale and lease

Ohio State University plans to start the rezoning process for the Campus Partners for Community Urban Redevelopment properties on 7 acres immediately south of the existing South Campus Gateway.  This will be mixed use including ground floor retail with office space and residential above. The rezoning process will begin next month and is expected to be…

Retail parcel zoned for retail/restaurant needed in southern Delaware County, Ohio

Triple net retail leased restaurant client needs 3/4 acre up to 2 acres for fast casual restaurant use on route 23 in southern Delaware County (Columbus north) from approximately Orange Road up to Sandusky Street.   Zoning needs to already be commercial/retail.  Out parcels in front of Menard’s or Kroger’s preferred.  Build to suit opportunity, fine….

Panera Opens Dedicated Facility for Catering on Bethel Road in Northwest Columbus

Panera has repurposed their old Columbus area offices on Bethel Road into a centralized catering facility employing 40.  Based in Warren, Covelli Enterprises’  Panera Bread franchisee has been a hugely successful Columbus area net leased fast casual restaurant with 23 area locations. The Columbus area Panera catering business has grown to 10% of their revenue…

Columbus Ohio 2014 Festival Schedule

columbus commercial real estate

If there’s thing that we really do well in Columbus Ohio, it’s the festivals that run from spring to mid autumn. At the link, thanks to Columbus Underground and specifically Anne Evans, is a complete, well researched directory to all of the events. I’ll link directly to some of them, but for the full list,…

Another Cincinnati Restaurant Favorite to Open in Columbus

Columbus triple net retail

The Columbus net leased restaurant market is getting another out of town addition, and again it’s from Cincinnati. Brian Ellis, president of Nationwide Realty Investors Ltd announced that Cincinnati restaurateur, Nada is taking the 6,000 plus square foot space at the new Columbus Gas of Ohio building at 240 Nationwide Blvd. Nada will be the…

How about a grilled cheese and tomato soup?

tom & chee

Central Ohio newcomer Tom & Chee with what’s being called “the ultimate grilled cheese experience” is planning up to ten fast casual type restaurants in Central Ohio with two opening this year. Tom & Chee has received national attention for primarily one specialty: the grilled cheese donut. It’s cheddar cheese melted between a glazed donut….

Construction Well Underway for the Worthington Road Extension

Westerville net leased retail

Work began a couple of months ago on the Worthington Road extension that will run from Polaris Parkway at the top of the photo south to County Line Road at the bottom of the photo. Design of the $6.3 million project began in 2012 with completion expected by November of this year. Utilities and sewer…

Columbus Ohio – Rust Belt Becomes Recovery Belt

Steve Steinour who coined the term ‘recovery belt’ after arriving in Columbus five years ago to head up then struggling Huntington Bancshares.  I think he’s been thoroughly impressed with the breadth and depth of not only Columbus and Central Ohio’s recovery , but Ohio as a whole. “We had our challenges, to be sure –…

March 2014 – Commercial Construction Update for Columbus and Central Ohio

I’ll link shortly to Walker Evans at Columbus Underground for his summary of the current progress of Columbus commercial real estate for sale and lease. True, the weather has had huge effect on many of these projects, but now that hopefully it’s getting warmer, there will be much progress in the coming months.  We sure…

Proposal for High End Single Family Homes for Northwest Columbus’ Riviera Golf Club

Developer Charlie Ruma with Davidson Phillips Inc. proposed zoning changes to Dublin’s Riviera Golf Club.  The developer wants the golf club rezoned to single family housing was met with fierce opposition from NIMBYS last Thursday night at the Dublin Planning Commission meeting. Backed by a rather loud group of 150 from a group named Friends…

Greater Columbus Convention Center to Get Facelift

One big weakness in Columbus that hasn’t been addressed yet is the dowdy convention center.   And here we are trying to attract the 2016 GOP National Convention or even the DNC?  With what? Cleveland just completed a half billion dollar new convention center.  Indianapolis just invested $275 million in theirs.  Nashville just opened their $600…

Westerville Planning Commission Turns One Down

On February 26th , the Westerville Planning Commission voted down by  4 – 2 a proposal from Romanelli and Hughes for rezoning a 23.6 acre parcel at 645 and 655 N State from Rural Residential to Planned Neighborhood District. The project was going to be a mixed multifamily and single family development of a 141…

New Gourmet Donut Shop Across From OSU Student Union

columbus net leased retail

Thanks to Columbus Underground, I found something I probably should stay away from.  Thankfully, at 1716 N. High, it’s a long way away from me in Westerville so I’m likely safe.  It’s right across the street from the Ohio State University Student Union next to the Newport.  Its hours at 9:00 AM to 4:00 PM…

Owner User Commercial Real Estate Making a Comeback

Well into the early stages of a recovery, companies seeking to raise funds will sell their property to investors and lease back the space.  However, lately, with increased financing options and a constrained supply available companies are warming to the idea or owning their commercial real estate once again. I’m seeing this with Columbus commercial…

Columbus and Central Ohio Employment Forecast for 2014

Columbus and Central Ohio can expect job growth far above the average in Ohio and above the national average.   The region is expected to add 18,200 jobs this year, which is a gain of 1.9 percent according to Bill LaFayette, owner of the Regionomics consulting firm.   He also says that this is his strongest forecast…

Columbus Short North, triple Net Retail Restaurant Tenant Signs Early for Fireproof Records Project

The Columbus based pizza chain, Pies and Pints, has leased 4,500 square feet of Columbus commercial retail real estate  at 1024 N High in the Short North. The Short North was on the wish list for Pies and Pints since Rob Lindeman and Lexington, Ky.-based Blue Fire Capital bought the existing two-restaurant chain in 2011.  The…

2013 Commercial Real Estate Review

It’s that time of the year again when everyone and their mother posts their yearend review for 2013 and/or forecast for next year, 2014.  I’m not going to do that, but instead linked is Deloitte’s 2014 commercial real estate forecast, which is long, detailed and usually fairly accurate.  I will summarize and editorialize a bit…