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Updated almost 4 years ago on . Most recent reply

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Calvin Watkins
  • Realtor
  • Columbus. OH & Dayton, OH
35
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36
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Calvin Watkins
  • Realtor
  • Columbus. OH & Dayton, OH
Replied

I can piggyback off of the above replies and also throw out that for straight commercial properties, Columbus is very investor friendly in terms of getting anchor companies to sign leases with incentives to bring jobs. If you have a renter or company lined up that needs space you can negotiate with the city or smaller jurisdictions to incentivize the move. 

Columbus historically resists recession in terms of population growth so for companies trying to sell goods or house office space there is always a demand. I know also with the recent work from home switch a lot of places are going through, large companies are not needing as much office space meaning the owner of the property will likely have vacancies coming up. This lends the opportunity to new investors to come in during a time of lower cashflows and offer on a property that should be cheaper as the CAP Rate is not as great in the short term.

I hope this helps!

  • Calvin Watkins
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