Messer Truck and Van’s rapid growth created an urgent need for a larger, more strategically located facility—yet they were still bound by a multi-year lease at their existing site.
Third-party logistics (3PL) providers are no longer just a niche solution—they’re the backbone of modern supply chains. The convergence of e-commerce, cost efficiency, risk mitigation, and tech innovation has made 3PLs dominant players in industrial leasing.
What exactly are Market Leasing Assumptions (MLAs)? MLAs are essentially educated projections about future leasing activity. When a tenant approaches the end of their lease term, landlords rely on MLAs as a roadmap to anticipate what might come next.
In July, we released Part 1 of our series, where we explored why Central Ohio has become a national hotspot for data center development, driven by billions in investment from hyperscale players like Meta, AWS, and Google. In this issue, we’ll dig deeper into the benefits and challenges of this rapid growth and what it means for the communities.
On August 8, 2025, the United States crossed another milestone in what has become the most aggressive tariff environment in nearly a century. The new measures build on a series of sweeping trade actions this year, driving the average applied tariff rate from 2.5% in January to 18.6% in August. This dramatic shift sets the stage for a year marked by aggressive policy maneuvers, sector-specific shocks, and mounting global tensions.
If you’ve been following the U.S. industrial real estate market lately, you know it’s been a season of change. Across the country, things are slowing down—except, it turns out, in Columbus, Ohio. While some cities are hitting the brakes, Columbus is quietly gathering steam, carving out a reputation as a logistics powerhouse with energy you can feel on the ground.
Johnstone Supply, a leading HVAC parts and equipment distributor, was expanding its Columbus operations and needed additional industrial space on the west side of the city. Their goal was to better serve customers in that region while meeting specific requirements for showroom visibility and accessibility.
In 2021, the NAI Ohio Equities Industrial Property Team (IPT) assisted F5 Facilities in acquiring a 22,000-square-foot building at 4091 Venture Place, Groveport, Ohio. The property had one existing tenant, and F5 planned to occupy the remaining space, securing SBA financing to support the purchase. By 2025, F5 determined that the cost of occupancy was no longer aligned with their operational needs, prompting a strategic reassessment.tenants prefer full-building occupancy.