In 2025, the NAI Ohio Equities Industrial Property Team (IPT) assisted the owner of 2211 S James Road in Columbus, Ohio, with repositioning a vacant 11,875 SF industrial property after the owner consolidated operations.

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.

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.

Congress just passed the “One Big Beautiful Bill Act” (H.R1). While headlines focus on sweeping tax reforms and economic stimulus, industrial landlords—especially in manufacturing-heavy states like Ohio—should be paying close attention.

Our Industrial Property Team was proud to attend the 2024 Commercial Recognition Awards, hosted by Columbus REALTORS® at The Event Center at Mitchell Hall. The evening was filled with laughter, camaraderie, and celebration—thanks in large part to emcee Carole Greenzalis, who kept the crowd entertained throughout the night.

2024 has been a challenging year for the logistics sector. With the port strike, back-to-back hurricanes, and ongoing infrastructure issues, shippers will need to be agile and strategic to navigate the turbulent waters ahead.

Being involved in your industry can have a profound impact on your career, not only for business growth but also for personal development. Whether it’s joining professional organizations, participating in networking events or volunteering your time, active engagement in your field brings numerous benefits.

Earlier this year, Costar published an article stating demand for warehouse space is at its lowest point since 2010. Vacancy rates are up, and lease rates have leveled off with rent concessions on the increase. Construction costs are decreasing, and most building materials are readily available.

“How’s the market?” That’s the number one question brokers get asked. Most brokers will respond with simple data, like the current vacancy rate, and then talk about a few other metrics and maybe a recent deal. I have been guilty of this as well, so this week I dove into some CoStar data to better illustrate where the vacancy is in today’s market.