Round Hill Furniture – Expansion and Relocation

Round Hill Furniture – Expansion and Relocation

ZaneTrace_RHF

Rj BOLL Realty would like to congratulate Round Hill Furniture on their recent purchase of 3640 Zane Trace Drive, Columbus, OH 43228 (pictured above); a 200,000 square foot distribution warehouse on the west side of Columbus, more than double the space of their current central Ohio distribution space. Round Hill Furniture was established in 2001 in Columbus, OH and is one of the largest wholesale distributors of bedroom sets, dining, living room, and accent furniture in the mid-west. Round Hill Furniture is dedicated to providing its clients with expertise and reliability that comes from twenty years’ experience in furniture import and wholesale.

Round Hill Furniture has continued to grow year after year and as a result they have out grown their current 95,000 square foot building located at 5357 Crosswind Drive, Columbus, OH 43228. Ray Boll and Jeff Boll of Rj BOLL Realty were vital in identifying the property and negotiating the final terms of the sale, and have been retained to list Round Hill Furniture’s current building while they transition into the new facility.

Listing information can be found in the links below:

http://www.loopnet.com/lid/19472141 РSale Information

http://www.loopnet.com/lid/19472148 РLease Information

 

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Columbus Commercial Market Report – Q3 2015

Columbus Commercial Market Report РQ3 2015

For the 3rd Quarter of 2015, the Columbus Industrial and Office Markets continue to remain strong with historic low vacancy rates as inventory continues to be leased and sold. For the first time in over a year, the Industrial Market had a negative absorption rate, which raised the overall vacancy slightly to 7.02% from 6.28% last quarter. In contrast, the Office Market had an overall positive absorption of over 243,000 square feet, dropping the vacancy rate, for the second consecutive quarter, from 13.7% to 12.8%.

With inventory dwindling, several developers are seizing the opportunity for more speculative projects. There is currently over two million square feet of industrial space under construction. It will be interesting to see how all of the current activity will play out through the rest of 2015 and into 2016. To read the full market reports, click the links below.

 

Columbus-2015Q3-IND

Columbus-2015Q3-OFF

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