Rj Boll News

Delta Energy Services Leases New Space in Dublin

Delta Energy Services Leases New Space in Dublin

Delta Energy Services has leased 8,411 square feet of office space in the 119,354 square-foot building located at 545 Metro Place South in Dublin, OH. Ray and Jeff Boll negotiated the lease for Delta Energy Services, which was recently acquired by Edison Energy. The space provides a state-of-the-art facility, Class A office environment. The building features underground parking.

Delta Energy Services’ new offices are conveniently located in the Metro Place Center office complex off of Frantz Road in Dublin, OH, less than a mile from SR 33 and I-270.

Delta Energy Services, as part of Edison Energy, is an independent advisory and services company with the capabilities to develop and integrate an array of energy solutions across supply and demand for the largest energy users nationwide.

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Columbus Commercial Market Report – 2Q 2017

Columbus Commercial Market Report – 2Q 2017

The Columbus Commercial Market recorded negative absorption figures in both Industrial and Office during 2Q 2017.

The Columbus Industrial Market recorded 640,527 Sq. Ft. of negative absorption during 2Q 2017, which was down from the positive net absorption of 612,835 Sq. Ft. that was recorded during 2Q 2016. The total vacancy rate has decreased from 6.4% in 2Q 2016 to 5.4% at the close of 2Q 2017. Under construction activity continued to be strong in the Columbus Industrial Market. At the close of 2Q 2017 there was over 4.3M Sq. Ft. under construction.

The Columbus Office Market recorded 5,727 Sq. Ft. of positive net absorption during 2Q 2017, which was down from the positive 12,621 Sq. Ft. recorded during 2Q 2016. The total vacancy rate has increased to 12% at the close of 2Q 2017 compared to the 11.5% at the close of 2Q 2016. The Columbus Market has over 1M Sq. Ft. currently under construction.

If you are interested in finding out more about the Columbus Commercial Market, or need to find the perfect space for your company, contact the professionals at Rj BOLL Realty and discover why we’re Central Ohio’s Elite Commercial Real Estate Firm.

Columbus Market 2Q17 (Office)

Columbus Market 2Q17 (Industrial)

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Bru Burger Bar Comes to Columbus

Bru Burger Bar Comes to Columbus

Rj BOLL Realty’s Keith Joseph recently secured a long-term lease for Bru Burger Bar’s premiere Central Ohio location at 691 N. Cleveland Avenue in Westerville. The two-story, 6,119 square-foot build-to suit space is located within a new 14,500 square-foot retail strip being developed by Trivium Development, LLC. This high-profile location is situated on the southwest corner of Polaris Parkway and Cleveland Avenue. Bru Burger Bar, an upscale burger concept, is part of the Indianapolis-based Cunningham Restaurant Group. The restaurant is set to open February, 2018.

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Birchwood Foods Leases Expansion Property

Birchwood Foods Leases Expansion Property

 

Rj BOLL Realty’s Ray and Jeff Boll successfully negotiated the long-term lease for Birchwood Foods’ expansion location at 1709-1763 Dividend Drive, Columbus, OH. Birchwood Foods is leasing the entire 52,800 square foot office/warehouse building for its warehouse and distribution operations. Birchwood Foods owns the production facility adjacent to this building. The building features 11 dock doors and 9 drive-in doors; it is owned by Meritex, based in Minneapolis. Located in the Westbelt Industrial Park, the property is approximately 1 mile from the I-270 and Roberts Road interchange; 2.5 miles from I-70 and Hilliard-Rome Road interchange. Birchwood Foods is a top provider of fresh and frozen ground beef patties and fully-cooked proteins to both foodservice and retail industries. Please visit www.bwfoods.com to learn more about Kenosha Beef.

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Columbus Commercial Market Report – Q1 2017

Columbus Commercial Market Report – Q1 2017

 

 

The Columbus Commercial Market saw negative absorption figures over both Industrial and Office during Q1 2017.

The Columbus Industrial Market recorded 339,807 Sq. Ft. of negative absorption, down from a positive net absorption of 1.8 Million Sq. Ft. during Q1 2016. Total vacancy rate as decreased from 6.2% to 5.2%. Under construction activity continued to be strong, at the close of Q1 2016 there were 3.8 Million Sq. Ft. under construction compared to over 2.4 Million Sq. Ft. at the close of Q1 2017.

The Columbus Office Market recorded 16,292 Sq. Ft. of negative net absorption which is down from the 212,00 Sq. Ft. recorded during Q1 2016. The total vacancy rate decreased from 11.5% compared to 11.2%. There are currently over 1 Million Sq. Ft. under construction.

If you are interested in finding out more about the Columbus Commercial Market, or need to find the perfect space for your company, contact the professionals at Rj BOLL Realty and discover why we’re Central Ohio’s Elite Commercial Real Estate Firm.

Columbus-1Q17-IND

Columbus-1Q17-OFF

 

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Rj BOLL Realty Assists in Commercial Works’ Expansion

Rj BOLL Realty Assists in Commercial Works’ Expansion

 

 

Ray and Jeff Boll proudly represented Commercial Works, Inc. in the sale of its property at 255 S. Post Road, Indianapolis, IN.The 55,043 square foot building, situated on 5.5 acres, sold for $1,975,000. Commercial Works had outgrown this space, and was in need of a new facility.

Simultaneously, Ray and Jeff secured a long-term lease commitment for 88,576 square feet of warehouse/distribution space at 5150 Decatur Blvd. in Indianapolis, providing a quick, effective solution to Commercial Works’ expansion needs.

This disposition and acquisition facilitated by Rj BOLL Realty occurred in the short span of five months, allowing Commercial Works to seamlessly respond to its company’s growth.

About Commercial Works

Commercial Works is a business relocation specialist and commercial office furniture dealership specializing in the products, services, and management needed to provide a successful relocation. In over 40 years of business, Commercial Works has accumulated a broad range of experience, and refined the necessary skills to handle the challenges of any commercial relocation project. Commercial Works’ team provides creative options and high-quality, value-priced furniture through its “quick ship” program. Commercial Works has grown from a single location in Columbus, OH to a national service provider with eight additional regional offices: Charlotte, NC; Cincinnati, OH; Cleveland, OH; Indianapolis, IN; Louisville, KY; Orlando, FL; and Raleigh, NC.
Commercial Works

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Fisher Plaza Sale

Fisher Plaza Sold by Rj BOLL Realty

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Mike Grenert with Rj BOLL Realty recently negotiated the sale of Fisher Plaza located at 801-819 Phillipi Road in Columbus, Ohio.  The four-building complex totaling 120,679 square feet, situated on 7.8 acres, is demised into 25 separate suites ranging in size from 1,970 to 15,132 square feet.  The property sold for $4 Million and is highlighted by a diversity of high-quality tenants.  The property will be rebranded  as Phillipi Park.

Rj BOLL Realty is proud to have also procured the Property Management contract for Phillipi Park.  Rj BOLL is dedicated to providing superior service and cost-effective maintenance, resulting in high owner/tenant satisfaction.  Mike Grenert will continue to be the leasing agent for the property. For leasing information, Mike can be reached at 614-799-2100.

Phillipi Park is conveniently located on the west side of Columbus at the corner of Fisher Rd. and Phillipi Rd., approximately 1.5 miles from I-70 and less than 3 miles from I-270. The property is well-positioned with almost 100% occupancy.

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