Rj Boll News
Vargo, Inc. Leases Office Space at 400 Metro Place Drive North in Dublin, OH
Ray and Jeff Boll recently negotiated the long-term lease for Vargo, Inc. at 400 Metro Place Drive North in Dublin, Ohio. The prime, Class A office space is located in the Metro Center Office Complex in Dublin. The highly visible building offers key-card access, underground parking, exterior video security monitoring, and numerous other tenant amenities. Vargo plans to move its central Ohio software team to this new location where it will have room to nearly double in size.
Vargo, Inc. is an engineering and software company specializing in the distribution and fulfillment industry with forty-seven successful years in the industry. Further information regarding Vargo, Inc. can be found at www.vargosolutions.com.
Rj BOLL Realty Celebrates Twenty-Two Years!
Rj BOLL Realty is proud to celebrate twenty-two years serving the Greater Columbus area. Thank you to all of our customers, employees, and agents for making our firm a trusted name in commercial real estate. Our valued relationships are the keys to our success!
Rj BOLL Realty Brokers Sale of 2625 International Street, Columbus, OH
Rj BOLL Realty’s Ray and Jeff Boll successfully negotiated the sale of the property located at 2625 International Drive, Columbus, OH. The 72,960 square-foot warehouse is situated on 5.75 acres of land. This property features a multi-tenant design, 24’ clear ceiling heights, with dock door and grade level door access. The property was sold as a sale/leaseback investment.
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.
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.
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.