Red, White & Boom 2016!

 

The 36^th annual Red, White & Boom will light up the Columbus sky on July 1, 2016.  This all-day event attracts over 400,000 people to downtown Columbus to celebrate our country’s Independence Day.  This exciting celebration began in 1981 when 30,000 people gathered in Bicentennial Park to watch a small fireworks display.  It has boomed into what is now the largest single-day event in Columbus, featuring the most recognized firework display in the Midwest.  Each firework is custom made for Red, White and Boom.  Festivities begin at 11 am, and conclude with the Grand Finale Fireworks, presented by Marathon at 10 p.m.  Some of the activities featured during this event include Columbia Gas’ Children’s Park, Arena District’s Taste of Boom, the Ford Oval of Honor Red, White & Boom! Parade at 6pm, and numerous musical acts on four different stages.  For details on parking and activities, go to www.redwhiteandboom.org.

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ZOOFARI 2016 – One Wild Night!

The Columbus Zoo’s premier fundraising even returns!  Zoofari, presented by Nationwide Insurance, is Columbus’ best summer party.  It will be held on June 18, 2016, 7:30 p.m. – 1:00 a.m. at the Columbus Zoo, 4850 Powell Road.  This is the Zoo’s annual, adults-only fundraiser featuring more than 100 central Ohio restaurants and bars serving appetizer portions of their signature dishes and specialty drinks.  Guests “graze” their way through the Zoo enjoying live entertainment on multiple stages scattered throughout the Zoo grounds.  So, get out to Zoofari and support our Columbus Zoo!  It’s a whole new park after dark!  For tickets and more information, visit the Columbus Zoo and Aquarium’s Web site at www.columbuszoo.org.

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6500 Huntley Rd. Sold by Rj BOLL Realty

Wayne Asmus and Keith Joseph of Rj BOLL Realty represented the seller on the sale of 6500 Huntley Road, Worthington, Ohio.  This property consists of 53,560 Square Feet of single-tenant office/warehouse space.  It is located in a prime Worthington location, just south of Schrock Road; +/- one mile to I-71 and less than 3 miles to I-270.

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Rj BOLL Realty Sells Westbelt Commerce Center

 

Ray and Jeff Boll recently negotiated the sale of Westbelt Commerce Center, located at 1685-1781 Westbelt Drive in Columbus, Ohio.  Keith Joseph of Rj BOLL Realty represented the buyer on this transaction.  Keith, with the assistance of Property Manager, Terri Foley, advised the buyer on the investment analysis for this property.  The 114,750 Square Foot multi-tenant office/warehouse is currently 100% occupied by twelve tenants.  Rj BOLL Management has successfully managed and leased the property for over 13 years.  Rj BOLL retained the property management after the sale, continuing to provide meticulous maintenance and professional management for the new owner.

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The Memorial Is Back!

It’s that time again… The Memorial Tournament, presented by Nationwide, returns to Dublin May 30-June 5, 2016.  This annual golf tournament attracts the PGA’s best golfers to Columbus for a week of play at the Jack Nicklaus-designed Muirfield Village Golf Club in Dublin.  This distinguished tournament showcases the world’s best golfers competing on one of the most challenging venues in the world for the enjoyment of spectators.  The tournament benefits numerous greater Columbus charities in alliance with the Nicklaus Children’s Healthcare Foundation, Nationwide Children’s Hospital, and many other local organizations.  Head over to Dublin for a fun and relaxing day of PGA golf.  For more information, go to www.thememorialtournament.com.

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Acoustic Ceiling & Partition of Ohio Acquires 691-697 Green Crest Drive in Westerville, OH

 

 

 

Rj BOLL represented Acoustic Ceiling & Partition of Ohio (ACP) on the acquisition of its new location in Brooksedge Corporate Center at 691-697 Green Crest Dr., Westerville, Ohio.   This 19,320 square foot multi-tenant investment property will be the relocation site of ACP’s Columbus division.  ACP will occupy 10,000 square feet of remodeled space within the building.  Two additional tenants occupy the building: Archive Data Solutions, LLC and Kingfisher Medical, Inc.  In addition, Rj BOLL Realty assisted ACP on the sale and disposition of its existing Dublin facility at 7686 Fishel Dr., consisting of 10,902 square feet of office/warehouse space.

Located in the Brooksedge Corporate Center, ACP’s new locations is conveniently situated near the intersection of Schrock Road and State Street, with close proximity to Uptown Westerville; easy access to I-270, I-71 and SR 161.

For additional information on ACP visit www.acpohio.com

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Columbus Commercial Market Report – Q1 2016

 

 

The Columbus Commercial Market is starting 2016 off with a bang! Rental Rates continue to rise and vacancy rates are steadily dropping from what was reported in 2015. Both the Office and Industrial Markets are poised to continue to show strong numbers as the inventory shrinks.

The Columbus Office Market experienced a positive net absorption of over 203,000 square feet in the First Quarter. The vacancy rate fell from 14.1% in Q4 2015 to just under 12% in Q1 2016. Eight new office buildings, totaling 1.3 million square feet, are currently under construction.

The Southeast Industrial Sub-Market showed the highest level of net absorption at just over 1.4 million square feet. Subsequently, vacancy rates fell this Quarter to 6.6% from 6.8% in Q4 2015. The Industrial Market currently has 3.4 million square feet of warehouse space under construction. Included in that, Amazon has 1.8 million square feet in development in the Southeast and Licking County Sub-Markets.

You can read the full market reports below.

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AMG Peterbilt Purchases Truck Maintenance Facility at 3815 Zane Trace Drive

 

 

Ray and Jeff Boll of Rj BOLL Realty represented AMG Peterbilt in its recent acquisition of a new truck maintenance facility at 3815 Zane Trace Drive.  This facility provides 15,736 square feet of space, situated on 2.18 acres of land, for AMG Peterbilt to utilize in its truck maintenance, sales, leasing, and service operations.

AMG Peterbilt is a full service Peterbilt dealership, offering new & used truck sales, heavy duty truck parts, and full-service repair, as well as truck rental/leasing.  This new location provides an excellent west-side location, one exit north of I-70 at the new Roberts Rd. and I-270 interchange.  AMG Peterbilt has three other locations in Plain City, Dublin, and Marietta, Ohio.  More information about AMG Peterbilt can be found at www.amgpeterbilt.com

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Columbus Commercial Market Report – Q4 2015

 

For Q4 of 2015, the Columbus Industrial Market continues to report strong figures as the inventory continues to be leased and sold at pre-recession rates.  The overall vacancy rate remained relatively steady at 6.7%.  The Southeast Industrial Submarket recorded the highest level of net absorption for the quarter with over 1.7 million square feet.

The Office Market reported a vacancy rate of 12.3%, similar to the rates seen in Q3 of 2015. The Central Business District (CBD) Office Submarket reported at positive net absorption of 53,868 square feet.  To read the full reports from Xceligent, click the links below.

With inventory dwindling and the market becoming tighter and tighter, now is the time to lease or buy.  Contact the trusted professionals at Rj BOLL Realty to help you search, select, and secure your ideal space today.

 

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Rj Boll Realty’s Twenty-Year Anniversary

 

 

Rj BOLL Realty is proud to celebrate twenty 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!

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