Author: Rj Boll Realty

Rj BOLL Realty Sells 2170-2200 Dividend Dr. & Acquires Property Management

Rj Boll Realty

Rj BOLL Realty Sells 2170-2200 Dividend Dr. & Acquires Property Management

Rj Boll Realty’s Ray Boll and Jeff Boll, in conjunction with Wayne Asmus, recently closed the sale of the property located at 2170-2200 Dividend Drive in Columbus, Ohio. The property consists of 43,975 square feet of office/showroom space, and sold for $1,055,000.00. Since the sale, the building is undergoing a transformation with a complete exterior refurbishing. The property is being rebranded as Westbelt Tech Center, offering high-tech office/showroom space with glass store fronts for lease. The interiors will feature loft-style finishes with exposed ceilings, ideal for high-tech users, healthcare, pharmaceutical practices, and engineering firms.

Rj BOLL Management also procured the property management contract for this property. The management team is committed to ensuring superior service, cost-effective maintenance, and high tenant-retention.

Located just one mile from Roberts Road & I-270, and less than five minutes from I-70, Westbelt Tech Center is the perfect location, providing excellent access to major freeways. Various units with freeway frontage and signage are available from ± 3,220 square feet up to 12,450 square feet.

Picture of Property at 2170-2200 Dividend Dr. and Rj Boll Realty Acquired the Property Management contract

Read More

Columbus Office Market Report – Q2 2015

Rj Boll Realty

Columbus Office Market Report – Q2 2015

The Columbus Office Market has started to pick up steam in the second quarter of 2015 with an overall positive net absorption of over 485,000 square feet. The “Class A” office product posted the majority of that with over 382,000 square feet of positive absorption, due in large part to the delivery of the Columbia Gas building, which was fully occupied at the time. Vacancy rates for Q2 decreased from 14.6% to just over 13% in the second quarter of 2015.

A notable sale during Q2 was the office building at 350 Worthington Rd. The property consists of 48,000 square feet and recorded a sale of $4,175,000.00.
Read the Full Report

Read More

Columbus Industrial Market Report – Q2 2015

Rj Boll Realty

Columbus Industrial Market Report – Q2 2015

The Columbus Industrial Market continues to perform well into the second quarter of 2015 with a positive net absorption of 294,635 square feet. The overall market vacancy rate declined to 5.6%, down 0.1% from the previous quarter. Asking rates have remained constant, hovering around $3.10 NNN per square foot.

The Columbus Industrial market is expanding with over 3 million square feet of warehouse space under construction. Notable projects range from 250,000 square feet up to over 1 million square feet and are primarily focused in the southwest, southeast, and east sub-markets.
Read the Full Report

Read More

Baesman Group

Rj Boll Realty

Baesman Group

Rj BOLL Realty proudly represented Baesman Group on the purchase of a new auxiliary production facility at 3820 Zane Trace Drive, Columbus, OH 43228. Their new 98,500 square foot facility will allow Baesman to meet printing and fulfillment needs as the company continues to grow. More information about Baesman can be found at http://baesman.com/

Zane-Trace_Baesman.

Read More

Four Strings Brewery

Rj Boll Realty

Four Strings Brewery

Congratulations to Dan Cochran and Four Strings Brewery on their expansion into a 25,000-square-foot building on N. Hague Ave. The building will house a new brewing system that can make 8,000 barrels of beer a year, more than triple the Four Strings’ current capacity at 985 W. 6th Ave. The 6th Ave. taproom will be used to make one-off and odd beers, which will also remain open for business.

Dan contacted Rj BOLL Realty to help him with his search for a new brewery location. Rj BOLL Realty was vital in every step of the process from site selection through final negotiations. We look forward to watching Four Strings continue to grow and remain an industry leader in Columbus’ expanding craft beer market.

http://www.dispatch.com/content/stories/business/2015/05/01/columbus-brewers-bigger-plant-part-of-taking-beers-statewide.html

Read More