Paul Johnson

Job growth in Cincinnati is soaring, and Beehive Industries is leading the charge! The aerospace startup’s recent move to 30,000 square feet marks a major expansion, and they’re planning to double their local workforce next year. This growth is a great reminder of how dynamic sectors like aerospace are driving job creation in the region. As companies like Beehive expand, they’re not just increasing their office space—they’re creating new opportunities for engineers, innovators, and skilled workers in Greater Cincinnati. It’s exciting to see how this region continues to nurture talent, especially with aerospace being such a strong industry here. #CommercialRealEstate #JobGrowth #LocalEconomy

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A new development is in the works that could change Louisville’s skyline. Plans for a 27-story Downtown tower called One Forty West have appeared on New York City-based commercial real estate development firm Zyyo’s website. The skyscraper would sit on the corner of 2nd Street at 140, 138 and 136 West Market Street. The location is across the street from the future Canopy by Hilton hotel, which is another Zyyo development and is currently under construction. Nick Campisano, founder and CEO of Zyyo, confirmed to Business First that his firm, in partnership with Hawley, Minnesota-based TruVine Companies, are in the early planning stages to build the estimated $175 million tower, featuring a 300-room hotel. These two firms are also co-developing the Canopy by Hilton. A Downtown tower of this magnitude would be the first in Louisville since the 30-story Omni Louisville Hotel opened in 2018. Campisano said the success Zyyo and TruVine have had in constructing the Canopy by Hilton have given them the confidence to move forward with the One Forty West project, which he said has been in the works for two years. He said the two hotels will compliment each other, while capitalizing off of the growth of Bourbonism and the renovation of the Kentucky International Convention Center. While a hotel brand has yet to sign onto the tower, Campisano said he is in discussions with major brands to create a hotel experience not currently available in the Louisville market. Plans on Zyyo's website call for a hotel, with a restaurant on the ground floor and a bar on the rooftop. The third floor would feature a grand ballroom, meeting rooms and administrative space. The first four floors share the same footprint, rising up to a pool deck and bar, according to the plans. A narrow tower encompasses the remaining floors. The outside of the tower appears to have large glass windows, with a glass canopy covering the entry. #commercialrealestate #expansion #economicdevelopment #Louisvillerealestate #hotels

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Looking for strong stocks under $20 bucks? MarketBeat's Christopher Markoch has you covered with his three picks under $20.00. Check out his latest article.

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The industrial market has returned to positive absorption after a weak Q1 2024. Despite slow activity for bulk distribution, the 200k SF and smaller industrial market remains strong in Central Ohio, with lease rates and sale prices remaining at new market highs. There continue to be manufacturing prospects in the market, and utility capacity is expected to be an ongoing challenge for many projects. Download the full report here: Trends | Research Resource (yourresearchresource.com)

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Connecting with fellow industry professionals, particularly those in the industrial and logistics sectors, is always a rewarding experience. These conversations help us identify what’s working well and uncover pain points, driving continuous improvement for everyone involved and many others we consult with daily. https://lnkd.in/gU4HfSAw

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Trending in Apartment Rent Growth! Detroit, MI leads the nation with a 4.0% YoY increase in effective rent growth for new leases, while Cincinnati, OH ranks #12 at 2.6%. This data from Madera Residential and RealPage Market Analytics.

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WDIS Midwest is pleased to present the opportunity to acquire River View at Bexley, a 49 unit, low density BFR style community. Located in the prime Columbus suburban submarket of Bexley, Ohio, offering spacious two and three bedroom BFR style units with vaulted ceilings, private entries, and two-car attached garages. These highly desirable and differentiated floorplans are ideal for families and professionals seeking a suburban lifestyle with convenient access to nearby amenities and area employment centers. The property presents a significant opportunity for upside through the implementation of a thoughtful value-add program. Investors can enhance unit interiors to command higher rental rates and improve overall asset performance. Situated in a supply-constrained market, the property benefits from limited new developments in the area, ensuring strong tenant demand and low vacancy rates. This creates an ideal environment for strong future rent growth and stable cash flow. Immediate Mark-to-Market Opportunity: With in-place rents well below market at only $1,636 ($1.16/sq. ft.), there is an immediate $200+ per month mark-to-market opportunity to be in line with comparable BFR style product within the area. Market rents were increased to $1850 for the 2BRs and $2100 for the 3BRs in mid-September and they are already signing leases at these rent levels.  Clear Value-Add Upside: The property offers a clear opportunity for value-add renovations. With thoughtful interior upgrades and minor tech enhancements, these improvements would result in rent increases of an additional $150 to $200 per month in addition to the mark-to-market increase.    CA Link: https://lnkd.in/gkd8MaKp Todd Stofflet Matt Jones Steve LaMotte, Jr. Jeff Stingley Ryan Pena Dane Wilson Ross Wettersten

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More than just a tool for negotiation, higher tariffs would be an end unto themselves. By one estimate, tariffs could reach their highest level since the 1930s. #westmichigan #cfos #westmichiganbusiness #realestatedevelopment #economicoutlook #outlook2024 #business #westmichigan #grandrapids #holland

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Lorain county airport , Ohio

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Delaware, Ohio based American Freight Appliances & Furniture has announced it will be closing its 370 stores and corporate headquarters. https://lnkd.in/gbEvr72A

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Oats Overnight is stepping up its commitment in Ohio with a major expansion to meet rising demand. The company just secured 130,000 square feet in West Chester, Ohio, more than doubling its footprint to support its high-growth trajectory. With 179 new jobs on the horizon, this expansion is more than just square footage—it’s a sign of a company on the move. After just a year in Greater Cincinnati, Oats Overnight is now handling not only fulfillment but also production locally. It’s a move that not only boosts efficiency but positions the company to keep delivering on its promise of convenient, nutritious breakfasts. #Cincinnati #Growth #CommercialRealEstate

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📢 In case you missed it.... Our latest Industrial Research Reports for Cincinnati & Dayton are live! Despite their close proximity, the data reveals significant differences between these two markets that may surprise you... Cincinnati Industrial: https://ow.ly/Ue3w50T1tbB Dayton Industrial: https://ow.ly/wpOn50T1tc0 #I75Advantage #IndustrialCRE #CREInsights #MarketInsights #ColliersResearch #CincinnatiIndustrial #DaytonIndustrial #IndustrialRealEstate

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📢 In case you missed it.... Our latest Industrial Research Reports for Cincinnati & Dayton are live! Despite their close proximity, the data reveals significant differences between these two markets that may surprise you... Cincinnati Industrial: https://ow.ly/kyGU50T1th4 Dayton Industrial: https://ow.ly/GT8250T1th3 #I75Advantage #IndustrialCRE #CREInsights #MarketInsights #ColliersResearch #CincinnatiIndustrial #DaytonIndustrial #IndustrialRealEstate

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Buying Your First Home? Here Are 16 Tips to Buy Like a Pro Contact me to discuss the latest scoop in real estate! #kansas #kansashomes #kansasrealestate #kansasrealtor #kansashousing #kansasrentals #housing #realestate #realtor #kansasrealtor

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Back on Market | St. Germain Storage Portfolio | St. Germain, WI DEAL SUMMARY   LIST PRICE   $1,750,000 NRSF             41,005 UNITS 169 ACRES 6.326 LOCATIONS 2   INVESTMENT HIGHLIGHTS   PRIME LOCATION // Both sites are located just off HWY 70 with vehicle counts exceeding 5,700 per day. Marquee Sign on HWY 70 as well. ​ MANAGEMENT OPPORTUNITY  // Opportunity for a new owner to automate the overall operation; by automating the rental process further, by utilizing the DaVinci lock system. ​ ADD VALUE OPPORTUNITY // The current ownership does not charge late fees, admin fees, nor do they offer tenant insurance. These ancillary items can be implemented day one by a new owner. As well as a new owner can add another building to the 7466 location. ​ RENTAL RATE OPPORTUNITY // With historically high physical occupancy, a new owner will be able to increase the advertised street rents on day one, which will allow them to improve the in place rental rates as well. ​ MARKETING OPPORTUNITY // Current ownership does not do any marketing, with it being a lake community, new ownership can add SEO, allowing to keep occupancy high while increasing rental rates.   INVESTMENT SUMMARY   The two property portfolio consists of 169 total units across 9 buildings totaling 41,005 net rentable square feet. The 7466 location sits on 5 acres and is improved by 6 buildings with one of the buildings being used as boat storage, where the customers pull their own boats in and out of the building. The additional land at this location is currently being utilized with parking, but a new owner could build further square footage. This location also includes a rental office, that could be converted back to a unit if a new owner chooses to not utilize it. The 6147 location sits on 1.4 acres and is improved by 3 buildings. Both locations offer LED lighting, and a security camera system for 24 hour monitoring. The acquisition of St Germain Storage offers a qualified investor with the opportunity to acquire a turn-key two property self-storage portfolio. An investor can benefit by adding value through improving the in place rental rates, adding admin fees, late fees and tenant protection, adding further square footage, and along with improving / automating the overall management process. Access the Offering Memorandum on our website at https://lnkd.in/gYYJ_BMg Listed By: EquiCap Commercial 1001 E. Main St - Unit E St. Charles IL, 60174 NAI Pfefferle 200 E. Washington St - Suite 2A Appleton, WI 54911 Presented By: Scott Rihm EquiCap Commercial 630.669.5625 [email protected] Jonathan Glassco NAI Pfefferle 920.205.4849 [email protected] #SelfStorage #SelfStorageBroker #SelfStorageBrokerage #InvestmentCRE #SelfStorageInvestment #EquiCapCommercial #SelfStorageOpportunities #SelfStorageforSale #WisconsinSelfStorage

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Manufacturing construction spend has increased tremendously over the past several years. In today's Thesis Driven, Hunter Hopcroft tackles the reindustrialization trend and its implications. Surprisingly, the biggest investments in new manufacturing aren't happening in the trendiest sunbelt markets. Rather, the midwest and the Southeast are seeing the greatest gains. But headwinds from skilled labor shortages and regulatory barriers - particularly NEPA and the Clean Air Act - limit the pace of America's reindustrialization. Ultimately, the growing role of manufacturing will benefit real estate investors with a holistic view of the market, where data from one side of their business - industrial, for example - can inform investments elsewhere, such as multifamily. Full letter linked in comments!

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Strong #office leasing trends in Manhattan that we are also seeing in Central Iowa: - Customers seeking higher quality buildings, - Customers growing their office footprints, - Downsizing and subleasing declining

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The Metro Detroit office vacancy rate climbed 10 basis points to 22.3% during the second quarter of 2024, as just over 60,000 SF of net vacancies were added to the market. The bleeding appears to be slowing down in the office market when compared to 2023. The first two quarters of 2024 saw 328,000 SF in net vacancies compared with 1.5 million SF mid-2023. Newmark Detroit

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