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The Sheeran Semon Team has been featured multiple times in Columbus Business First
LA developer proposes affordable housing, co-working for mothballed Fort Rapids - but no water park
By Carrie Ghose – Staff reporter
Columbus Business First
The Los Angeles developer seeking to redevelop the vacant Fort Rapids Water Park recently opened its first affordable apartments and attracted competing financial backers after overcoming five years of skepticism.
Repvblik LLC develops affordable housing without using tax credits, saving on construction costs by repurposing vacant hotels and commercial structures.
CEO Richard Rubin redeveloped properties in his native South Africa for more than a decade before bringing the concept to the U.S. in 2015.
See inside the renovated
Worthington Inn, now on the
market for $4 Million
By Emily Bench – Staff reporter
Columbus Business First
The nearly 200-year-old building long home to the Worthington Inn is on the market, and we've got your chance to walk through it – virtually, of course.
The historic Worthington building is being listed for sale by NAI Ohio Equities for $3.9 million, as Columbus Business First was first to report late last month. The owners say they're looking for an "upscale dining tenant for the first and possibly lower levels, which also include a wine cellar and intimate bar," according to a news release with photos of the renovated space.
Vacant Fort Rapids site hits
the market for $6.5 Million
By Ashton Nichols – Staff reporter
Columbus Dispatch
The former Fort Rapids Indoor Waterpark Resort site has been listed for sale for $6.5 million.
The 16.5-acre site off Hamilton Road and Interstate 70 includes 330 rooms, meeting and conference space, multiple dining rooms, 500 parking spaces, and the 60,000-square-foot water park.
Shuttered Linworth bookstore to
transform under new owners
By Tristan Navera – Staff reporter
Columbus Business First
A historic church long home to the Village Bookshop has new owners and a new future in the works.
The church-turned-bookstore at 2424 Dublin-Granville Rd. has been purchased by a new, undisclosed owner, according to NAI Ohio Equities, which has been listing the 8,000-square-foot building in the months since the shop closed down after 50 years in business.
British chef finds a new home in Merion Village
By Dan Eaton– Staff reporter
Columbus Business First
A taste of northeast England is coming to Merion Village.
Geordie’s Restaurant expects to open in December at 1586 S. High St., a 2,500-square-foot space that previously was home to the Explorer’s Club restaurant.
“I was ready to be a business owner again,” co-owner Glen Hall-Jones said.
The northeast England native – “Geordie” is a nickname both for the dialect of northeast England, around cities like Newcastle, as well as the inhabitants – has spent 20 years as a chef with ventures of his own in England and the U.S. Hall-Jones also spent a five-year stint as a corporate chef and roadie for the likes of The Rolling Stones, Genesis, Elton John and Judas Priest.
He is starting the restaurant with his husband, Clint Hall-Jones.
The couple landed in Columbus after Clint Hall-Jones’ work transferred him here, following stints in San Antonio and Chicago.
Need more leg room on that next family vacation? New rental business might have an answer
By Dan Eaton– Staff reporter
Columbus Business First
A California-based upscale van rental business says it wants to be awesome everywhere.
But first it has to be able to get everywhere and Central Ohio is part of that plan.
Bandago will open in the spring at 1125 S. Hamilton Road in Whitehall. The 15-year-old business from San Francisco has 10 sites across the United States and is adding six, including the Columbus market, in 2018 in a bid to better connect its national network.
Dan Sheeran Jr., an agent with NAI Ohio Equities, helped the company secure that space and is assisting with its expansion into other new markets, too.
Out-of-state buyer snaps up warehouse near John Glenn International
By Evan Weese – , Columbus Business First
Jun 20, 2017, 2:53pm EDT Updated Jun 20, 2017, 3:00pm
An out-of-state buyer has purchased a 164,450-square-foot warehouse near John Glenn Columbus International Airport.
WCOL LLC, an investor group out of Oklahoma, has paid $3.52 million for the Ryerson metals distribution facility at 555 N. Yearling Road.
Chicago-based Ryerson will maintain operations there, processing and distributing stainless steel, aluminum sheets and other metals.
NAI Ohio Equities brokered the sale by Hackman Capital Partners LLC.
An affiliate of Hackman acquired the building in 2012 for $3.15 million, according to the Franklin County Auditor.
Wasserstrom buys Whitehall office building where it plans multimillion-dollar renovation
By Evan Weese – , Columbus Business First
Dec 12, 2016, 3:37pm EST Updated Dec 12, 2016, 4:37pm
Wasserstrom Co. has acquired the site of its future headquarters, planning a multimillion-dollar investment in the 32-year-old Whitehall office building.
The restaurant products supplier closed on a $2.5 million purchase of the 50,572-square-foot building at 4500 E. Broad St., expecting to relocate by next summer from offices in the Brewery District, a shift of 225 workers that drew financial incentives from Whitehall. The value of the purchase wasn't disclosed in the summer when Wasserstrom made its relocation plans public.
Done Deal: TerraSmart buys 1000 Buckeye Park Road
By Brian R. Ball – Staff reporter, Columbus Business First
Jun 5, 2015, 6:00am
Transaction: Sale of south side industrial building
Address: 1000 Buckeye Park Road, Columbus
Buyer: TerraSmart Holdings LLC
Seller: Voigt & Schweitzer Inc.
Price: $725,000
Financing: Cash deal
Property size: 52,478 square feet on 7 acres
Agents: Dan Sheeran and Mike Semon of the NAI Ohio Equities commercial brokerage represented both sides of the transaction.
Deal notes: Buyer is a Florida-based producer of ground-mount racking systems and ground screws for the installation of solar panel arrays. It bought the former V&S Columbus Galvanizing operations on Lockbourne Road. The seller relocated two years ago into a new manufacturing facility across the street at 987 Buckeye Park Road. TerraSmart plans to contract with Columbus Galvanizing to coat the racking and ground screws produced. Buyer also has right of first refusal to purchase the adjacent 3.6-acre property Voigt & Schweitzer still owns at 2207 Lockbourne Road.
Done Deal: Jet Container picks up east side expansion site
By Brian R. Ball – Staff reporter, Columbus Business First
Apr 24, 2015, 6:00am
Address: 1033 Brentnell Ave., Columbus
Buyer: 1033 Brentnell Investments LLC, an affiliate of Jet Container Co.
Seller: Commercial Savings Bank
Price: $1.5 million
Financing: $1 million loan from Heartland Bank
Property size: 217,715-square-foot building on 24.4 acres
Agents: Dan Sheeran and Mike Semon, both of NAI Ohio Equities LLC brokered the deal
Deal notes: Upper Sandusky-based Commercial Savings took possession of the property in 2014 through a deed in lieu of foreclosure. The building dates to the 1950s, when it was the offices and distribution center for the Albers grocery store chain. In the 1980s and ’ 90s it was home to Fleming Foods. Most recently the east side complex was occupied by liquor distributor North Coast Logistics. The buyer is an affiliate of corrugated box producer Jet Container, which plans to eventually expand into the Brentnell facility from its plant at 2050 S. High St.
What is next for the Andersons off Brice Road?
By Dan Eaton – Staff reporter, Columbus Business First
Aug 17, 2017, 4:15pm EDT Updated Aug 18, 2017, 12:29pm
The Andersons on the city's east side will be reborn as a manufacturing facility.
An affiliate of Farber Specialty Vehicles acquired the 145,000-square-foot building and its 16-acre site at 5800 Alshire Road for $2.15 million in July.
Farber President Ken Farber told me his company is working with the city of Columbus on plans for the site and he hopes to begin moving employees into the space in as soon as 30 days, if possible. The city database showed no rezoning filing yet.
The need for space is evident upon a visit to Farber’s current 50,000-square-foot home less than 2 miles away at 7052 Americana Parkway in Reynoldsburg. The company has 150 employees and space is tight on its manufacturing floor where it builds everything from fire and emergency vehicles to mobile command centers to mobile labs to bookmobiles.
“This is going to allow us to expand,” Farber said.
In addition to its current work, the company plans on testing some new markets, including food truck manufacturing (more on that soon).
Medical marijuana real estate hunt: 'It’s crazy what’s going on out there'
By Carrie Ghose – Staff reporter, Columbus Business First
Nov 1, 2017, 4:51pm
Would-be medical marijuana dispensary operators are getting into bidding wars over scarce commercial properties that meet siting restrictions – driving rents to double or more, brokers say.
Ohio's medical marijuana program starts accepting applications on Friday to operate a dispensary; potential processors get their turn in December.
Dispensary hopefuls are repeating the trend of applications for cultivation sites, where there were about a dozen parcels in the city of Columbus meeting the law's requirements.
“It’s crazy what’s going on out there,” said Bryan Savage, owner of Savage Real Estate in Columbus. “We just put a $60 per-square-foot offer on $28 per-square-foot space. People are throwing money out there.”
Warehouse leases are being signed for double the asking price, said Dan Sheeran Jr., agent with NAI Ohio Equities. Some landlords are asking for as much as $100,000 in a nonrefundable deposit to hold the property for several months while the renters wait for the state to choose licensees.
Columbus warehouse listed as 'perfect' for medical marijuana processing
By Carrie Ghose – Staff reporter, Columbus Business First
Oct 26, 2017, 5:24pm
It could be just another ho-hum available warehouse bay in an industrial area of southeast Columbus. But this one is "perfect for processing of medical marijuana."
Location prohibitions in Ohio's medical marijuana program, combined with the number of municipalities banning the program for now, greatly narrows the available real estate for those seeking state licenses to grow, process or sell cannabis. Draw 500-foot radii from the property lines of every school, church, public library, public playground, or public park in Columbus – not much is left.
Prospective licensees must have a deed or lease in hand before they submit the application, with dispensary hopefuls applying in early November and prospective processors up next in December. Ohio's law will allow only extracted cannabinoid products, not smoking of raw buds.
A former restaurant space in Reynoldsburg is being turned into an event space
By Doug Buchanan – Editor in chief, Columbus Business First
Events by Linzy, an event space and catering company owned by local restaurateur Claudia Williams, signed a five-year lease for the former home of Pie’s Gourmet Pizza Bistro at 7601 E. Main St.
She'll consolidate her catering, operations and event space at the site.
“Claudia’s former space was sold, so she was in need of something within driving distance to her clients in Bexley and downtown Columbus. This was the perfect spot for her to operate her business,” Dan Sheeran, an NAI Ohio Equities agent who brokered the deal, said in a press release.
Sheeran and his colleagues Michael Semon and Patrick Lyons brokered both sides of the deal.