News & Articles

Columbus 250Looking for investment opportunities in overlooked areas that offer solid value potential?

Look no further than Opportunity Zones, which are pretty much what they sound like. Included as part of the 2017 Tax Cuts and Jobs Act, these “zones” are economically distressed areas where new investments may be eligible for advantageous tax treatment – an investing “opportunity,” if you will. Those who choose to invest in these areas can defer capital-gains taxes or possibly even avoid them altogether.

the griff building in columbus ohWe may not have the ocean views of the coasts, but the Midwest has something just as beachy – an affordable real estate market!

It’s true: whether we’re talking residential or commercial, you get more space, nicer neighborhoods, larger properties, and better-maintained buildings to go along with the more reasonable sale prices, rents and costs of living.

In the Midwest, prices are mostly still below the levels that incomes suggest they belong. Because of this, you can still find plenty of good deals here.

Move over, fellas.

Just as we’ve seen in other industries, women are no longer playing second fiddle to their male counterparts in commercial real estate (CRE). It’s 2019, after all – females are playing first fiddle. 

More and more CRE companies – including Donald R. Kenney and Company Realty– are putting talented and knowledgeable women in key leadership positions.

Dominos 250x166The good news? The economy is booming.

The bad news? Economists say it may be busting in a matter of months.

By most accounts, the U.S. economy is in its best shape since the Great Recession. The unemployment rate is at a minuscule 3.9%. Hourly wages are up more than 3% over a year ago. The gross domestic product (GDP) climbed 3.1% in the first quarter of 2019, after rising 2.2% in the fourth quarter of 2018.

businessmen discuss office space leaseWe took a very informal poll and the numbers are in: Zero out of (pick a number – any number!) people actually enjoy negotiating leases for office space.

Still, negotiating the terms of a lease is one of the most important facets of commercial real estate. It needs to be done, and it needs to be done correctly to set yourself up for future success. Going into a negotiation unprepared gives you little chance of getting the best lease price and terms, so it literally pays to do your homework.

Millennium Office ParkLocated in the heart of Dublin, Ohio, Millennium Office Park is located in a park-like setting off of Frantz Road, just 25 minutes from John Glenn International Airport. Surrounded by established landscaping and mature trees, Millennium Office Park provides individual entryways, ample parking and easy access to hotels, dining, shopping, and various events.

This property is just minutes away from Tuttle Crossing, I-270 and State Route 33/161, making for easy access to and from all of metropolitan Columbus.

With leasing and professional property management teams on-site, this site will continue to be an attractive location for small businesses and their clients.