Commercial Real Estate Investing

Commercial real estate investing generally covers property used for business purposes rather than personal residence, including office buildings, retail centers, industrial and warehouse space, multifamily apartment communities, self storage facilities, and specialized assets such as medical office buildings. Columbus, OH has a diverse commercial market shaped by state government employment around the Ohio Statehouse, a large logistics and distribution sector tied to the region's central location and interstate access, and steady demand for multifamily housing near Ohio State University and the broader Franklin County job base. Investors entering commercial real estate generally evaluate factors such as tenant credit quality, lease structure, location fundamentals, and property condition before acquiring an asset.

Investors who already own appreciated commercial or residential investment property can generally use a like kind exchange under Section 1031 to move into a different commercial asset class without recognizing capital gains or depreciation recapture at the time of the transition. This is a common strategy for Columbus, OH investors repositioning from management intensive property types, such as multifamily housing, into net leased retail or industrial assets with longer lease terms and less frequent tenant turnover, or the reverse, depending on the investor's goals. The exchange must be structured through a Qualified Intermediary, the replacement property must be identified within the forty five day identification period, and the purchase must close within the one hundred eighty day exchange period, regardless of which commercial asset class the investor is moving into.