Local CRE Trends

Discover What’s New and Interesting in Our Backyard

Columbus is Ohio's state capital and the 15th most populous city in the U.S. The city is renowned for its historic neighborhoods, vibrant arts and sports scenes, and affordable quality of life.

Columbus' premium location, within 500 miles of New York, Chicago, Atlanta, Washington, D.C., and other major population centers, means that area businesses with distribution operations have a distinct geographical advantage. In fact, 47 percent of the U.S. population is within a 10-hour drive of the Columbus region.

The 11-county Columbus metropolitan region has one of the fastest growing and diverse economies in the U.S. Columbus is home to 14 Fortune 1000 headquarters and 56 college and university campuses, resulting in a young, educated labor pool. Major regional employers include Ohio State University, Limited Brands, Inc., Nationwide Insurance and other well-known companies, as well as numerous education, technology, government, research, insurance and health care firms.

The region's diverse and stable economy creates a favorable climate for commercial real estate. New business activity - ranging from the renovation of older buildings for new office space to the construction of multi-family developments - has emerged as millennials migrate to downtown Columbus. There is also a spike in investment activity, with $2 billion worth of projects either recently completed or under construction and an additional $1.4 billion of investment in the pipeline, according to real estate services firm JLL.

The commercial real estate market in Columbus is well-poised for continued growth, in part due to local and state job initiatives and business-friendly tax incentives, which help form a stable economic base and continue to attract new business activity.

About Fidelity National Financial

Fidelity National Financial, Inc. (FNF) is currently ranked #288 on the 2021 FORTUNE 500®*, and is among numerous defense, energy, media, hospitality and financial FORTUNE 500®* companies based in the region. Our Atlanta-based team of CRE professionals works in all facets of the industry, including power and energy projects, office buildings, industrial parks, multifamily housing, retail properties, government contracts, corporate transactions and more.

Discover what’s new and interesting in our backyard in the latest real estate news, provided courtesy of the FNF Newsdesk.

*"FORTUNE®" and "FORTUNE 500®" are registered trademarks of Time Inc. Time Inc. is not affiliated with, and does not endorse the products or services of, Fidelity National Financial, its subsidiaries, or affiliates.

The Latest Articles From the FNF Newsdesk:

Fed keeps interest rates at zero, signals upcoming rate hike
We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing...

Best 3-month CD rates — February 2022
Today’s top widely available three-month CDs pay 0.7 percent annual percentage yield (APY). A three-month CD could be a great place to invest for short-term financial obligations, like establishing a...

Game time: The Fed unveils a tougher plan to fight stubbornly high inflation
Faced with mounting pressure from rapidly rising consumer prices, the Federal Reserve is preparing to raise interest rates sooner — and perhaps more aggressively — than had been expected just a few...

Today’s mortgage & refinance rates, January 26, 2022 – Rates rise
National mortgage rates jumped for all loan terms compared to a week ago, according to data compiled by Bankrate. Rates for 30-year fixed, 15-year fixed, 5/1 ARMs and jumbo loans edged higher. Rates...

Today's mortgage rates for Jan. 26, 2022: With rates going up, what does that mean for you? - CNET
Here's what to know if you're in the market for a home loan. A number of mortgage rates surged today to the highest they've been since early 2020, including 15-year fixed and 30-year fixed mortgage...

Mortgage Applications Decrease in Latest MBA Weekly Survey Jan 26, 2022

The Great Resignation And Great Talent Migration
Recent times will likely go down as the most empowering period for workers and the most challenging time for employers in the history of the United States. Putting aside a small segment of people who...

Today's mortgage rates for Jan. 26, 2022: Rates go up - CNET
Today a few notable mortgage rates moved up. Here's what that means for you if you're in the market for a home loan. Some important mortgage rates grew today. 15-year fixed and 30-year fixed...

Rate hikes have been good for stocks. This time might be different
A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the...

Home Prices Continued to Decelerate In November
Demand picked up in the final month of 2021 as buyers became increasingly concerned that rising interest rates...