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 #359 on the 2023 FORTUNE 500®*, and is among numerous defense, energy, media, hospitality and financial FORTUNE 500®* companies based in the region. Our Columbus-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. From FORTUNE Magazine, June 2023 ©2023 Time Inc. FORTUNE and Time Inc. are not affiliated with, and do not endorse products or services of Fidelity National Financial. Chicago Title Insurance Company is a member of the Fidelity National Financial family of companies and the nation’s largest group of title companies and title insurance underwriters - Fidelity National Title, Chicago Title, Commonwealth Land Title, Alamo Title, and National Title of New York - that collectively issue more title insurance policies than any other title company in the United States.

The Latest Articles From the FNF Newsdesk:

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