Columbus Ohio Rentals:

There are has also seen a spike in commercial and residential real estate options. Many of which include a wide variety of office and warehouse spaces, for entrepreneurs to take advantage of. Like many other large cities, the downtown area has seen a revitalization, and focus from many different firms, trying to spark interest in business and commercial endeavors. In a recent survey of Columbus commercial office property vacancies, many different available options started at around $350 a month for small offices. For larger commercial property real estate options, the prices are comparable to other large cities, with prices per square footage around $1 - $2 a square foot. Some available options come fully equipped with several amenities like temperature controlled storage spaces, retail storefronts, and many other options that will have business dealings going smoothly, growing by leaps and bounds. Other than commercial property in Columbus Oh, we handle many areas in Ohio including Cincinnati, Cleveland, and the outskirts near Columbus. The capital city of the state of Ohio is Columbus. Ranked fourth largest in the United States, the city has a long history of culture, politics, economic development, and so much more. It was originally founded in 1812 and has developed in a large diverse economical powerhouse. The estimated population of the city is 754,885, with the larger metropolitan area housing 1.7 million residents.

Economy / Housing:

The greater Columbus area has a strong and diverse economy that hinges on several different industries. Some of the larger industries in the city include education, insurance, banking, fashion, defense, aviation, food, and service. Our commercial real estate property directory and editorial check our articles. It is one of the top 10 best big cities to live according to Relocate America. Some of the larger companies in the area, offering employment options to hundreds of thousands include, JP Morgan Chase, American Electric Power, Huntington Bancshares, Owens Corning, and Chemical Abstracts, just to name a few. Despite a large amount of diverse job options, the unemployment rate hovers at around 9.8%, which is higher than the national average. The area has seen signs of improvement, and many analysts are optimistic as to the job growth expectancy in the near future.
The median home price is on average mid-priced and hovers around $188987. It’s interesting to note that the city has a cost of living index of 81.5, which is lower than many other large-scale cities. While the real estate market has seen changes, prices remain steady, and look to be on a rise as the economic picture improves nationally.

Culture / Politics:

The climate of the area is categorized as humid continental climate. The summers can be hot and humid, the winters relatively dry with some snowfall, and the spring and autumn months are noticeable. There is severe weather including cold, rain, floods, blizzards and tornadoes from time to time. While there are cases of extreme weather, the area is well prepared, just in case something natural were to go awry.
The mayor of the city of Columbus is Michael B. Coleman and has been noted for vast improvements to the city. He has proposed many different upgrades, incentives and aspirations to the greater good of the city. Since 2000, he has worked on economic development, and has retained and created 30,000 jobs and made 3.2 billion dollars in private investments to the city, despite the national economic picture being in crisis.