Columbus, Ohio a Robust Economy, now designated a Federal Workforce Hub

By Sabrina Eaton, cleveland.com

WASHINGTON, D. C. – Columbus will be among five new “Workforce Hubs,” where the Biden administration will partner with state and local officials, employers, unions, community colleges, high schools, and other stakeholders to develop training programs to meet the region’s demands for labor.

White House officials described the five areas around the country that will get the designation – which also include Phoenix, Pittsburgh, Baltimore and Augusta, Georgia – as “cities and regions where we’ve seen significant concentration of public and private sector investments, often focused on specific industries.”

Read more at cleveland.com

Columbus, Ohio has been a balanced workhorse when it comes to economic drivers, labor growth, and reliable career paths for professionals. It has also been a powerhouse nationally when it comes to attracting business development. What’s more the Columbus economy is very well diversified with no sector accounting for more than 19% of revenue. This recipe has made it very attractive to real estate investors. And while the future looks bright, the current economic landscape has many investors concerned and hesitant about making new investment. SVN Wilson has sold hundreds of millions of dollars of investment real estate through the various economic cycles. Reach out today to discuss the current market and your property.

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Selling Land in a HOT Market

Selling property for development or re-development is a very complicated thing. We have been honored to work with clients like Jim many times over the years. While it’s true development land is more valuable than basic raw land, getting to the finish line will take years if the right team is not assembled. Reach out today if you have land you want evaluated for a potential development project or sale.

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SVN Wilson along with our national SVN partners have annual land sale transaction volume of over $2 billion. We are highly skilled at working with development teams for zoning and planning, engineering, feasibility and the successful marketing of a development site. SVN Wilson has over 100 years combined experience advising clients in land valuation and development. Connect with us today to discuss your property.

Understanding Inflation

Every morning before school I spend time with my sons discussing things like God, faith, money and other life topics that help prepare them to be versatile and caring young men. Of course the conversation also steers towards movies (Dungeons & Dragons, Fast 10), airsoft guns, sports (Go Buckeyes) and other things. Today’s topic was INFLATION (yuck!)

Inflation is a complicated economic tool (yes I said tool) that is measured by our government. On one hand it erodes our purchasing power (and very harmful to us working folks and retirees). On the other hand it provides a lift to our investments and other assets.

When I showed them that $100 from 100 years ago could only buy $3 of stuff today, they were SHOCKED! But the lesson here is not to be angry, but to be disciplined. It takes a lifetime to be successful and there are obstacles to overcome, such as inflation. Saving money and not constantly buying new things and big bar tabs can set you up to invest in assets like real estate or other businesses.

Income producing assets are an important tool, if you want to overcome the impact of economic volatility and inflation. …the more you know, you know?

The SVN Wilson Commercial Group has over 100 years combined experience advising clients in commercial real estate investment. While all investments have risk, it is our experience that a well positioned real estate asset has the ability to be a stable investment for the right investor. To learn more about this topic {inflation} or for more information about commercial real estate assets send an email to seth.asman@svn.com.

What’s My Property Worth?

Doug Wilson

Doug Wilson is Managing Director of SVN Wilson Commercial Group, LLC, and a 32 year veteran in Commercial Real Estate. His experience includes investment sales, leasing, and property management. Doug is a Class of 2020 Midwest Real Estate Hall of Fame, as well as a three-time Partner Circle Award Winner, this is the highest award SVN gives to its agents.