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  • Halle Smith

THE WEEKLY REVIEW | DECEMBER 15, 2023


Keeping up with CRE trends is as easy as 1-2-3 with our weekly piece! The Weekly Review is a new blog series that will be released every Friday. The market is constantly growing and adapting to new ventures and ideas, and our goal is to provide up-to-date information into what is happening in both the Columbus and U.S. markets, as well as the commercial real estate industry as a whole. As stories evolve, the Weekly Review will continue to follow along and update our clients and community.


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1

“Ohio's drivers are receiving an early holiday present with the lowest price for gasoline this year heading into the holidays.”


“The cost of a gallon of gasoline averaged $2.78 in Ohio on Wednesday, among the cheapest prices in the country, according to AAA. That's down 2 cents from Tuesday, 44 cents from a month ago and 33 cents from a year ago.”


“Prices at some stations in central Ohio have dropped well below that. For example, a Marathon station in Marysville was selling gasoline at $2.55 per gallon on Wednesday, and a Murphy USA station in Newark was at $2.56 per gallon, according to Gas Buddy.”


2

‘“Wario’s Beef and Pork, the Arena District sandwich stand that keeps East Coast sandwiches true to their roots while elevating them at the same time, will open a second location soon in Clintonville.”


“New year. New shop,” Wario’s announced late yesterday on Instagram. Founder Stephan Madias told The Dispatch Thursday morning that he hopes to open in mid-January at 4219 N. High St. The address is part of a development that also houses Kirin Noodle Bar, Gallo’s on High and a Hot Chicken Takeover.”


3

“The state of Ohio has released the guidelines for a new program that aims to improve affordable housing access.”


“The Welcome Home Ohio program will provide $100 million in grants over the course of two years for land banks to purchase, rehabilitate or build qualifying residential properties for income-eligible Ohioans. Additionally, $50 million in nonrefundable tax credits will be made available to land banks and eligible developers over the biennium for qualifying rehabs and new construction once a property is sold.”


““Housing needs are present all across Ohio,” Gov. Mike DeWine said in a press release. “Through this program, we have the opportunity to support new investments in housing construction that will help cultivate vibrant neighborhoods and stimulate economic vitality.””





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