THE WEEKLY REVIEW | June 5, 2026

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

Downtown – OSU Eyes Lease of Historic Huntington Building on Capitol Square to 'Increase Downtown Presence'

“Ohio State University plans to lease the historic Huntington Bank building on Capitol Square to increase its downtown presence. The university would lease nearly 200,000 square feet in the 17 S. High St. building from owner Downtown Columbus Inc. (DCI) for 20 years, according to a presentation before OSU trustees..”

2

Retail - Local Developer Plans New Shopping Center as 'Gateway' to Downtown Powell

“A local real estate firm is proposing a new shopping center in Powell. Named Powell Gateway, the 21,600-square-foot development aims to serve as an entrance into the city's downtown area. The project is planned by Hilliard-based Equity Commercial Real Estate Solutions.”

3

Data Centers - State Approves Incentive for $1.1B Data Center Expansion Before Pausing Tax Break

“Cologix, which plans to invest an initial $1.1 billion in Orange Township and Johnstown, was approved for a data center sales tax exemption before the state pauses incentives for these projects. The Denver-based company's colocation data center campuses are set to create 90 jobs and add 72 megawatts of power capacity over two phases, according to the Ohio Department of Development…”