Eidi Properties Brings Crossroads Centre to 100% Occupancy
Eidi Properties, Toledo, Ohio’s Premier Real Estate Investment Company Adds More Anchor Stores, Signaling a Strong Northwest Ohio Submarket.
Developers consider Route 20 a prime location for new development
With new retailers filling up Rossford’s former Giant Eagle building and construction taking place in Perrysburg Township’s French Quarter Square, U.S. 20 has become a hub of economic development for the region. “The Route 20 corridor is about as hot as any corridor in the greater Toledo area,” said Doug Flick, director of real estate [...]
N. Ridgeville Goodwill expanding into former Pat Catan’s building
NORTH RIDGEVILLE — Goodwill plans to leave its location on Center Ridge Road and move a half-mile down the street into a portion of the much-larger building that formerly housed Pat Catan’s craft store. The nonprofit secondhand chain is hoping to open the new store in October, Craig Grugel, president and CEO of Goodwill Industries [...]
The Mehdi “Danny” Eidi Center and Amel’s COVID-19 Response
When, in 2008, Eidi Properties purchased land in the Lebanese village where our founder and late father was born, we wanted to build a medical facility not only in his honor but a place that would help the underserved. We never imagined how much The Mehdi “Danny” Eidi Center in the Bekka Valley region would [...]
Local families talk about why they give
Research consistently shows that the act of giving is its own reward. A study in 2007, for example, found that donating to charities spikes "neural activity in areas linked to reward processing," and that if the gift is given voluntarily, then the neural activity increases even more, producing a feel-good state for the body called [...]
The Strength of Commercial Real Estate
Commercial real estate is booming and for a few different, but encouraging, reasons. Current demand for space is outpacing its availability. Just over the first quarter of 2019 vacancies across the US shrunk by 20 basis points. This is causing two developments. First, the current space available has higher value. Second, developers are [...]
Service Contracts and Preventative Maintenance
A stitch in time saves nine or, an ounce of prevention is worth a pound of cure. These old cliches point out the value of preventative maintenance as opposed to dealing with a full-blown problem. Such issues are often experienced with commercial real estate. A leaky faucet can be fixed with a fifty cent washer, [...]
The Value Of The Triple Net Lease Option
In commercial real estate, a critical element to the success of an investment is the lease agreement. The landlord must charge enough through the lease to be viable, but not charge so much that the expenses are onerous and reduce the profitability and stability of the tenants. There are many ways to manage this dynamic, [...]
Wifi And Its Business Implications
It’s tempting to want to take advantage of all revenue streams when in business. That is why many businesses charge customers for access to their WIFI. But, is this advisable? The current business climate points to revenue loss instead of capture when charging for WIFI. How? Look At The Big Picture Unlike flying in an [...]
Why The Return of Brick & Mortar
Online shopping has revolutionized the way consumers access goods and information, but is this revolution experiencing a reversal? People enjoy the ease of shopping and learning at their convenience. Part of what makes online shopping great is the same phenomenon that drives shoppers to local stores: instant gratification. Studies find that shoppers’ need for instant [...]