Real Estate Asset Management Director

OhioMBE daily business brief - oct. 15. By OhioMBE / October 15, 2026 Thursday Edition OhioMBE daily business brief. Cash - Contracts - Connections - Events October 15, 2026 Today's focus: A federal court ruling raises immediate compliance questions for government contractors, while new Central Ohio transactions show continued investment around data centers and retail development. The 2026 OhioMBE Awards are only one week away - business owners, buyers and community partners still have time to get in the room. Get in the room: 2026 OhioMBE Awards. Thursday, October 22 - 11 a.m.-1 p.m. - Huntington Park This is not an ordinary awards ceremony. Meet procurement professionals, government buyers, financial partners and major contractors over lunch, then use the dedicated connection period to introduce your business, ask questions and discuss contracting opportunities and resources. Small-business tickets are $50. Corporate tickets are $125. Corporate tables are $1,000. Jumbotron advertising is available for $149. Today's business news. Public Policy - Federal Contracting Judge declines to block federal contractor DEI order. Reuters report published October 14, 2026 A federal judge declined to block an executive order requiring companies doing business with the federal government to certify that they are not engaging in unlawful racial discrimination through diversity, equity and inclusion activities. The court said the order prohibits conduct already barred by federal law and applies to work performed under a federal contract containing the language. The lawsuit remains active, and a separate challenge has been brought by 19 states and Washington, D.C. OhioMBE analysis: Federal contractors should not rely on headlines alone. Review the exact language in each solicitation and contract, document the lawful business purpose of workforce and supplier programs, and obtain qualified legal guidance before changing compliance policies. Investment - Central Ohio New Albany industrial facility sells for $43.6 million. Reported October 14, 2026 VanTrust Real Estate sold a newly completed New Albany industrial facility to Realty Income for $43.6 million. The Class A building is fully leased under a long-term agreement to an unidentified technology and artificial-intelligence company. The transaction reflects continued investor demand for facilities serving the region's expanding digital-infrastructure economy. VanTrust is also developing another speculative facility nearby. OhioMBE analysis: A property sale is not an open contract, but it signals where recurring demand may develop. Maintenance, security, logistics, landscaping, food service and professional-service firms should identify the building owner, tenant and facility-management providers before pursuing business. Retail Investment - Job Creation RaceTrac plans $65 million investment in four Ohio stores. Reported October 14, 2026 Atlanta-based RaceTrac is expanding in Ohio with four stores representing approximately $65 million in investment. The company's current Central Ohio opening plan includes locations in West Jefferson, Canal Winchester and Circleville. The West Jefferson location is scheduled to begin serving customers this week, with additional stores expected to follow. OhioMBE analysis: Multi-site expansion can create opportunities beyond initial construction. Local firms should watch for vendor needs involving maintenance, snow removal, landscaping, security, signage, waste services and recurring store operations. Small Business - Shared Commercial Space Bond Hill bakery converts to commercial-kitchen rental model. Reported October 14, 2026 Davis Cookie Collection has ended regular retail operations at its Bond Hill bakery and is converting the location into commercial-kitchen space available to other food entrepreneurs. The business plans to rent kitchen space by the hour, offer membership-based access and host pop-ups and baking classes. OhioMBE analysis: Shared kitchens can lower the cost of entering or expanding a food business, but users should verify licensing, insurance, storage, scheduling and equipment rules before committing. The model also shows how an owner can repurpose existing capacity when a retail format no longer fits. Transportation Contracts - Project Delivery ODOT posts progressive design-build pilot announcement for Wood County. Contracts announcement posted October 14, 2026 The Ohio Department of Transportation has posted an announcement for a progressive design-build pilot project in Wood County. Progressive design-build brings the owner, designer and builder together earlier than a traditional design-bid-build process. Interested firms should review ODOT's complete announcement and procurement documents for the project scope, qualifications, schedule and submission requirements. OhioMBE analysis: Alternative project-delivery methods can shift when subcontractors and professional-service firms need to build relationships with the prime team. Qualified businesses should study the procurement structure early and avoid treating the general announcement as a substitute for the official documents. Upcoming business events. 2026 OhioMBE Awards. Thursday, October 22 11 a.m.-1 p.m. Huntington Park, Columbus Turn Cash - Contracts - Connections into action. Meet bankers, government purchasing representatives, major construction firms and community partners during lunch and a dedicated networking period. Small-business tickets: $50 Corporate tickets: $125 Corporate tables: $1,000 Business clinic: Workers' Compensation. Today, October 15 6-7 p.m. Online - Free Melony Bryant, Minority and Small Business Advocate with the Ohio Bureau of Workers' Compensation, will explain coverage considerations for owners, businesses with employees and entrepreneurs whose work carries an injury risk. Ohio veteran Small Business webinar. Monday, November 9 10-11:30 a.m. EST Online - Free The SBA Ohio District Office will connect veteran entrepreneurs with certification information, federal-contracting resources and practical guidance from veteran business owners during National Veterans Small Business Week. Daily business tip: read the contract clause, not the headline. Government policy changes often arrive through specific solicitation and contract language. Save the exact clause, identify what your company must certify, assign responsibility for compliance and keep written records supporting every representation made to a public buyer. Support independent black-owned business news. OhioMBE keeps business news, supplier-diversity updates, contracting information and practical resources accessible to Ohio's small and minority business community. Your business belongs on the big screen. OhioMBE Awards Jumbotron advertising is available for $149. Put your company in front of entrepreneurs, procurement professionals, government buyers, financial partners and major contractors at Huntington Park. The Awards are Thursday, October 22. Reserve your space now. Subscribe. Receive OhioMBE business news, events and resources. Advertise with OhioMBE. Reach Ohio entrepreneurs, diverse suppliers, procurement professionals and business leaders.

Realty Income is a better high-yield dividend pick than Healthpeak Properties, according to an analysis of the two monthly-paying real estate investment trusts (REITs). Healthpeak yields 6.7% against Realty Income's 6.1%. Realty Income says it has raised its dividend for over 31 consecutive years. Healthpeak's dividend per share fell from $2.10 in fiscal 2016 to $1.22 in fiscal 2025. Both paid out about three-quarters of their fiscal 2025 adjusted funds from operations (AFFO): 75% for Realty Income and 72% for Healthpeak. Analysts expect Healthpeak's ratio to rise to 78% in fiscal 2026, while Realty Income's eases to 73%. The two trade at about 12x forward AFFO. Realty Income's AFFO has risen every year for a decade; Healthpeak's is expected to slip.

Irish commercial property investment tops €2bn in first nine months of 2026. Investment in Irish commercial property has surpassed €2 billion in the first nine months of 2026, marking the strongest performance for the period since 2022, according to new research from Savills. The latest figures show that €649 million was invested across 20 transactions during the third quarter. While the total was 6.5% lower than the €694 million recorded in Q3 2025, the average transaction size increased significantly. The average deal reached €32 million during the quarter, compared with €20 million in the same period last year. Savills expects activity to remain strong through the final quarter, with the current transaction pipeline indicating that total investment could reach approximately €3 billion for the full year. Residential property was the largest investment sector during the third quarter, accounting for 39% of total activity. Offices followed with a 29% share, while logistics represented 25%. Retail accounted for 6% of investment, with mixed-use properties making up the remaining 1%. The largest transaction of the quarter was the €180 million acquisition of Quayside Quarter in Dublin's North Docklands by Quantum Immobilien from Greystar. - Advertisement - The 268-unit residential development marks Quantum Immobilien's first investment in the Irish market. The second-largest transaction was BNY Mellon's €160 million acquisition of The Shipping Office in Dublin 2 from Marlet. BNY Mellon already occupies a significant proportion of the recently completed South Docks office development. Logistics also recorded a strong quarter, with Realty Income acquiring a portfolio of industrial properties from DSV in a €70 million sale and leaseback transaction. An Irish pension fund also acquired an off-market industrial portfolio for €39 million. Institutional investors continued to account for the majority of activity during the quarter, representing 63% of purchases and four of the five largest transactions. US investors were particularly active, accounting for 47% of total investment volumes. According to Savills, this was the highest quarterly share recorded by US investors since the second quarter of 2016. European investors accounted for a further 39% of investment during the period. Kevin McMahon, Director of Investments at Savills Ireland, said: "The most significant feature of the market this year has been the return of larger transactions. Construction Group has now passed €2 billion for the first nine months of the year, but just as importantly, the average deal size increased by 60% in the third quarter. "There is clearly capital available for good Irish assets, and Construction Group is seeing that across all sectors rather than in one part of the market alone. The level of international activity is also encouraging. US and European buyers accounted for the vast majority of investment during the quarter, while Quantum Immobilien's acquisition of Quayside Quarter brought another new European investor into Ireland. "We have a good pipeline of transactions moving through the market and, on that basis, we expect investment volumes to reach approximately €3 billion by year-end. Financing conditions have become more challenging again, however, so pricing,asset quality and stable cashflow growth will remain important as we move into the final quarter."