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Welcome to our blog! Our blog will give us the opportunity to share news, updates and success stories we have going on here at Goodman Real Estate. Thank you for visiting!

Coming to Ohio - Dave's Hot Chicken

Los Angeles-based restaurant, Dave’s Hot Chicken, will be landing new locations in Ohio with the help of Goodman Real Estate Services Group LLC. Out-of-state restaurant franchises have been looking to Ohio and surrounding Midwest states to expand and create new opportunities for growth. Dave’s Hot Chicken is actively looking to open 28 locations in the Midwest, with plans for 15 locations in Indiana, and 13 in Columbus, Ohio.
 
Goodman Real Estate agents Daniel Clark, Vice President and Manager, Columbus Office; and Chad Hamrick, Senior Director, Columbus Office, have been assisting the Dave Diggity LLC franchisee in finding prime tenant space in the Columbus area. The Nashville-style restaurant was started by best friends Dave Kopushyan, Arman Oganesyan, and Tommy and Gary Rubenyan in an East Hollywood parking lot in 2017. Since then, they have perfected their hot chicken recipe to satisfy customers in California, Toronto, Oregon, Nevada, Colorado, Texas, and soon Ohio and Indiana. They specialize in mouthwatering hot-chicken sandwiches and tenders, along with homemade sides and secret sauce. Already secured Dave’s Hot Chicken locations in Columbus are anticipated to open as soon as late 2021 or early 2022. For leasing opportunities and more information on remaining space please contact Daniel Clark at This email address is being protected from spambots. You need JavaScript enabled to view it. or Chad Hamrick at This email address is being protected from spambots. You need JavaScript enabled to view it..
 
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Landlord Spotlight: Zeisler Morgan Properties Ltd.

Zeisler Morgan Properties Ltd. is a privately-owned, full-service shopping center development company headquartered in Cleveland, Ohio. Ridge Park Square, a 564,000 SF shopping center with approximately 50 tenants, is among their most notable assets.
 
For seven years, Goodman Real Estate Services Group LLC agents, Zack Sogoloff and Seth Marks, have served as the leasing team for Zeisler Morgan’s 900,000 SF, Class A shopping center portfolio in Northeast Ohio. Bi-weekly meetings, monthly leasing reports, premier marketing tactics, and strong communication with all parties have been the backbone of this relationship. Zack and Seth work directly with Goodman's marketing team to attract best-in-class tenants and ensure that all properties within the Zeisler Morgan's portfolio maintain high occupancy levels. This process has created numerous successful tenants, which include Ross Dress For Less, Starbucks, Bank of America, Chase Bank, Dollar Tree, Taco Bell, Five Guys, and more.
 
"ZM’s relationship with Goodman is in its 7th year now which says a lot about how we have found an excellent formula for working together as a unified team. Above all else, it is Goodman’s knowledge, experience, and client focus, that we value the most."
-Shannon Blackwell, President & Chief Operating Officer at Zeisler Morgan
 
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Goodman Real Estate Introduces Lease Renewal and Restructuring Program

Many tenants today do not have the staff, time, or industry insight to concentrate on lease renewals or restructurings. For our clients, we provide thorough analysis of their leases and offer strategy and advice to develop and achieve short-range solutions or long-range real estate planning.
 
Businesses needs change over time. We educate ourselves on our customers' current requirements and advocate on their behalves with their landlords to effectuate the change required by their current business model.
 
Whether it’s restructuring leases for savings, securing capital for improvements, lengthening terms, handling dispositions, or solving other problems, we have the industry knowledge and expertise to offer tenants comprehensive guidance on their leased property.
 
To learn more about our lease renewal and restructuring program, please contact Larry Klein at 216-381-8200 and at This email address is being protected from spambots. You need JavaScript enabled to view it..
 
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Car Wash Wars

The car wash industry proves to withstand the negative real estate impacts that came with COVID-19. It is a solid example of necessary brick and mortar real estate that cannot be replaced by the internet. Car washes are shifting towards a subscription-based membership program, much like a fitness center, to guarantee revenue, create loyalty, and decrease long-term income risks.
 
With the increased interest of real estate investors in the car wash business, corporate and franchised companies are looking to turn what is typically identified as a locally owned specialty, into a multiple-location chain business.
 
Dozens of these corporate car wash companies are looking to enter and expand into the Northeast Ohio market. These companies have quickly realized that they need to compete for real estate and fight for each and every site. The demand for car wash sites is extremely high, while the supply of high-traffic real estate in densely populated markets is low. Landing in the market first with multiple locations will help push one car wash brand ahead of the other. Investors and operators are more willing to pay premium prices to outbid their competition on the best commercial real estate to secure market dominance.
 
 
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Net Lease Assets for Sale

Since the start of the pandemic, net-lease real estate has gone through a time of uncertainty while investors determine how the market will shift. However, during this time of hesitation from investors, the market for investment grade, single-tenant assets has remained strong. Credit tenants contain a credit rating of BBB- or higher from credit rating agencies such as Standard & Poor’s and Moody’s. Private and institutional investors view these assets as less risky while producing stable returns.
 
The Goodman Investment Group has closed numerous single-tenant net-lease assets since the start of the pandemic that contain a strong credit rating. Recently, the Goodman Investment Group sold an off-market Walgreens to a West Coast- based private buyer at full ask price for a repeat client.
 
Please inquire directly with Kyle Hartung or Jeff Sabo for information regarding other net-lease assets for sale.
 
This email address is being protected from spambots. You need JavaScript enabled to view it.
This email address is being protected from spambots. You need JavaScript enabled to view it.
 
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