{"id":1004758342,"date":"2025-05-19T21:49:54","date_gmt":"2025-05-20T05:49:54","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004758342"},"modified":"2025-05-20T05:49:23","modified_gmt":"2025-05-20T13:49:23","slug":"homage-leases-columbus-facility","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/homage-leases-columbus-facility\/","title":{"rendered":"Sports Apparel Company Leases Columbus Facility"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a43fe8843d41&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignright size-full is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"1440\" height=\"1080\" data-attachment-id=\"1004758344\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/homage-leases-columbus-facility\/columbus-2-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/05\/Columbus-2.jpg\" data-orig-size=\"1440,1080\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Columbus-2\" data-image-description=\"&lt;p&gt;Night-time picture depicting Columbus, Ohio.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Metro Columbus\u2019 industrial vacancy dropped quarter-over-quarter to 8.7 percent in March. Image courtesy of Newmark&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/05\/Columbus-2.jpg?w=1024\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/05\/Columbus-2.jpg\" alt=\"Night-time picture depicting Columbus, Ohio.\" class=\"wp-image-1004758344\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/05\/Columbus-2.jpg 1440w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/05\/Columbus-2.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/05\/Columbus-2.jpg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/05\/Columbus-2.jpg?resize=1024,768 1024w\" sizes=\"auto, (max-width: 1440px) 100vw, 1440px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">Metro Columbus\u2019 industrial vacancy dropped quarter-over-quarter to 8.7 percent as of March.<em> Image courtesy of Newmark<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>HOMAGE has agreed to fully occupy a 207,740-square-foot industrial property in Columbus, Ohio. Newmark represented the owner, Weston, in the lease proceedings, while CBRE spearheaded the negotiations on behalf of the tenant.<\/p>\n\n\n\n<p>The vintage sports apparel company plans to move in by the end of the year. The facility will double as its corporate headquarters and center for production and distribution.<\/p>\n\n\n\n<p>Located on 13 acres at 885 Stelzer Road, the property is across the street from John Glenn Columbus International Airport, roughly 7 miles northeast of the downtown area. Thoroughfares such as interstates 270, 670 and U.S. Route 62 run within roughly 3 miles.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO<\/strong>: <a href=\"https:\/\/www.commercialsearch.com\/news\/commercialedge-industrial-report-april-2025\/\">Industrial Report: E-Commerce Drives Industrial Demand Growth<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p>Weston completed construction last year, marking its first industrial project built on a speculative basis in the market. The facility features 32-foot clear heights, 17 dock doors and two drive-in doors.<\/p>\n\n\n\n<p>S&amp;T Bank issued a $16.3 million construction loan set to mature next year, CommercialEdge shows, while development costs clocked in at $17.1 million, according to an Ohio Department of Development document. Additionally, Weston applied for a 10-year, 75 percent Enterprise Zone Tax Abatement, the same source reveals.<\/p>\n\n\n\n<p>Newmark Vice Chairman Terry Coyne, alongside Managing Director Derek Lichtfuss, represented Weston in the lease proceedings. CBRE First Vice President Weston Devore led the negotiations on behalf of HOMAGE.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-industrial-leasing-rebounds-in-columbus\">Industrial leasing rebounds in Columbus<\/h2>\n\n\n\n<p>Metro Columbus\u2019 industrial leasing activity clocked in at 4.6 million square feet during the first quarter, achieving an impressive 250 percent increase year-over-year, according to a report by Cushman &amp; Wakefield.<\/p>\n\n\n\n<p>Against the backdrop of 12 consecutive three-month-period increases, the market\u2019s vacancy rate fell on a quarterly basis to 8.7 percent in March, the same source shows. However, the index still rose by 160 basis points year-over-year.<\/p>\n\n\n\n<p>Greater Columbus held 3.4 million square feet within its industrial pipeline in March and most of the space was being constructed on a build-to-suit basis, signaling a potential future drop in vacancy, Cushman &amp; Wakefield shows. <a href=\"https:\/\/www.commercialsearch.com\/news\/top-markets-for-industrial-deliveries\/\">Industrial deliveries<\/a> stood at 6.5 and 1.7 million square feet last year and last quarter, respectively.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The industrial property will serve as the firm\u2019s headquarters and center for production and distribution.<\/p>\n","protected":false},"author":3471,"featured_media":1004758344,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,1585,21748,13,21742],"tags":[32789,50999,40562],"class_list":["post-1004758342","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-columbus","category-industrial","category-midwest","category-latest","tag-cbre","tag-newmark","tag-weston-inc"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sports Apparel Company Leases Columbus Facility - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"HOMAGE signed a deal to fully occupy Weston&#039;s speculative Columbus, Ohio, industrial property in a deal by Newmark and CBRE.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/homage-leases-columbus-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sports Apparel Company Leases Columbus Facility\" \/>\n<meta property=\"og:description\" content=\"HOMAGE signed a deal to fully occupy Weston&#039;s speculative Columbus, Ohio, industrial property in a deal by Newmark and CBRE.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/homage-leases-columbus-facility\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-20T05:49:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-05-20T13:49:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/05\/Columbus-2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1440\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Claudiu Tiganescu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/homage-leases-columbus-facility\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/homage-leases-columbus-facility\/\",\"name\":\"Sports Apparel Company Leases Columbus Facility - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/homage-leases-columbus-facility\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/homage-leases-columbus-facility\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/05\/Columbus-2.jpg\",\"datePublished\":\"2025-05-20T05:49:54+00:00\",\"dateModified\":\"2025-05-20T13:49:23+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/cbed638584257d6fb5a2a9c95c982b66\"},\"description\":\"HOMAGE signed a deal to fully occupy Weston's speculative Columbus, Ohio, industrial property in a deal by Newmark and CBRE.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/homage-leases-columbus-facility\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/homage-leases-columbus-facility\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/homage-leases-columbus-facility\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/05\/Columbus-2.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/05\/Columbus-2.jpg\",\"width\":1440,\"height\":1080,\"caption\":\"Metro Columbus\u2019 industrial vacancy dropped quarter-over-quarter to 8.7 percent in March. Image courtesy of Newmark\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/homage-leases-columbus-facility\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Sports Apparel Company Leases Columbus Facility\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/cbed638584257d6fb5a2a9c95c982b66\",\"name\":\"Claudiu Tiganescu\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/Claudiu_Tiganescu.jpg?w=54\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/Claudiu_Tiganescu.jpg?w=54\",\"caption\":\"Claudiu Tiganescu\"},\"description\":\"Claudiu Tiganescu is an Associate Editor with Multi-Housing News and Commercial Property Executive. With a Bachelor's in English, a minor in Norwegian, and a Master's in linguistics, Claudiu is your go-to source for the latest commercial real estate news, particularly in the affordable, single-family rental, conversions and industrial sectors. You may reach him at claudiu.tiganescu@cpe-mhn.com\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/claudiu-tiganescu\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Sports Apparel Company Leases Columbus Facility - Commercial Property Executive","description":"HOMAGE signed a deal to fully occupy Weston's speculative Columbus, Ohio, industrial property in a deal by Newmark and CBRE.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/homage-leases-columbus-facility\/","og_locale":"en_US","og_type":"article","og_title":"Sports Apparel Company Leases Columbus Facility","og_description":"HOMAGE signed a deal to fully occupy Weston's speculative Columbus, Ohio, industrial property in a deal by Newmark and CBRE.","og_url":"https:\/\/www.commercialsearch.com\/news\/homage-leases-columbus-facility\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2025-05-20T05:49:54+00:00","article_modified_time":"2025-05-20T13:49:23+00:00","og_image":[{"width":1440,"height":1080,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/05\/Columbus-2.jpg","type":"image\/jpeg"}],"author":"Claudiu Tiganescu","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/homage-leases-columbus-facility\/","url":"https:\/\/www.commercialsearch.com\/news\/homage-leases-columbus-facility\/","name":"Sports Apparel Company Leases Columbus Facility - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/homage-leases-columbus-facility\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/homage-leases-columbus-facility\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/05\/Columbus-2.jpg","datePublished":"2025-05-20T05:49:54+00:00","dateModified":"2025-05-20T13:49:23+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/cbed638584257d6fb5a2a9c95c982b66"},"description":"HOMAGE signed a deal to fully occupy Weston's speculative Columbus, Ohio, industrial property in a deal by Newmark and CBRE.","breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/homage-leases-columbus-facility\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/homage-leases-columbus-facility\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/homage-leases-columbus-facility\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/05\/Columbus-2.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/05\/Columbus-2.jpg","width":1440,"height":1080,"caption":"Metro Columbus\u2019 industrial vacancy dropped quarter-over-quarter to 8.7 percent in March. Image courtesy of Newmark"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/homage-leases-columbus-facility\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Sports Apparel Company Leases Columbus Facility"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/cbed638584257d6fb5a2a9c95c982b66","name":"Claudiu Tiganescu","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/Claudiu_Tiganescu.jpg?w=54","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/Claudiu_Tiganescu.jpg?w=54","caption":"Claudiu Tiganescu"},"description":"Claudiu Tiganescu is an Associate Editor with Multi-Housing News and Commercial Property Executive. With a Bachelor's in English, a minor in Norwegian, and a Master's in linguistics, Claudiu is your go-to source for the latest commercial real estate news, particularly in the affordable, single-family rental, conversions and industrial sectors. You may reach him at claudiu.tiganescu@cpe-mhn.com","url":"https:\/\/www.commercialsearch.com\/news\/author\/claudiu-tiganescu\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/05\/Columbus-2.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004758342","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/3471"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004758342"}],"version-history":[{"count":8,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004758342\/revisions"}],"predecessor-version":[{"id":1004758565,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004758342\/revisions\/1004758565"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004758344"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004758342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004758342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004758342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}