Posts By: steve

Industrial Activity Slows in 2013

The Cincinnati market area experienced a significant decrease in industrial sales activity in 2013, compared to 2012. According to our analysis, using the CoStar Group database with outliers removed, 122 industrial properties transferred in 2012, which included a total of approximately 5.5 million square feet of building area. In 2013, 86 sales were recorded, which… Read more »

The Real Estate Tax Appeal Deadline is Approaching

As you finish up year end accounting, plan, and budget for the coming year don’t forget to check your Real Estate Tax Bill. Property taxes are one of the largest operating expenses of owning real estate. This expense can be and should be actively managed. Assessments are based on the value of the property on… Read more »

A Study in Discount Rates for Excess Rent

Recently we were presented a unique challenge in one of our appraisal assignments. We were asked to value the leased fee estate of a medical office property. Nothing unusual there, we do this all the time. However, this time, there was a new 10 year lease that had a lease rate we determined was well… Read more »

Steve Weis

Steve Weis is a Certified General Real Estate Appraiser and is President of Logix Real Estate Solutions

Logix opens for business

Logix Real Estate Solutions opened for business on June 1, 2012. The company was formed by Steve Weis a certified general real estate appraiser with 20 years experience in commercial real estate. Logix is a commercial real estate appraisal and consulting company established to serve the commercial real estate needs of clients who own or lease property… Read more »