Kyle Ghiloni | Colliers International | Columbus

Kyle Ghiloni

Associate

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About

Professional Summary

Kyle M. Ghiloni is a member of the Columbus Industrial Team at Colliers International along with Michael  Linder, SIOR, Shane  Woloshan, SIOR, Joel Yakovac, SIOR, Jonathan Schuen, SIOR  and Molly Crosby.  Kyle provides a unique level of experience having been mentored by the Columbus Industrial Team for three years prior to his college graduation. Kyle’s persistence and desire to learn adds yet another dimension to a team of seasoned real estate advisors.

Kyle began his stint at Colliers as a Brokerage intern in 2016. He continually earned extensions by proving himself as a valuable asset to the team. Once Kyle recieved his license he began prospecting and bringing deals to the team; completing some on his own. His effectiveness in prospecting and attention to detail led to his promotion to Brokerage Associate two years prior to recieving his Bachelor’s degree. In June 2019, Kyle offically joined the Industrial Services Group as a Broker in Training.

Accomplishments

Argus Enterprise Software certified - 2019

Education

The Ohio State University
Bachelor of Business Administration
Real Estate and Urban Analysis
Fisher College of Business

Licensed Real Estate
Salesperson: OH

Memberships & Involvements

Colliers | Columbus Next Gen Practice Group

My Team

My Team

Featured Research
Sep 30, 2020
2020 Q3 Industrial Trends Columbus Colliers
The Columbus industrial market continued a strong year with a record third quarter, posting 3,660,680 square feet of positive net absorption. The ongoing COVID-19 pandemic has caused the already rising e-commerce industry to skyrocket in recent months, indicated by an influx of demand from these types of users. Due to this sustained demand, Columbus has seen absorption greater than 1 million square feet in 12 of the past 13 quarters. Additionally, this quarter marks the highest absorption in a single quarter since 2016. Despite recording positive absorption, vacancy slightly increased to 4.9 percent, as nearly 1 million square feet of new available speculative development was added to the market. This first-class space also caused overall and warehouse/distribution rates to rise, to $3.88 per square foot and $3.67 per square foot, respectively. In the past quarter, more than 4 million square feet of product broke ground and the number of users looking for industrial space increased from 102 to 120 tenants, demonstrating the strength of the industrial market. Central Ohio can expect continued activity in coming months as COVID-19 fuels growth in the industrial sector.
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Jun 30, 2020
2020 Q2 Industrial Trends Columbus Colliers
Despite uncertainty regarding the COVID-19 pandemic, the Columbus industrial market had a strong second quarter, recording 2,768,540 square feet of positive absorption. As a result of sustained demand in the market, Columbus has seen absorption greater than 1 million square feet in 11 of the past 12 quarters. Although absorption was positive this quarter, vacancy remained steady at 4.56%, as over 1.5 million square feet of completed speculative development was added to the market. This prime new space also caused overall asking rates and warehouse/distribution rates to increase, to $3.67 per square foot and $3.50 per square foot, respectively. The second quarter demonstrated the explosive growth of e-commerce, which is booming even more due to coronavirus. Companies like Amazon, Walmart and Sheseido continue to expand in Central Ohio, occupying first-class warehouse space. With nearly 9 million square feet of development under construction and 102 industrial tenants currently looking for space in the market, Columbus can anticipate consistent activity this year as the country works to recover from the effects of COVID-19.
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Mar 31, 2020
2020 Q1 Industrial Trends Report Columbus Colliers
The Columbus industrial market started the year on a positive note, recording 2,060,165 square feet of net absorption. In 10 of the past 11 quarters, the region has experienced absorption greater than 1 million square feet - a true testament to strong leasing activity, investment and development. This positive absorption drove vacancy down to 4.55 percent, which is over 30 basis points lower than a year ago. Overall asking rates remained stable at $3.44 per square foot, with rates for warehouses at $3.23 per square foot. General industrial properties saw the largest incline to $3.67 per square foot. The first quarter demonstrated growing demand from e-commerce companies and logistics providers, as Hormel Foods Corporation, Hims Inc., Hyperlogistics Group and FNS Inc. collectively leased over 1 million square feet around Central Ohio. These industries will continue to drive activity in Columbus, due to the area’s large influx of first-class industrial development. Construction activity remains solid with more than 8 million square feet of product currently underway - a majority of which is expected to reach completion throughout 2020.
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