Shane Woloshan

Shane Woloshan

SIOR

Senior Executive Vice President | Principal

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About

Professional Summary

Shane E. Woloshan, SIOR is a member of the Columbus Industrial Team at Colliers International along with Michael Linder, SIOR, Joel Yakovac, SIOR, Jonathan Schuen,  SIOR, Kyle Ghiloni, and Molly Crosby, Shane specializes in industrial leasing, investment sales and tenant representation. Throughout Shane’s fifteen year career in commercial real estate he has established himself as one of the prominent names of industrial real estate in Columbus, Ohio. Shane has provided his expertise to major corporations, local companies, investors and developers. In addition, he also earns referrals and repeat business from his many satisfied clients. Shane’s market knowledge, relationships, prompt follow up and attention to detail enable him to successfully complete assignments for his clients.

Accomplishments

PROFESSIONAL ACCOMPLISHMENTS & AFFILIATIONS

  • Colliers International Everest Club, 2015, 2016, 2018, 2019
  • Colliers International | Greater Columbus
    • Region Presidents Club, 2007 - 2018
  • Columbus Realtors Achievements
  •  Top Producer - 2015 to 2019
  •  Largest Transaction -2009, 2013, & 2019
  •  Largest Sale - 2019
  • 1031 Exchange Award - 2019
  • Board of Directors, 2011
  •  Steering Committee, Chair, 2011

 

  • Midwest Real Estate Hall of Fame, 2015
  • Member, Society of Industrial and Office Realtors (SIOR)
    •    Ohio President, 2017
  • Member, Colliers Asset Resolution Practice
  • Member, Council of Supply Chain Management Professionals
  • Member, Toastmasters International, Competent Communicator

Education

Bachelor of Science in Business Administration-Marketing Major, Miami University

 

Memberships & Involvements

SIOR
CSCMP

Clients

• Armstrong World Industries
• Atrium Buying Corporation
• Avnet
• Avon
• Cabot
• California State Teachers Retirement System
• City of Columbus
• Columbus Equipment Company
• Daimler Group
• DHL
• Dalfen Industrial
• Duke Realty
• Eaton Vance
• Evergreen
• Exeter Property Group
• Fanatics
• First Industrial
• Guardian Industries
• Hackman Capital
• HD Supply
• Hillwood
• Hokuto
• Honeywell
• HSA Commercial Real Estate
• Industrial Realty Group
• Interstate Truckway, Inc
• Invesco
• Liberty Property Trust

• Lincoln Property Company
• Mettler Toledo
• MTD products
• Nippon Express
• Ohio CAT
• Opus
• OTP Industrial Solutions
• Owens Corning
• Perceptive Capital
• Pier 1
• Plymouth Industrial
• Polaris Industries
• ProLogis
• Rogue Fitness
• RREEF
• Saint-Gobain Performance Plastics
• SK Realty Management
• Springs Window Fashions
• STAG
• Staples
• Sun Life
• The Kroger Company
• Thirty-One Gifts
• Time Equities
• Van Trust
• W.W. Grainger
• Welsh Property Trust
• Weston

Testimonials

“Wilmington Commerce Park consists of 5 buildings that have been vacant and on the market since 2010 with little activity. I hired the Colliers brokerage team in May, 2012. The all-Ohio team provided consistent updates and expert advice every step of the way. Within nine months a 327,470 sf building was sold to an owner user for a profit. ”
Two months later we had two more buildings filled with 200,000 additional SF absorbed.

~Sam Kirschenbaum
SK Realty

Services

Skills
Asset Resolution Services
Service Lines
Landlord Representation, Tenant Representation
Property Types
Industrial

My Team

My Team

Featured Research
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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Jan 2, 2020
2019 Q4 Industrial Trends Report Columbus Colliers
The Columbus industrial market finished 2019 with year-to-date net absorption* of 5,254,378 square feet, despite recording 126,048 square feet of negative absorption in the fourth quarter. This marks the first quarter of negative net absorption of the year, due to a record number of projects under construction but only three completions. Strong leasing activity and completed build-to-suit warehouses are expected to drive absorption positive in the first half of 2020. Vacancy increased slightly to 4.61 percent but is 24 basis points lower than it was at the end of last year, demonstrating steady growth in the industrial sector. Overall asking rates held steady at $3.51 per square foot, with rates for warehouse/distribution properties reaching $3.32 per square foot. In the fourth quarter, international retailers and 3PL providers were driving forces on the Central Ohio market, as Gap, Hollingsworth Logistics, Walmart and FedEx collectively took 800,000 square feet of space throughout the area. Demand for state of the art warehouse space propelled construction activity to 9.7 million square feet - the most there has ever been underway at once. The Columbus unemployment rate remained at 3.7 percent this quarter due to the city being considered at “full employment” compared to the rest of the country. GDP grew at 2.1 percent this year but is expected to soften slightly to 1.7 percent due to an upcoming election year. The industrial market can anticipate sustained growth in the future, as tenants, investors and developers continue to recognize Columbus as an international logistics hub.
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Oct 1, 2019
2019 Q3 Industrial Trends Report Columbus Colliers
The Columbus industrial market continued a strong year in the third quarter, recording 1,605,350 square feet of net absorption*. This brings year-to-date net absorption to over 5.3 million square feet - outpacing 2018’s third quarter total by almost 1 million square feet. Due to strong leasing activity and consistent construction, Columbus experienced absorption greater than 1 million square feet for the ninth consecutive quarter. Vacancy continues to decline, dropping from 4.62 percent to 4.34 percent. Overall asking rates remained stable at $3.52 per square foot, but rates for R&D/Flex properties rose slightly from $6.15 to $6.36 per square foot. This quarter, online retailers and logistics companies proved driving forces on the industrial market, with Walker Edison Furniture, ODW Logistics, Spartan Logistics and Startech.com all committing to warehouse space around the region. Growing demand in the Columbus market has led to sustained construction activity in recent years. There is currently 8.8 million square feet of product under construction, 6.9 million square feet in the pipeline and 2.8 million square feet completed year-to-date. Due to a tight labor market, the Columbus unemployment rate rose from 3.4 percent to 3.7 percent this quarter. This rate is forecasted to remain stable in coming months, as the city is considered at “full employment” level. Throughout the rest of 2019, Central Ohio can expect continued growth as large build-to-suit projects reach completion and global companies occupy space in the area.
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Featured News
Nov 9, 2019
Columbus Industrial Team Finds Warehouse Space for Hollingsworth
Shane Woloshan, SIOR from Colliers | Columbus and Pete Kepic from Colliers | Detroit were the lead industrial brokers.
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May 30, 2019
2019 Top Producers Award Release
Colliers International | Greater Columbus Region is proud to announce that they are home to five of the ten Top Producers at the Columbus Board of Realtors Commercial Awards.
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