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George Stecz | Colliers | Columbus

George Stecz

Senior Vice President

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About

Professional Summary

As a capital markets specialist, George Stecz has acquired an extensive background in commercial real estate dispositions, acquisitions, and development. During his nearly 25 year career in commercial real estate he has consummated office, industrial and retail dispositions/acquisitions totaling over $1.8 billion in aggregate value in Central Ohio.

Prior to joining Colliers International, George previously served as Senior Managing Director of Cushman & Wakefield while leading the Investment Sales team in sales of Institutional and Private Equity firm assets. Prior to joining Cushman & Wakefield, George was a Managing Member of CBRE’s Columbus Investment Properties team. Prior to initiating his brokerage career, George was a key member in Ohio for Duke Realty as Development & Acquisition Controller. During his Duke tenure, George was an integral member of a team in financing and developing over six million square feet of office, industrial, and retail product in addition to $100 million in acquisitions.

Accomplishments

  • Top Volume Producer for Commercial Real Estate in Columbus Award - 2005, 2006, 2007, 2009, 2011, 2012
  • Commercial Industrial Largest Transaction Award - 2006, 2008, 2012

Education

Bachelor of Science in Business Administration (Accounting Major), University of Cincinnati

Memberships & Involvements

Columbus Board of Realtors Ohio and National Association of Realtors

Testimonials

  • Pizzuti Industrial Portfolio - 2,657,265 SF
  • Kenhio Industrial Portfolio - 2,150,205 SF
  • Invesco Industrial Portfolio - 1,756,000 SF
  • TIAA Industrial Portfolio - 1.110,875 SF
  • Duke Realty Flex Portfolio - 1,013,185 SF
  • The Continent - 956,172 SF
  • Columbus Office Portfolio (AEW) - 778,621 SF
  • ODW Logistics Corporate - 759,752 SF
  • The Prime Group Realty Trust - 732,807 SF
  • IBM Property Portfolio - 686,223 SF
  • The Prudential Industrial Portfolio - 655,353 SF
  • One Columbus - 407, 752 SF
  • National City Plaza - 358,642 SF
  • Busch Corporate Center - 327,605 SF

Services

Skills

Investment Properties

Service Lines

Landlord Representation

Property Type

Industrial, Office

Featured Research

Jan 1, 2022

2021 Q4 Office Trends Columbus Colliers

As the world continues to feel the effects of the ongoing COVID-19 pandemic, the Columbus office market recorded negative net absorption of 55,939 square feet in the fourth quarter. The negative year-to-date absorption of 717,942 square feet has driven vacancy from 11.8 percent in Q1 2021 to 12.76 percent this quarter. However, Central Ohio is showing signs of recovery, with new development and tenant demand picking up significantly throughout the year. With 1.3 million square feet of product underway and over 140 users searching for office space, Columbus can anticipate increased activity in the new year.
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Oct 1, 2021

2021 Q3 Office Trends Columbus Colliers

The Columbus office market continues to be impacted by the ongoing COVID-19 pandemic, recording 262,017 square feet of negative net absorption and vacancy of 12.7 percent.
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Mar 31, 2020

2020 Q1 Office Trends Report Columbus Colliers

The Columbus office market started off the year with slightly negative net absorption of 23,110 square feet. However, the market recorded positive absorption in seven of the past eight quarters, demonstrating the overall strength of the office sector. Ongoing investment, development and leasing activity drove positive absorption of 55,094 square feet in the CBD - the highest of any submarket this quarter. Despite overall vacancy increasing to 9.07 percent, the rate is over 40 basis points lower than in the first quarter of last year. Overall asking rates also experienced positive growth, rising to $18.84 per square foot. Rates for Class A and B properties both increased, to $20.99 per square foot and $17.83 per square foot, respectively. Three large-scale construction projects totaling 421,250 square feet broke ground this quarter, including the mixed-use Grandview Crossing development, the second phase of Gravity in Franklinton and the expansion of the Arena District, which will be home to Chipotle’s Columbus headquarters.
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