breaking news

Mechanicsburg man accused of raping 2 young kids

In brief


REAL ESTATE

Industrial real estate market firming up

The Dayton-area industrial real estate market may be firming up, according to a new report from commercial real estate firm Cassidy Turley.

According to the firm’s “industrial market snapshot” for the third quarter of 2013, a combination of leasing/sale activity combined with finished construction projects led to more than 450,000 square feet of positive absorption.

So far this year, the Dayton market has seen more than 1.1 million square feet of positive absorption.

Positive absorption happens when previously vacant space became occupied by a tenant business.

Nearly 500,000 square feet of newly built industrial space was completed in the third quarter, the report said. So far this year, there have been 1.15 million square feet of new industrial space completed.

More than 625,000 square feet of industrial space is currently under construction across the Dayton market, with more being planned, Cassidy Turley said.

Vacancies are down in bulk warehouse and flex office/warehouse categories while vacancies are up in the freestanding building category, the firm said.

The Dayton market’s overall industrial vacancy rate in the third quarter is 15.9 percent, a 0.5 percent increase over the second quarter vacancy rate, the report said. THOMAS GNAU

SURVEY

“Made in Dayton” blog taking survey

The website www.madeindaytonblog.com is surveying Dayton-area manufacturers to find out how many job openings they have and what employee skills they need.

This year’s survey is being conducted with Dayton Area Chamber of Commerce, the Dayton Region Manufacturers Association, BusinessFirst!, and Sinclair Community College’s Workforce Development Division, Steve Staub, of Vandalia’s Staub Manufacturing Solutions, said in a post.

The survey asks how many jobs are open, what types of openings are out there and what the jobs pay.

For more information or to take the survey, go to madeindaytonblog.com. THOMAS GNAU

EARNINGS

Chipotle net income climbs

Chipotle says its profit rose 15 percent in the third quarter as more customers flocked to its restaurants for burritos, tacos and bowls.

The Denver-based company said sales at restaurants open at least a year, a key metric, rose 6.2 percent in the period, driven by higher customer traffic. The sales jump follows a 4.8 percent increase a year ago.

For the quarter, Chipotle Mexican Grill Inc. earned $83.4 million, or $2.66 per share. That’s up from $72.3 million, or $2.27 per share, a year ago. Analysts expected $2.78 per share. ASSOCIATED PRESS

Revenue rose 18 percent to $826.9 million, topping the $820.3 million analysts expected.


Reader Comments ...


Next Up in Business

Ohio’s jobless rate grows
Ohio’s jobless rate grows

Ohio’s unemployment rate edged up last month to 5.2 percent, up from 5 percent in June, as the number of unemployed people outpaced the number of people who won new jobs. In its monthly report released Friday, the state said its non-agricultural wage and salary employment rose 1,600 over the month, from a revised 5,536,500 in June to 5,538,100...
Workplace incivility, aggression impacts more than half of US workers
Workplace incivility, aggression impacts more than half of US workers

What’s causing so much unhappiness at work for more than half of American workers? Incivility in the workplace, according to a new study. Nearly 55 percent of workers say they’ve faced “unpleasant or potentially hazardous” conditions at work, according to a new study by the Rand Corp., Harvard Medical School and the University...
Xenia Twp. trustees approve Kil-Kare rezoning request 
Xenia Twp. trustees approve Kil-Kare rezoning request 

UPDATE @ 9:26 p.m.:  Xenia Twp. trustees have voted to allow a rezoning request for land near Kil-Kare Speedway and Drag Strip. The vote was 2-1.  Trustee Susan Spradin was the dissenting vote.  David Reed, Dayton attorney for Nutter Enterprises, which opposed the zoning change, said he and his client are determining their next steps...
New store opens at The Greene in Beavercreek
New store opens at The Greene in Beavercreek

A new puzzle shop has opened at The Greene Town Center in Beavercreek. Puzzle Plus, a family-owned puzzle store, sells jigsaws, brain teasers, puzzle books and games. The store carries games and puzzles for all ages and skill levels. The puzzle store opened in 1995 in Beavercreek, but just moved to a new location at The Greene at 4465 Glengarry Drive...
Sweepstakes scam drains older couple’s life savings
Sweepstakes scam drains older couple’s life savings

An older couple from West Liberty is out tens of thousands of dollars after falling prey to a telephone sweepstakes scam.  The Logan County husband and wife, who wish to remain anonymous, paid a total of $48,000 to a company that goes by the name Consumer Protection Bureau, which offered in return a cash prize of $600,000, according to a release...
More Stories