Dayton’s Family Connection

Ric Moody of Coldwell Banker Commercial Heritage leads the way

By Tim Walker

While there are a number of agencies you can turn to in the Miami Valley if you’re in the market to buy, sell or exchange commercial real estate, one of the most successful brokers in town knows the area like he was born and raised here—because he was.

Richard (Ric) J. Moody, 65, is the managing broker and an auctioneer for Coldwell Banker Commercial Heritage and hails from the city of Kettering. For years he was widely known in the area as the driving force behind Dayton Commercial Realty and National 1031 Exchange Consultants, but he has spent the past two years overseeing the commercial brokerage for Coldwell Banker Heritage. Keeping the family business multigenerational, Moody’s two children, Paul and Allison, work along with their father as commercial brokers out of the company’s Centerville office, which is located at 8534 Yankee St.

Patriarch Ric Moody graduated from Fairmont West High School in 1972 before going on to major in real estate at The Ohio State University in Columbus. He earned his Bachelor of Science degree from the Fisher College of Business there in 1978, and has lived in Centerville ever since.

“We oversee nine different offices all over the Miami Valley,” Moody says. “We cover an area that stretches from Troy to just north of Cincinnati. There’s also a brand new office opening in January of 2019 down in Monroe, Ohio, right next to the outlet mall there.”

When asked what the market is like for commercial real estate in the Dayton area Moody is enthusiastic. “The market has been booming for five years,” he says. “The economy has come back and it’s just exploding. There are 465 different agents in Coldwell Banker Heritage—mainly residential, of course—but of that there are a number who work strictly in commercial real estate as well.”

When approached by a new client with commercial property needs Moody does a quick assessment, determining what the client perceives their needs to be: whether they require office, retail or industrial space.

Clients needing more space may be interested in either buying or leasing and the broker will outline the pros and cons of each—or they may be looking to disperse with all or part of their current space. Whatever the customer’s particular needs Moody and his team will work closely with them, professionally and efficiently, to best determine and then provide whatever services the client requires.

Just a short list of the different types of real estate projects that Moody has developed, built, owned and managed over the years include commercial and industrial buildings, office buildings, shopping centers, university student housing, apartment, single family homes, residential condominiums, motels, restaurants, health and racquet clubs, nursing homes, retirement housing complexes and self-storage facilities.

Ric Moody and his team can be reached at the Coldwell Banker Commercial Heritage office in Centerville by calling 287-0072 or by email at