The Pulse: Columbus

The Pulse CBUS: Staybridge Suites in Crosswoods sells for 7.2mm

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 115 Hutchinson Ave, Columbus, OH 43235 Type: Hospitality Price: $7,200,000 ($72,727 / Unit) Buyer: 115 HUTCHINSON INVESTMENT LIMITED PARTNERSHIP Elifin's Notes: The Staybridge Suites, 99 rooms, sells in the Crosswoods area. 1605 NW Professional Pl, Columbus, OH 43220 Type: Healthcare Price: $3,700,000 ($63.14 / SF) Buyer: SAPPHIRE PROPCO LLC Elifin's Notes: The Arlington Court &...

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The Pulse CBUS: The Huntington Plaza office building sells on West Broad

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 6335 Seeds Rd, Columbus, OH 43123 Type: Industrial Price: $20,300,000 ($97.48 / SF) Buyer: AREIT GROVE CITY LC LLC Elifin's Notes: An industrial property sells within the Grove City Industrial Park. 37 W Broad St, Columbus, OH 43215 Type: Office Price: $10,057,625 ($68.89 / SF) Buyer: CDDC HOLDINGS 37 LTD Elifin's Notes: The Huntington Plaza...

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The Pulse CBUS: Industrial properties sell for 72.55mm to global firm

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 3280 Southpark Pl, Columbus, OH 43123 Type: Industrial Price: $28,600,000 ($88.27 / SF) Buyer: AREIT SOUTHPARK LC II LLC Elifin's Notes: This is 1 of 3 large-scale industrial properties purchased by a global investment/management firm last week. 3265 Southpark Pl, Columbus, OH 43123 Type: Industrial Price: $28,000,000 ($86.96 / SF) Buyer: AREIT SOUTHPARK LC...

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The Pulse CBUS: Retail center and QSR change hands at Taylor Square

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 7643, 7691 Farmsbury Dr, Columbus, OH 43068 Type: Retail Price: $7,250,000 ($294.27 / SF) Buyer: TAYLOR SQUARE HOLDINGS LLC Elifin's Notes: DLC Management, a New York-based investment company, adds to their Taylor Square holdings with the acquisition of a nearby retail strip center property. 975, 1045 Mediterranean Ave, Columbus, OH 43229 Type:...

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The Pulse CBUS: Xander on State apartments sell for 43.5mm

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 265 E State St, Columbus, OH 43215 Type: Multifamily Price: $43,550,000 ($190,175 / Unit) Buyer: XANDER ON STATE HOLDING LLC Elifin's Notes: The Xander on State apartment complex, featuring 224 boutique apartments and 5 retail units, changes ownership. 5200 Rings Rd, Columbus, OH 43017 Type: Office Price: $8,000,000 ($162.27 / SF) Buyer: 535 METRO...

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The Pulse CBUS: Rocco Commons retail center sells for 6.08mm

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 5677 Alshire Rd, Columbus, OH 43232 Type: Industrial Price: $8,500,000 ($75.67 / SF) Buyer: ASPCA COLUMBUS LLC Elifin's Notes: The ASPCA Columbus acquires an industrial manufacturing property on Alshire Road. 5757 N Hamilton Rd, Columbus, OH 43054 Type: Retail Price: $6,080,000 ($506.67 / SF) Buyer: 5751 5771 NORTH HAMILTON ROAD LLC Elifin's Notes: Rocco Commons,...

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The Pulse CBUS: Big box retail center sells near Tuttle Crossing

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 5700, 5780, 5800, 5830 Britton Pkwy, Columbus, OH 43016 Type: Retail Price: $21,000,000 ($108.27 / SF) Buyer: TUTTLE CROSSING HOLDINGS LLC Elifin's Notes: A retail center, with several big box store tenants, sells across from The Mall at Tuttle Crossing. 720 Cross Pointe Rd, Columbus, OH 43230 Type: Industrial Price: $2,068,000 ($110.53 /...

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The Pulse CBUS: Multifamily portfolio sells for 170mm

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 2764 Preston Club, Columbus, OH 43219 Type: Multifamily Price: $170,000,000 ($121,602 / Unit) Buyer: GARDENS OWNER LLC Elifin's Notes: The Gardens Columbus multifamily complex, a 1,398-unit portfolio of condominiums, sells in the Somerset area. 7343, 7349 Worthington Galena Rd, Columbus, OH 43085 Type: Specialty Price: $4,950,000 ($111.80 / SF) Buyer: CROSSROADS COMMUNITY CHURCH INC Elifin's...

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The Pulse CBUS: Ohio Power Company purchases land

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 2030 Stringtown Rd, Columbus, OH 43123 Type: Healthcare Price: $11,500,000 ($235.25 / SF) Buyer: OHIOHEALTH CORPORATION Elifin's Notes: OhioHealth Corporation has acquired their Grove City location. 651 S State St, Columbus, OH 43081 Type: Retail Price: $1,315,000 ($414.70 / SF) Buyer: GB STATE STREET LLC Elifin's Notes: The Pizza Hut property next to the Kroger...

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The Pulse CBUS: The Crown Pointe sells for 18.7mm

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 3473 Derrer Hill Dr, Columbus, OH 43204 Type: Multifamily Price: $18,700,000 ($123,026 / Unit) Buyer: MEADOWS AT SALEM RUN LLC Elifin's Notes: The Crown Pointe, a luxury apartment complex, sells as a collection of 152 condominiums. 4664 Kenny Rd, Columbus, OH 43220 Type: Multifamily Price: $18,200,000 ($303,333 / Unit) Buyer: KP TIC I LLC Elifin's...

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