The Pulse: Columbus

The Pulse CBUS: Pennsylvania-based company purchases industrial portfolio for 55mm

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 5900 N Meadows Dr, Columbus, OH 43123 Type: Industrial Price: $23,743,974 ($123.28 / SF) Buyer: EXETER 5900 MEADOWS LP Elifin's Notes: In one of three purchases this past week, a Pennsylvania-based real estate investment company purchases a 192,000+ square foot warehouse distribution center property near London Groveport Road and I-71 5701...

Read More

The Pulse CBUS: Allbridge Rehabilitation and Nursing Center property sells

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 5500 E Broad St, Columbus, OH 43213 Type: Healthcare Price: $4,352,134 ($141.29 / SF) Buyer: COLUMBUS 5500 PROPERTY HOLDINGS LLC Elifin's Notes: The Allbridge Rehabilitation and Nursing Center property, sitting on two parcels, changes hands in the Blacklick area 3940 Lyman Dr, Columbus, OH 43026 Type: Retail Price: $2,800,000 ($118.21 / SF) Buyer: LIFEWISE...

Read More

The Pulse CBUS: 123-year-old York Masons Building sells

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 867 Mt Vernon Ave, Columbus, OH 43203 Type: Office Price: $2,900,000 ($107.62 / SF) Buyer: MAROON ARTS GROUP Elifin's Notes: An office building, the York Masons Building, built in 1900, sells in the King-Lincoln Bronzeville area 1760 E Dublin Granville Road, Columbus, OH 43229 Type: Retail Price: $2,600,000 ($69.18 / SF) Buyer: G &...

Read More

The Pulse CBUS: Retail center sells for 3.1mm on Grandview Ave

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 648 Grandview Ave, Columbus, OH 43215 Type: Retail Price: $3,100,000 ($376.40 / SF) Buyer: South of Grandview/Dublin Rd. Elifin's Notes: A multi-tenant retail property with a gas station sells in the South of Grandview/Dublin Rd area 1948 Mcallister Ave, Columbus, OH 43205 Type: Retail Price: $2,142,857 Buyer: FIP MASTER FUNDING XXIV LLC Elifin's Notes: In...

Read More

The Pulse CBUS: Two Crosswoods area hotels sell for 14.8mm total

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 7300 Huntington Park Dr, Columbus, OH 43235 Type: Hospitality Price: $8,850,000 ($85,096 / Unit) Buyer: COLUMBUS NORTH APARTMENTS LLC Elifin's Notes: In one of two similar transactions, the common buyer purchased the Surface Inn Worthington Hotel in the Crosswoods area 7272 Huntington Park Dr, Columbus, OH 43235 Type: Hospitality Price: $5,950,000 ($63,298 /...

Read More

The Pulse CBUS: Church campus sells for 1.9mm

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 161 N Hamilton Rd Type: Specialty Price: $1,925,000 ($76.75 / SF) Buyer: UNITY TEMPLE CHURCH OF GOD IN CHRIST INC Elifin's Notes: Unity Temple Church of God in Christ Inc. purchases prior CharismaLife Ministries building in the Whitehall area 186 N High St Type: Office Price: $675,000 ($183.42 / SF) Buyer: KCR PROPERTIES LLC Elifin's...

Read More

The Pulse CBUS: The Aldelphi Quarter sells for 20.8mm

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 818 E Long St Type: Mixed-Use Price: $20,805,000 Buyer: MOLL - PRESERVE II LLC Elifin's Notes: An Utah-based investment firm purchases The Aldelphi Quarter mixed-use property, across two parcels, within the King Lincoln District 75 E State St Type: Hospitality Price: $9,662,625 ($23,741 / Unit) Buyer: OHIO JOSEPH INVESTMENTS LLC Elifin's Notes: The Sheraton Columbus...

Read More

The Pulse CBUS: Multi-tenant shopping center sells for 6.6mm

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 880 S Hamilton Rd Type: Retail Price: $6,625,000 ($74.46 / SF) Buyer: IS-CAN GREAT EASTERN LP Elifin's Notes: A multi-tenant shopping center, anchored by Planet Fitness, sells in the Whitehall area 3580 Groveport Rd Type: Industrial Price: $1,200,000 ($138.25 / SF) Buyer: RACEWAY INVESTMENTS LLC Elifin's Notes: A two-building industrial property sitting on 4+ acres...

Read More

The Pulse CBUS: Extended Stay America Hotel sells for 4.7mm

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 6255 Quarter Horse Dr Type: Hospitality Price: $4,755,000 ($37,148 / Unit) Buyer: QUARTER HORSE INVESTMENTS LLC Elifin's Notes: The Extended Stay America Hotel sells in the Busch area 5820 Clyde Moore Dr Type: Industrial Price: $2,220,000 ($91.95 / SF) Buyer: HADLEY FAMILY PROPERTIES LLC Elifin's Notes: Through three transactions, an industrial property sells in the...

Read More

The Pulse CBUS: Diamond Plaza retail center sells for 2.9mm

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 4030 - 4038 Morse Rd Type: Retail Price: $2,900,000 ($201.39 / SF) Buyer: MORSE CODE I LLC Elifin's Notes: Diamond Plaza, a multi-tenant retail center, sells in the Strawberry Farms area 1100 Rarig Ave Type: Industrial Price: $1,800,000 ($85.71 / SF) Buyer: 1100 RARIG AVE LLC Elifin's Notes: An industrial property sitting on two parcels,...

Read More