18 Dec 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 N Meadows Dr, Columbus, OH 43123

Type: Industrial
Price: $20,345,139 ($75.53 / SF)
Buyer: EXETER 5701 MEADOWS LP
Elifin’s Notes: In one of three purchases this past week, a Pennsylvania-based real estate investment company purchases a 269,000+ square foot general industrial property along North Meadow Drive next to I-71

4051 Leap Rd, Columbus, OH 43026

Type: Industrial
Price: $15,500,000 ($70.02 / SF)
Buyer: DP 115 LLC
Elifin’s Notes: A two building, multi-tenant light industrial property sells in Hilliard

2240 Creekside Pkwy, Columbus, OH 43137

Type: Industrial
Price: $11,153,923 ($82.62 / SF)
Buyer: EXETER 2240 CREEKSIDE LP
Elifin’s Notes: In one of three purchases this past week, a Pennsylvania-based real estate investment company purchases a 135,000 square foot warehouse distribution center property in Lockbourne

1000 E Broad St, Columbus, OH 43205

Type: Office
Price: $2,666,968 ($118.72 / SF)
Buyer: NPA HOUSING PROPERTY LLC
Elifin’s Notes: A medical office property changes hands along East Broad Street near I-71

1255 County Line Rd, Columbus, OH 43081

Type: Retail
Price: $2,400,000 ($311.93 / SF)
Buyer: RENNOB INC
Elifin’s Notes: A day care center sells at the intersection of Country Line Road and Sunbury Road in Westerville

4260 Tuller Ridge Dr, Columbus, OH 43017

Type: Office
Price: $1,700,000 ($104.71 / SF)
Buyer: 4260 TULLER RIDGE ACUISITION LLC
Elifin’s Notes: An office property sells along Tuller Ridge Drive in Dublin

100 N Garfield Ave, Columbus, OH 43203

Type: Multifamily
Price: $1,100,000 ($68,750 / Unit)
Buyer: JRJR ENTERPRISES LLC
Elifin’s Notes: A 16-unit multifamily property changes hands near the Lincoln Theatre by the intersection of East Long Street and North Garfield Avenue

4800 Sinclair Rd, Columbus, OH 43229

Type: Retail
Price: $801,500 ($106.84 / SF)
Buyer: BLACKSTONE SINCLAIR LLC
Elifin’s Notes: An automotive service property sells located off of Sinclair Road Exit 116 on I-71

2099 W Fifth Ave, Columbus, OH 43212

Type: Office
Price: $575,000 ($142.33 / SF)
Buyer: 2099 W FIFTH AVE LLC
Elifin’s Notes: An office property changes hands along West Fifth Avenue on the eastern side of the Scioto River

5875 Taylor Rd, Gahanna, OH 43230

Type: Land
Price: $550,000 ($7.94 / Land SF)
Buyer: COLUMBIA GAS OF OHIO INC
Elifin’s Notes: Columbia Gas of Ohio Inc purchases a property, sold as land, comprising 1.5+ acres of land with a single family residence

1258 Oak St, Columbus, OH 43205

Type: Land
Price: $250,000 ($15.94 / Land SF)
Buyer: VOULI PARTNERS QOZB LLC
Elifin’s Notes: An entity purchases approximately 0.36 acres of vacant commercial land at the corner of Oak St and Wilson Avenue

Sale records included based on the following parameters: Building and commercial land sales with a sales price that is either withheld or greater than or equal to $100,000. Multifamily sales greater than or equal to 5 units. Sale must be an arm’s length transaction (between unrelated parties). Best efforts are made to provide complete and reliable information, but accuracy is not guaranteed and the reader bears the responsibility to verify the accuracy of such information prior to forwarding it, utilizing it, or relying on it in any way.