23 Dec 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: Retail
Price: $2,500,000 ($50.10 / SF)
Buyer: PRIME REAL ESTATE AND DEVELOPMENT CORP
Elifin’s Notes: Prime Real Estate and Development Corporation acquires a neighborhood shopping center on Mediterranean Avenue.

4045 Hamilton Square Blvd, Columbus, OH 43125

Type: Industrial
Price: $2,030,344 ($118.69 / SF)
Buyer: 4045 LAKEVIEW PARTNERS LLC
Elifin’s Notes: An industrial office/warehouse property changes ownership in the Winchester area.

22.241 Acres Babbitt Rd, New Albany, OH 43054

Type: Land
Price: $2,000,000 ($2.06 / Land SF)
Buyer: AMGEN INC
Elifin’s Notes: AMGEN Inc. purchases a 22.2+ acre parcel of land on East Dublin Granville Road.

6075 Emerald Pkwy, Columbus, OH 43016

Type: Retail
Price: $2,000,000 ($526.32 / SF)
Buyer: 6075 EMERALD PARKWAY OH LLC
Elifin’s Notes: A Steak ‘n Shake fast food property on Emerald Parkway changes hands.

2166 Baltimore-Reynoldsburg Rd, Columbus, OH 43068

Type: Retail
Price: $1,670,000 ($727.99 / SF)
Buyer: TAYLOR SQUARE OUTPARCELS LLC
Elifin’s Notes: DLC Management, a New York-based investment company, adds to their Taylor Square holdings with the acquisition of an outparcel fast-food property.

2110 Hilliard Rome Rd, Columbus, OH 43026

Type: Retail
Price: $1,565,385 ($224.98 / SF)
Buyer: WISHNEY CHRISTOPHER ADAM
Elifin’s Notes: The Advance Auto Parts property on Hilliard Rome Road changes ownership.

7340 E Broad St, Columbus, OH 43004

Type: Office
Price: $1,400,000 ($186.32 / SF)
Buyer: ANLAUR PROPERTIES LTD
Elifin’s Notes: Anlaur Properties acquires a medical office property along East Broad Street.

1815 Woodland Ave, Columbus, OH 43219

Type: Specialty
Price: $1,250,000 ($77.19 / SF)
Buyer: NJEH REAL ESTATE LLC
Elifin’s Notes: NJEH Real Estate LLC acquires a religious facility property sitting on 4 acres of land.

988, 998 Heyl Ave, Columbus, OH 43206

Type: Multifamily
Price: $1,070,000 ($178,333 / Unit)
Buyer: IZARA LLC
Elifin’s Notes: IZARA LLC acquires a 6-unit multifamily property on Heyl Avenue.

5071 Forest Dr (Suite A), New Albany, OH 43054

Type: Office
Price: $1,060,000 ($257.28 / SF)
Buyer: HOLDINGS S&S LLC
Elifin’s Notes: An office condominium unit changes ownership in New Albany.

5031 Forest Dr (Suite A), New Albany, OH 43054

Type: Office
Price: $975,000 ($231.70 / SF)
Buyer: FOREST DRIVE PROPERTIES LLC
Elifin’s Notes: An office condominium property in New Albany changes hands.

2180 Watkins Rd, Columbus, OH 43207

Type: Industrial
Price: $700,000 ($219.23 / SF)
Buyer: GMG CAPITAL INC
Elifin’s Notes: GMG Capital Inc. acquires an industrial warehouse property on Watkins Road

5880 Venture Dr, Columbus, OH 43017

Type: Office
Price: $612,500 ($114.53 / SF)
Buyer: SPECIAL NEEDS BENEFITS PLANNING LLC
Elifin’s Notes: Special Needs Benefits Planning LLC acquires an office condo property within the Perimeter Office Center.

7453 E Main St, Reynoldsburg, OH 43068

Type: Office
Price: $500,000 ($145.14 / SF)
Buyer: HN HOLDINGS LLC
Elifin’s Notes: An Indiana-based company acquires an office property near JFK Park.

2174 Sullivant Ave, Columbus, OH 43223

Type: Multifamily
Price: $463,000 ($77,167 / Unit)
Buyer: NORTH SYLVAN PROPERTIES LLC
Elifin’s Notes: North Sylvan Properties acquires a 6-unit multifamily property located in the Hilltop area.

4255 Kimberly Pkwy, Columbus, OH 43232

Type: Retail
Price: $453,000 ($81.10 / SF)
Buyer: CHURCH OF PENTECOST USA INC
Elifin’s Notes: The Church of Pentecost Columbus Eastside Assembly purchases the car wash property next to their religious facility.

4800 Indianola Ave, Columbus, OH 43214

Type: Office
Price: $399,000 ($221.67 / SF)
Buyer: HOWLEY INDUSTRIAL LLC
Elifin’s Notes: Howley Industrial purchases an office property adjacent to the Ohio School for the Deaf.

10, 14 S Kellner Rd, Columbus, OH 43209

Type: Retail
Price: $150,000 ($45.45 / SF)
Buyer: ZINO CITY LLC
Elifin’s Notes: A Michigan-based entity acquires a retail property in the Eastmoor area.

7470 E Main St, Reynoldsburg, OH 43068

Type: Land
Price: $110,000 ($6.65 / Land SF)
Buyer: JWF PROPERTIES LLC
Elifin’s Notes: JWF Properties acquires a 0.3+ acre parcel of commercial land on East Main Street in Reynoldsburg.

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.