06 Jan 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 office building, 146,000 square feet, sells at the corner of West Broad & North Front Streets.

421, 435 W State St, Columbus, OH 43215

Type: Mixed-Use
Price: $5,000,000 ($98.80 / SF)
Buyer: COLUMBUS HOLDING GROUP LLC
Elifin’s Notes: The Columbus Next Generation Corporation purchases the “MANIFEST” building, occupied by the Idea Foundry along with the adjoining Gravity Experience Park. They made the purchase through two separate transactions totaling 7.5mm.

122 Mc Dowell St, Columbus, OH 43215

Type: Mixed-Use
Price: $2,500,000
Buyer: COLUMBUS HOLDING GROUP LLC
Elifin’s Notes: The Columbus Next Generation Corporation purchases the “MANIFEST” building, occupied by the Idea Foundry along with the adjoining Gravity Experience Park. They made the purchase through two separate transactions totaling 7.5mm.

4555 Cemetery Rd, Columbus, OH 43026

Type: Office
Price: $2,086,000 ($204.33 / SF)
Buyer: VANDERBLUTE LLC
Elifin’s Notes: Vanderblute LLC purchases an office/medical property on Cemetery Road.

6500 Shier Rings Rd, Columbus, OH 43016

Type: Industrial
Price: $1,900,000 ($43.84 / SF)
Buyer: 6500 SHIER RINGS LLC
Elifin’s Notes: An industrial property changes ownership on Shier Rings Road.

3900 Sullivant Ave, Columbus, OH 43228

Type: Industrial
Price: $1,900,000 ($23.02 / SF)
Buyer: AEP OHIO TRANSMISSION COMPANY INC
Elifin’s Notes: AEP Ohio Transmission Co. Inc. acquires an industrial property with a laydown yard on Sullivant Avenue.

3051 Delta Marine Dr, Columbus, OH 43068

Type: Industrial
Price: $1,300,000 ($118.10 / SF)
Buyer: DELTA MARINE DRIVE REAL ESTATE INVESTORS LLC
Elifin’s Notes: Delta Marine Drive Real Estate Investors acquires an industrial property in Reynoldsburg that features office space and climate controlled warehouse space.

3721 Fishinger Rd, Columbus, OH 43026

Type: Retail
Price: $1,200,000 ($438.12 / SF)
Buyer: CFT NV DEVELOPMENTS LLC
Elifin’s Notes: A Nevada-based company acquires a retail fast-food property in Hilliard.

44, 46 W Main St, Westerville, OH 43081

Type: Multifamily
Price: $1,000,000 ($125,000 / Unit)
Buyer: KBMC MA00 LLC
Elifin’s Notes: An 8-unit multifamily property sells near Otterbein University.

673, 675 Wilson Rd, Columbus, OH 43228

Type: Industrial
Price: $920,000 ($72.15 / SF)
Buyer: SM PROPERTIES 673 N WILSON LLC
Elifin’s Notes: An industrial property changes hands on North Wilson Road.

47 E Wilson Bridge Rd, Columbus, OH 43085

Type: Office
Price: $800,000 ($72.15 / SF)
Buyer: 47 EWB LLC
Elifin’s Notes: An office property changes hands on East Wilson Bridge Road in Worthington.

3656, 3662 Broadway, Columbus, OH 43123

Type: Office
Price: $715,000 ($168.83 / SF)
Buyer: WILLOW OAK PROPERTIES LLC
Elifin’s Notes: Willow Oak Properties acquires an office property on Broadway.

117 E Lazelle Rd (Units A, C, D), Columbus, OH 43235

Type: Office
Price: $330,000 ($61.62 / SF)
Buyer: LAZELLE VENTURES LTD
Elifin’s Notes: A combination of three office condo units, formerly a dentist office, sell in Worthington.

573 S Grant Ave, Columbus, OH 43206

Type: Retail
Price: $317,900 ($497.50 / SF)
Buyer: 573 S GRANT AV LLC
Elifin’s Notes: A retail property sells in the German Village area.

1481 Doten Ave, Columbus, OH 43212

Type: Office
Price: $280,100 ($110.45 / SF)
Buyer: 5010 HEATHERMOOR LLC
Elifin’s Notes: A veterinarian office property changes hands on Doten Avenue.

2182 Frank Rd, Columbus, OH 43223

Type: Office
Price: $236,393 ($262.66 / SF)
Buyer: CUTTING EDGE REMODELING LLC
Elifin’s Notes: Cutting Edge Remodeling purchases an office property along with an adjoining vacant land parcel on Frank Road.

4008, 4010 Broadway, Columbus, OH 43123

Type: Retail
Price: $218,900 ($49.73 / SF)
Buyer: WAUGH CHRISTOPHER M TTEE
Elifin’s Notes: A retail property changes ownership on Broadway in Grove City.

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.