16 Dec 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 PLACE SOUTH LLLC
Elifin’s Notes: An office property spanning 49,300 SF changes ownership at the intersection of Rings Road and Blazer Parkway.

6750 Crosby Ct, Columbus, OH 43016

Type: Industrial
Price: $3,500,000 ($134.33 / SF)
Buyer: CROSBY COURT LLC
Elifin’s Notes: An industrial warehouse property changes hands within the Fishel Industrial Park.

345, 355 E 20th Ave, Columbus, OH 43201

Type: Multifamily
Price: $2,255,250 ($107,393 / Unit)
Buyer: MIG 345 E20 LLC
Elifin’s Notes: A 21-unit multifamily property changes ownership on East 20th Avenue.

4871, 4891 Sawmill Rd, Columbus, OH 43235

Type: Office
Price: $1,283,000 ($77.48 / SF)
Buyer: BELLE XL LLC
Elifin’s Notes: A two-story, four unit office property in River Ridge Professional Park changes hands.

633, 635 N High St, Worthington, OH 43085

Type: Mixed-Use
Price: $825,000 ($220.00 / SF)
Buyer: MURRAY ISLE LLC
Elifin’s Notes: Murray Isle LLC acquires a multi-tenant mixed-use property at the intersection of North High Street and New England Avenue.

1012 N High St, Columbus, OH 43085

Type: Retail
Price: $417,500 ($116.17 / SF)
Buyer: GLAZE LLC
Elifin’s Notes: A former daycare property changes hands on North High Street in Worthington.

1291 W 3rd Ave, Columbus, OH 43212

Type: Retail
Price: $400,000 ($450.45 / SF)
Buyer: John E Evans
Elifin’s Notes: A retail property occupied by The Ohio Taproom sells in the Grandview neighborhood.

36 High St, Columbus, OH 43110

Type: Office
Price: $333,222 ($246.83 / SF)
Buyer: BELLAD AND COMPANY LLC
Elifin’s Notes: Bellad and Company acquires a former dwelling converted into an office property in Canal Winchester.

3525, 3529 Cleveland Ave, Columbus, OH 43224

Type: Land
Price: $150,000 ($1.27 / Land SF)
Buyer: CLEVELAND LIGHTS IMPROVEMENTS LLC
Elifin’s Notes: Cleveland Lights Improvements acquires a 2+ acre parcel of land located behind Shoppers World on Cleveland 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.