Clear Height Properties Makes First Ohio Acquisition
A joint venture partnership between Oak Brook, IL-based real estate investor Clear Height Properties and Brookfield, Wisconsin-based MLG Capital has acquired a 290,573 square-foot infill industrial building located at 1675 Watkins Rd. in Columbus, OH. The acquisition is the first in Ohio for Clear Height.
The soon-to-be-fully-renovated building is available for lease and strategically located on the southeast side of Columbus, within the Watkins Road Industrial Park, adjacent to Norfolk Southern Discovery intermodal yard, and near Rickenbacker air cargo airport.
“We are bullish on the Columbus market and excited at the opportunity that this property presents given it’s unique value-proposition for tenants,” said Gary Rose, COO and president of Clear Height Properties. “Leasing efforts have already commenced, and our capital improvement program will be kicking off shortly.”
JLL’s Dan Wendorf represented the seller, Garrison Investment Group. Nick Tomasone and Joe Davis, also of JLL, represented Clear Height.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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