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JLL Arranges Sale of Columbus-Area Office Duo
JLL closed the $41.4-million sale and $27.8-million financing of One & Two Easton Oval, a two-building, Class A office property totaling 252,461 square feet in the Columbus-area community of Easton, OH.
The firm represented seller Garrison Investment Group and procured the buyer, Minneapolis-based Founders Properties. In addition, JLL worked on the new owner’s behalf to secure a seven-year, floating-rate acquisition loan through TCF Bank.
JLL Capital Markets managing directors Jim Postweiler and Peter Harwood, SVP Derek Fohl and senior director Patrick Shields led the sales and marketing efforts for the seller, while Managing Director Steve Buss and EVP Marc Nanne represented the buyer. JLL agency leasing SVPs Collin Wheeler and Aaron Duncan supported the sales effort with their local market expertise and history of leasing the property.
JLL’s Capital Markets debt placement team representing the new owner was led by Managing Director Keith Largay and VP Patrik Modig.
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- ◦Sale/Acquisition
