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Mission-Critical Headquarters Facility Trades in Columbus Metro

Industrial development company Agracel has sold a recently-expanded mission-critical facility near Columbus, OH to Gladstone Commercial. HFF brokered the $8.3-million sale of the single-tenant 157,810-square-foot 759 Pittsburgh Dr. in Delaware, OH on Agracel’s behalf.

Located about 28 miles outside downtown Columbus and 13 miles from Interstate 270, the building is long-term leased to Acoust-A-Fiber, which manufactures acoustic, thermal management lightweight solutions for the automotive industry. It serves as Acoust-A-Fiber’s headquarters and primary manufacturing facility.

The HFF investment advisory team representing the seller was led by senior directors Robin Stolberg and Kurt Sarbaugh, along with director Nick Foster, senior director Ken Martin and analyst Sam Berry.

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About Paul Bubny

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 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).

  • ◦Sale/Acquisition