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Chicago & Midwest  + Midwest  + Industrial  |  June 5, 2018
Paul Bubny
By: Paul Bubny

NAI Global Affiliates Partner on Columbus, OH Sale-Leasebacks

Two NAI Global affiliates, NAI Hiffman and NAI Ohio Equities, represented the seller in the sale-leaseback of two mission-critical distribution and logistics facilities in Columbus, OH. Weston Inc. purchased the assets, located at 1727 Georgesville Rd. (pictured) and 5400 Renner Rd., totaling 356,004 square feet, from FST Logistics, which then entered into a long-term SLB for 100% of the space.

“This deal offers FST Logistics the opportunity to monetize its long-term tenancy in these assets, while continuing to serve its national clients’ unique and demanding logistics needs and freeing up capital to focus on its core business,” said Ted Staszak, SVP with NAI Hiffman.

Staszak and his NAI Hiffman colleagues Pat Sullivan and Ryan Chambers, together with NAI Ohio Equities’ Curt Berlin, Blake DeCrane and Matt Osowski, represented FST Logistics in the sale.


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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 16-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 7-10 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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  • ◦Sale/Acquisition
  • ◦Sale/Acquisition