Newly Renovated Cincy Offices Change Hands
JLL Capital Markets has completed the sale of Columbia Plaza, a newly renovated, 538,437-square-foot office building in Cincinnati, for an undisclosed sum. The firm represented the seller, HighBrook Investors, and procured the buyer, Zamir Equities, LLC.
Columbia Plaza is located at 250 E. 5th St. in Cincinnati’s CBD, which is home to eight Fortune 500 companies. Recent renovations to the 29-story tower include a 5,000-square-foot expansion to the lobby, a 3,000-square-foot tenant lounge, conferencing facilities, outdoor plaza with multiple seating areas and a 494-space subterranean parking garage. The 76.2%-leased Columbia Plaza is anchored by Western & Southern.
The JLL Capital Markets team representing the seller was led by senior managing directors Jaime Fink, Jeffrey Bramson and Bruce Miller, senior director Patrick Shields and director Sam Difrancesca.
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