Columbus
Spec Build in Gahanna, OH Lands Long-Term HQ Tenant
NKF arranged a new, long-term, 52,500-square-foot lease to Benchmark Industrial Inc., at the Central Park of Gahanna, a 262,500-square-foot spec… Read more
ORIX Adds McConnell to Oversee Post-Merger Marketing
ORIX Real Estate Capital (OREC), the combined company of Lancaster Pollard and RED Capital Group, has hired Julie McConnell as… Read more
Home Sales Reverse Course, Slide 4.9% in March
Existing-home sales retreated in March, following February’s surge of sales, according to the National Association of Realtors (NAR). Each of… Read more
Transwestern Takes 1.5M-SF Ohio Industrial Portfolio
A three-building, 1.5-million-square-foot industrial portfolio in Columbus, OH has traded hands for a reported $32 million. Transwestern Investment Group purchased… Read more
Columbus-Area Quad/Graphics Facility Will See Multi-Tenant Use
A former Quad/Graphics facility in Columbus, OH will be repurposed for multi-tenant use, Reich Brothers said Tuesday. The New York… Read more
Nationwide Continues Buildout at Grandview MXU in Columbus
Nationwide Realty Investors has multiple new projects underway at Grandview Yard, the mixed-use development in what had been a blighted… Read more
NKF Expands Valuation/Advisory Team in OH, KY and IN
NKF has expanded five Valuation & Advisory (V&A) offices throughout Ohio, Indiana and Kentucky. Ryan Cloern and Jennifer Cundiff are the newest members of the… Read more
Construction Moves Forward on 158-Unit Twelve Cowboys Way
The Dallas Cowboys’ football team owners and developers pushed forward on a new luxury apartment development, Twelve Cowboys Way. The… Read more
Transwestern Divests 3.5M-SF MW Industrial Portfolio for $179M
Toronto-based Dream Industrial REIT acquired a 3.5-million-square-foot industrial portfolio in five cities across the Midwest from Transwestern Investment Group (TIG)… Read more
Hillwood, Continental Will JV on Columbus-Area Distribution Center
Hillwood, a Perot company, has formed a joint venture with Continental Real Estate Companies on an 840,000-square-foot speculative distribution center… Read more
Washington Prime Adds JV at Polaris Fashion Place to Sears Redevelopments
Washington Prime Group said it plans to redevelop the Sears at its Polaris Fashion Place mall in the REIT’s hometown… Read more
Pizzuti, Centerpoint Launch 848K-SF Spec Build Near Columbus
The Pizzuti Companies and Centerpoint Development plan a new 848,160-square-foot speculative industrial building in West Jefferson, OH, 20 miles west… Read more
Related Midwest, Pizutti Team on West Loop Apartments
Related Midwest will team with Columbus, OH-based Pizutti to develop a high-rise residential tower in the West Loop, a Related… Read more
Video Platform Subleases Chipotle Offices in Flatiron District
Savills Studley has completed a sublease transaction for VidMob and Chipotle Mexican Grill at 126 Fifth Ave. in the Flatiron District. The… Read more
Detroit Industrial Leads Midwest for Rent Growth, Vacancy Declines
Detroit ended 2018 with the highest year-over-year rent growth and lowest vacancy of any Midwest market, according to CBRE’s Industrial… Read more
Red Capital Expands Small Balance Lending Platform in Orange County
Columbus, OH-based Red Mortgage Capital, LLC continues to grow its Small Balance Loan (SBL) Platform with the addition of Matthew McCreary… Read more
Austin Soccer Deal Finalized — At Last
The city of Austin and Precourt Sports Ventures finalized a lease and development deal for McKalla Place, a 24-acre, city-owned… Read more
Westmount Claims 1.4M-SF Midwest Portfolio
Dallas-based Westmount Realty Capital, LLC acquired a 1.43 million square-foot industrial portfolio in Chicago, Cincinnati and Columbus, OH. Comprised of 12 buildings… Read more
Workforce Housing Well Positioned to Outperform Market, CBRE Analysis Finds
Strong market fundamentals are attracting a wide variety of investors to workforce housing, creating good returns and helping to preserve… Read more