Columbus
PGIM Secures $33 Million Loan for Columbus Retail Center
The financing will support capital improvements to Graceland Retail Center, a 456,021-square-foot property located nine miles from Columbus’ central business district.
Olshan Properties Unveils $27M Hilton Columbus Revamp
The company invested in the interior redesign and amenity enhancement of the 345-key Hilton Columbus at Easton. The hotel also added 9,000 square feet of meeting and event space.
Creative Co-Working Space to Open in Columbus Suburb
Brick House Blue in Dublin, Ohio, is set to open late this fall. The 9,000-square-foot meeting space is part of Bridge Park and will unify distinct business owners in a collaborative work environment.
Steady Growth Cultivates Building Boom in Columbus
Rents are escalating due to steady employment gains and net in-migration, driven by activity associated with Ohio State. Average rent reached $876, well below the national figure of $1,316.
Spavia Will Open Third Ohio Location
The spa services provider inked a 3,176-square-foot lease on the east side of the Bridge Park community, a recent development located in Dublin, Ohio.
Sealy Acquires 650 KSF Ohio Distribution Facility
The owner, Exel Inc., sold the property to Sealy in a $40 million deal, marking the second time in three months the property changed hands.
Emerson to Invest $100M in Ohio Facilities
Construction and renovation plans include updating and expanding office and lab space at the company’s Sidney, Ohio, location. Investments will be made over the next four years.
New 7MW Solar Farm to Serve Dillon County
The solar development is anticipated to provide power to 1,500 homes and is slated to begin commercial operation by the fourth quarter of 2017.
Crawford Hoying Unveils Urban Columbus Project
800 North High, the company’s first development in the Short North neighborhood, will include a 118-key Moxy Hotel, two restaurants and 45,000 square feet of Class A office space.
Covington Lands 800 KSF Industrial Portfolio
The Dallas-based company purchased a 500,625-square-foot warehouse and distribution facility in Columbus, Ohio, and a 300,000-square-foot facility in Baltimore. The buyer plans to make improvements to the buildings.