{"id":1004051012,"date":"2012-11-25T14:33:11","date_gmt":"2012-11-25T22:33:11","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=80562"},"modified":"2020-04-07T05:22:02","modified_gmt":"2020-04-07T13:22:02","slug":"dsw-inc-buys-its-hq-in-columbus-for-72m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/dsw-inc-buys-its-hq-in-columbus-for-72m\/","title":{"rendered":"DSW Inc. Buys its HQ in Columbus for $72M"},"content":{"rendered":"<p>By Adrian Maties, Associate Editor<\/p>\n<p>In a $72 million deal, the footwear and accessories retailer DSW Inc. has acquired <a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/11\/home-office_large.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-80563\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/11\/home-office_large.jpg\" alt=\"\" width=\"300\" height=\"225\" \/><\/a>its corporate headquarters in Columbus. As a result of the transaction, DSW now owns the two-thirds portion of the campus that it had previously leased: its corporate headquarters building, a 700,000-square-foot distribution center and a trailer lot.<\/p>\n<p>The retailer executed the deal by acquiring the property&#8217;s previous owner, 810 AC L.L.C., an Ohio-based private company. Third parties will continue to lease portions of the property from DSW.<\/p>\n<p style=\"text-align: justify\">&#8220;Today&#8217;s acquisition reflects our continued commitment to growing DSW in the future by opening stores, expanding our DSW.com business and by adding new accounts to our Affiliated Business Group (formerly the Leased Business Division),&#8221; remarked Mike MacDonald, DSW\u2019s president &amp; CEO. &#8220;Purchasing the property secures our investment and ensures our ability to expand into additional office space to support DSW&#8217;s continued growth,&#8221; he added.<\/p>\n<p>DSW\u2019s recent capital investments in the property include the installation of a $15 million automatic sortation system at the distribution center, which will support its size replenishment program. Under the terms of the deal, the previous owners will contribute $3 million toward replacing the roof of a building on the campus. Schottenstein Property Group will provide property management services.<\/p>\n<p>DSW expects to benefit from reduced overhead and from revenue provided by leasing space to third-party tenants. At most recent report, the company operated 363 stores in 41 states, Washington, D.C., and Puerto Rico, and plans new store openings around the country.<\/p>\n<p>Photo credit: <a href=\"https:\/\/www.dswinc.com\/\" target=\"_blank\" rel=\"nofollow\">DSW Inc.<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a $72 million deal, the footwear and accessories retailer DSW Inc. has acquired its corporate headquarters in Columbus.<\/p>\n","protected":false},"author":1269,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1585,21742],"tags":[],"class_list":["post-1004051012","post","type-post","status-publish","format-standard","hentry","category-columbus","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>DSW Inc. Buys its HQ in Columbus for $72M - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/dsw-inc-buys-its-hq-in-columbus-for-72m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DSW Inc. Buys its HQ in Columbus for $72M\" \/>\n<meta property=\"og:description\" content=\"In a $72 million deal, the footwear and accessories retailer DSW Inc. has acquired its corporate headquarters in Columbus.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/dsw-inc-buys-its-hq-in-columbus-for-72m\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2012-11-25T22:33:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-07T13:22:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/11\/home-office_large.jpg\" \/>\n<meta name=\"author\" content=\"the Editors of Commercial Property Executive\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/dsw-inc-buys-its-hq-in-columbus-for-72m\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/dsw-inc-buys-its-hq-in-columbus-for-72m\/\",\"name\":\"DSW Inc. Buys its HQ in Columbus for $72M - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/dsw-inc-buys-its-hq-in-columbus-for-72m\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/dsw-inc-buys-its-hq-in-columbus-for-72m\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/11\/home-office_large.jpg\",\"datePublished\":\"2012-11-25T22:33:11+00:00\",\"dateModified\":\"2020-04-07T13:22:02+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1b82b91678533ae5d40e3240086a42bb\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/dsw-inc-buys-its-hq-in-columbus-for-72m\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/dsw-inc-buys-its-hq-in-columbus-for-72m\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/dsw-inc-buys-its-hq-in-columbus-for-72m\/#primaryimage\",\"url\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/11\/home-office_large.jpg\",\"contentUrl\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/11\/home-office_large.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/dsw-inc-buys-its-hq-in-columbus-for-72m\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"DSW Inc. Buys its HQ in Columbus for $72M\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1b82b91678533ae5d40e3240086a42bb\",\"name\":\"the Editors of Commercial Property Executive\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/fc4d938ac2881d5bcae0ddd8397983de4563e191bf8314571185ff32f8f83ea6?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/fc4d938ac2881d5bcae0ddd8397983de4563e191bf8314571185ff32f8f83ea6?s=96&d=mm&r=g\",\"caption\":\"the Editors of Commercial Property Executive\"},\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/theeditorsofcommercialpropertyexecutive\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"DSW Inc. Buys its HQ in Columbus for $72M - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/dsw-inc-buys-its-hq-in-columbus-for-72m\/","og_locale":"en_US","og_type":"article","og_title":"DSW Inc. Buys its HQ in Columbus for $72M","og_description":"In a $72 million deal, the footwear and accessories retailer DSW Inc. has acquired its corporate headquarters in Columbus.","og_url":"https:\/\/www.commercialsearch.com\/news\/dsw-inc-buys-its-hq-in-columbus-for-72m\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2012-11-25T22:33:11+00:00","article_modified_time":"2020-04-07T13:22:02+00:00","og_image":[{"url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/11\/home-office_large.jpg","type":"","width":"","height":""}],"author":"the Editors of Commercial Property Executive","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/dsw-inc-buys-its-hq-in-columbus-for-72m\/","url":"https:\/\/www.commercialsearch.com\/news\/dsw-inc-buys-its-hq-in-columbus-for-72m\/","name":"DSW Inc. Buys its HQ in Columbus for $72M - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/dsw-inc-buys-its-hq-in-columbus-for-72m\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/dsw-inc-buys-its-hq-in-columbus-for-72m\/#primaryimage"},"thumbnailUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/11\/home-office_large.jpg","datePublished":"2012-11-25T22:33:11+00:00","dateModified":"2020-04-07T13:22:02+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1b82b91678533ae5d40e3240086a42bb"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/dsw-inc-buys-its-hq-in-columbus-for-72m\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/dsw-inc-buys-its-hq-in-columbus-for-72m\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/dsw-inc-buys-its-hq-in-columbus-for-72m\/#primaryimage","url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/11\/home-office_large.jpg","contentUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/11\/home-office_large.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/dsw-inc-buys-its-hq-in-columbus-for-72m\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"DSW Inc. Buys its HQ in Columbus for $72M"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1b82b91678533ae5d40e3240086a42bb","name":"the Editors of Commercial Property Executive","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/fc4d938ac2881d5bcae0ddd8397983de4563e191bf8314571185ff32f8f83ea6?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/fc4d938ac2881d5bcae0ddd8397983de4563e191bf8314571185ff32f8f83ea6?s=96&d=mm&r=g","caption":"the Editors of Commercial Property Executive"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/theeditorsofcommercialpropertyexecutive\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004051012","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/1269"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004051012"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004051012\/revisions"}],"predecessor-version":[{"id":1004411089,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004051012\/revisions\/1004411089"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004051012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004051012"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004051012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}