Press Release brought to you by NAI Ohio Equities

NAI Ohio Equities Sells PNL Office Portfolio for $21.1 Million

10/04/2018

NAI Ohio Equities Sells PNL Office Portfolio for $21.1 Million

COLUMBUS, OH – October 4, 2018 – NAI Ohio Equities Office Brokerage Group recently sold the PNL Ohio, LLC office portfolio consisting of 825 Tech Center Drive in Gahanna and 8101 N. High Street in Columbus for $21,100,000. The two properties totaled 209,440 square feet of multi-tenant class A office space.

While acting as the leasing agents, the Office Brokerage Group took the properties from 10% occupancy to 90% in just 14 months, creating a valuable asset in the Columbus office market. FJF Acquisitions of Minnetonka, Minnesota purchased the portfolio on September 28th.

“Our team has been involved with these assets for a number of years, so it was great to be a part of the entire process from start to finish. This is just another example of the overall strength of our office market from a leasing and investment perspective,” explained Matt Gregory, Senior Vice President at NAI Ohio Equities who represented the seller of the property.

NAI Ohio Equities’ brokers Matt Gregory, SIOR, CCIM, Andy Dutcher, SIOR and Philip Bird represented the Seller, while JLL represented the Buyer.   

Source

NAI Ohio Equities

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