Industrial Realty Group, Provider Real Estate Partners, and DW Real Estate Partners have jointly acquired a property in Columbus, Ohio. The team has purchased Hilliard Commerce Center, a 177,680 square-foot industrial property situated on 18.6 acres.
Located less than one mile from I-270 and just 20 minutes from downtown Columbus, the property offers access to the entire metro region and sits in a prime infill industrial corridor in the Hilliard submarket. CBRE’s Nick Tomasone is overseeing leasing efforts.
“This property has long held strategic potential, and we’re excited to bring it to life,” said Chris Salata, Partner at PREP. “We plan to improve the property with exterior upgrades, repairs to the existing structure, and demolition of inefficient space.”
“With vacancy this low and no new supply in the pipeline, the opportunity to improve this site and offer desirable space in a tight market will support community and economic growth,” said Peter Goffstein, Executive Vice President at IRG.
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