CBRE Facilitates Sale of Two Office Buildings in Columbus

CBRE Facilitates Sale of Two Office Buildings in Columbus
CBRE Facilitates Sale of Two Office Buildings in Columbus

**CBRE Facilitates $17.5M Sale of Two Class A Office Buildings in Columbus**

CBRE has successfully arranged the sale of One Easton Oval and Two Easton Oval, two Class A office buildings encompassing a combined 252,500 square feet, located in Columbus, Ohio. The properties were acquired by IMC Management, LLC, for $17.5 million.

The transaction was brokered by CBRE’s Steve Timmel, CCIM, Will Roberts, Collin Wheeler, and Aaron Duncan, who represented the seller. Additionally, Wheeler and Duncan will oversee leasing and marketing efforts for the portfolio moving forward.

Situated within the Easton Oval Office development—a premier master-planned business park adjacent to Easton Town Center and just west of Interstate 270—the two buildings were built in 1995 and 1998. At the time of sale, the portfolio was approximately 60% occupied.

“We continue to see significant interest in Class A office assets with value-add components across the state of Ohio,” said Steve Timmel. “It is this appeal that attracted the buyer pool and continues to attract tenants to the submarket.”

The sale highlights investor confidence in well-located, value-oriented office assets in Columbus.

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