BusinessFirst of ColumbusBankof America has taken in foreclosure the Northeast Business Center, asix-building office complex in Columbus, Ohio, that is 36 percent vacant. Theproperty served as collateral for a $9.4 million mortgage that was made to itsowner, Rushmore Properties of ...
Business First of ColumbusA Franklin County, Ohio, common pleas court has appointed Marc Smith of the Kohler & Smith Co. law firm as receiver to manage the 113,309-square-foot Bicentennial Plaza office property in Columbus, Ohio. The ownership group, calling itself ...
Business First of ColumbusA venture of Lexington Realty Trust and Duke Realty has sold a suburban Columbus, Ohio, office building for $34.8 million. An affiliate of the Mack Co. of Fort Lee, N.J., bought the three-year-old building, at 5550 Britton ...
Columbus DispatchDemolition is slated to begin in July on the shuttered Columbus City Center retail mall, between High and 3rd streets in Columbus, Ohio. The Capital South Urban Redevelopment Corp., a nonprofit that owns the property, will redevelop it into ...
Columbus DispatchEdwards Cos. is close to completing the first phase of a proposed 300-unit residential condominium project in Columbus, Ohio. The project, Neighborhood Launch, takes up three city blocks at the intersection of 4th and Gay streets in the city's ...
Business First of ColumbusA 500-room hotel project is being planned for Columbus, Ohio. The $160 million project would go up in the city's downtown near the Greater Columbus Convention Center. Financing plans are still in the early stages. The hotel, ...
Columbus DispatchCampus Partners, a community development arm of Ohio State University, has paid $19 million for the Holiday Inn on the Lane in Columbus, Ohio. Harper Hotels Inc. sold the 243-room property, which is being closed at the end of ...
the property is being redeveloped into a student-housing property for Ohio State University.
Business First of ColumbusThe downtown Columbus, Ohio, office vacancy rate checked in at 13.1 percent at the end of last year, down from 13.4 percent from the same time in 2007, according to a recent study by Colliers International. That ...
Associated Estates Realty is offering for sale a 762-unit portfolio of Columbus, Ohio,-area apartment properties.The Richmond Heights, Ohio, REIT has tapped Marcus & Millichap to market the five-property portfolio with an asking price of $47.6 million, or $62,467/unit.The properties were ...
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