Colliers has closed the sale of Northwest Corporate Plaza, a 221,736-square foot light industrial portfolio at 4081-4119 Leap Road in Hilliard, Ohio, in Columbus’ West submarket.
The Colliers Midwest Investment Services Team led by Alex Cantu and Alex Davenport facilitated the transaction alongside Shane Woloshan of Colliers’ Columbus office, on behalf of Transwestern Investment Group.
The asset was purchased by Diamond Properties, a New York-based commercial real estate investment firm managing a diverse portfolio of more than 11 million square feet.
Situated on over 18 acres directly west of I-270 and just minutes from I-70, Northwest Corporate Plaza is home to seven tenants including Micro Center, Yokowo Manufacturing of America, E-Cycle, and Mectron North America.
The property’s infill location provides tenants immediate convenience to amenities and labor throughout the Columbus MSA in addition to phenomenal regional and national accessibility. The two-building portfolio features 16’ to 23’ clear heights, abundant dock and drive in doors, diverse suite sizes, and significant parking.