Transwestern Investment Group and Washington, D.C.-based Acento Real Estate Partners closed sale of Northwest Corporate Plaza, a 221,736-square-foot light industrial portfolio at 4081-4119 Leap Road in Hilliard, Ohio.
The two-building asset is 88.3% leased to seven tenants representing a diverse mix of industries.
Located in the Columbus West submarket, where the industrial vacancy rate is below 1.5%, the buildings are directly west of I-270 and just minutes from I-70, making it one of the most desirable infill location hubs in Central Ohio. Constructed in 1974, 58% of the portfolio is office space, and the site has parking for 478 vehicles.
The Colliers team of Alex Cantu, Alex Davenport and Shane Woloshan brokered the deal.
