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Nuveen Real Estate Ltd Acquires Development Site In Columbus For $7 Million From Robert Weiler Co

Property Image
SOLD
$7,000,000

Ohio

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Development Site
Sold 11/25/2025
the dealdetailscomps
Property Image
SOLD

Nuveen Real Estate Ltd Acquires Development Site In Columbus For $7 Million From Robert Weiler Co

525 Sawyer Boulevard

See Similar Deals
Development Site
Sold 11/25/2025
the dealdetailscomps

Summary

OHIO
Asset Type:Development Site
Transaction Type:Sale

The property asset involved in this transaction is a development site located at 525 Sawyer Boulevard in Columbus, OH. Nuveen Real Estate Ltd purchased this site from Robert Weiler Co. for $7,000,000. This site, formerly known as Latitude Five25 apartments, is now set for a significant transformation as part of Nuveen's redevelopment plans.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $7,000,000
  • Buyer: Nuveen Real Estate Ltd
  • Seller: Skip Weiler - Robert Weiler Co.
  • Market: Columbus, OH
  • Future Development: 390 new energy-efficient apartments
  • Total Planned Investment: $147 million

The acquisition process was facilitated by Robert Weiler Co., which managed the receivership sale of the property. This transaction is part of a broader initiative by Nuveen Real Estate Ltd to enhance the Columbus market with energy-efficient residential options.

Players

NE
Nuveen Real Estate
BUYER

Details

SOLD
IMAGE: 11/25/2025 ADDRESS: 525 Sawyer Boulevard MARKET: Columbus, OH ASSET TYPE: Development Site BUYER: Nuveen Real Estate Ltd SELLER: Skip Weiler - Robert Weiler Co. SALE PRICE: $7,000,000 NOTE: Nuveen Real Estate Ltd. purchased the former Latitude Five25 apartments in east Columbus for $7 million from Robert Weiler Co., which handled the receivership sale. The acquisition paves the way for Nuveen’s $147 million redevelopment of the site into 390 new energy-efficient apartments.

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