LEASEDIndustrial
MMR Group, Inc. Leases 214,000 Square Feet Industrial Property In Columbus From Founders Properties
2300 Mcgaw Road
Building Size
214,000 SF
Asset Type
Industrial
Closing
Mar 10, 2026
AI
The industrial property located at 2300 McGaw Road in Columbus, OH encompasses 214,000 square feet. This asset is leased by MMR Group, Inc. from Founders Properties.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 2300 McGaw Road
- Market: Columbus, OH
- Landlord: Founders Properties
- Tenant: MMR Group, Inc.
- Brokers: Weston Devore, Jennifer Jordan, Shane Ellis, Jeff Lyons & Philip Pelok - CBRE
The transaction was facilitated by CBRE, with Weston Devore and Jennifer Jordan representing MMR Group, Inc. while Philip Pelok, Shane Ellis, and Jeff Lyons represented Founders Properties.
Players
FP
Founders PropertiesLandlord
MMR Group, IncTenant
Columbus Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93