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CBRE Brokers $18.7 Million Sale Of Industrial Buildings In Columbus Representing Buyer And Seller

Property Image
SOLD
$18,700,000
Austin Wolitarsky
Matt Harris
+ 1

Ohio

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Industrial86,389 SF
Sold 10/29/2025
the dealplayerscompscontact
Property Image
SOLD

CBRE Brokers $18.7 Million Sale Of Industrial Buildings In Columbus Representing Buyer And Seller

1264 North Wilson Road

See Similar Deals
Industrial86,389 SF
Sold 10/29/2025
Austin Wolitarsky
Matt Harris
+ 1
Contact now

Summary

OHIO
Asset Type:Industrial
Price Per Square Foot:$216
Total Square Footage:86,389 SF
Transaction Type:Sale

The transaction involved the sale of two fully leased industrial buildings located at 1264 North Wilson Road in Columbus, OH. The sale price was $18,700,000, and the total square footage of the buildings was 86,389, translating to a price per square foot of $216.

Summary of transaction details:

The buyer, a California-based 1031 exchange investor, was represented in the transaction by CBRE’s team of Kevin Foley, Austin Wolitarsky, Matt Harris, and Matt Pourcho. The seller, Tenby Partners, participated in this significant deal facilitated by CBRE, showcasing the brokerage's involvement in both sides of the transaction.

Players

Matt Pourcho
48 deals$650.7M volume
BROKER

Matt Harris
CBRE
28 deals$349M volume
BROKER

Austin Wolitarsky
CBRE
21 deals$465.1M volume
BROKER

Kevin Foley
CBRE
19 deals$331.2M volume
BROKER

CBRE
BROKERAGE

Details

SOLD
IMAGE: 10/29/2025 ADDRESS: 1264 North Wilson Road MARKET: Columbus, OH ASSET TYPE: Industrial SELLER: Tenby Partners BROKERS: Kevin Foley, Austin Wolitarsky, Matt Harris & Matt Pourcho - CBRE SALE PRICE: $18,700,000 SF: 86,389 ~ PPSF: $216 NOTE: CBRE brokered the $18.7 million sale of two fully leased industrial buildings totaling 86,389 square feet in Columbus. The buyer, a California-based 1031 exchange investor, was represented by CBRE’s Kevin Foley, Austin Wolitarsky, Matt Harris, and Matt Pourcho; Tenby Partners was the seller.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$997,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$66,437.16
Cash-on-Cash Return-1.27%
Monthly Debt Service$88,647.54
Annual Debt Service$1,063,770.48