Iconic Equities Acquires Industrial Property In Columbus, Ohio For $12.7M

A 316,266 square foot industrial property located at 3275 Alum Creek Drive in Columbus, Ohio has been sold for $12,700,000. The buyer, Tim Bishop, represented by Iconic Equities, a Miami-based company, acquired the property from the seller, Todd Davis of TTDB. The sale price equates to a price per square foot of $40.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $12,700,000
• Address: 3275 Alum Creek Drive, Columbus, Ohio
• Market: Columbus, Ohio
• Buyer: Tim Bishop - Iconic Equities
• Seller: Todd Davis - TTDB
• Broker: Derek Lichtfuss - Newmark

This acquisition marks Iconic Equities' second purchase in Columbus within the last six months. The deal was facilitated by Derek Lichtfuss of Newmark.