Douglas Capital Partners Acquires Columbus Properties From American National & Brookfield For $25M

The portfolio acquired by Glenn Pavey - Douglas Capital Partners comprised of three Columbus, Ohio-area properties located at 3555 Gantz Road, 5747 Perimeter Drive, and 5200 Upper Metro Place. The properties consist of SouthPark XX, a Class-A industrial property in Grove City, and two office buildings in Dublin - the Upper Metro Place and the Emerald Professional Building. The transaction amount for this acquisition was $25,000,000 for a total square footage of 385,000 and a price per square foot of $65.

Summary of transation details:

• Property Type: Industrial & Office
• Transaction Amount: $25,000,000
• Buyer: Glenn Pavey - Douglas Capital Partners
• Seller: American National Insurance Company; Brookfield
• Market: Grove City & Dublin, Ohio

Douglas Capital Partners showcased their commitment to identifying high-growth potential properties through this transaction. The properties strategically positioned in key Columbus neighborhoods reflect their strategic approach to real estate investments. The acquisition from the American National Insurance Company and Brookfield highlights the active role played by key individuals and companies in the development and growth of the Columbus, Ohio real estate market.