SOLD
Lightstone Group Acquires Two Industrial Buildings In Columbus For $21M
4300 & 4338 Janitrol Road
Industrial
500,000 SF
500,000 SF
Sold 308 days ago
Summary
Sale
OHIO
Industrial
500,000 sqft
The Lightstone Group has acquired a group of properties in Columbus as part of their growth strategy and expansion of their logistics platform. The acquisition includes two industrial buildings located at 4300 and 4338 Janitrol Road. The total area of the properties is 21.7 acres, with a total square footage of 500,000. The transaction was completed for a total sale price of $21,000,000, resulting in a price per square foot of $42. The seller of the properties was TCG Columbus I LLC.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $21,000,000
- Address: 4300 & 4338 Janitrol Road
- Market: Columbus
- Total Acres: 21.7
- Square Footage: 500,000
- Buyer: Lightstone Group
- Seller: TCG Columbus I LLC
The deal was facilitated by brokers from JLL, including Ross Bratcher, Sean Devaney, Nick Tomasone, and Dan Wendorf. Mitchell Hochberg, representing the Lightstone Group, played a key role as the buyer's representative.
Players
All
5
Agents
4
Agencies
1
Details
SOLD
IMAGE: Dan Wendorf, Nick Tomasone, Mitchell Hochberg, Sean Devaney & Ross Bratcher
DATE: 07/06/2023
ADDRESS: 4300 & 4338 Janitrol Road
MARKET: Columbus
ASSET TYPE: Industrial ~ ACRES: 21.7
BUYER: Lightstone Group (@LightstoneGroup) - Mitchell Hochberg
SELLER: TCG Columbus I LLC
BROKERS: Ross Bratcher (@RBratch4), Sean Devaney, Nick Tomasone & Dan Wendorf - JLL (@JLL)
SALE PRICE: $21,000,000
SF: 500,000 ~ PPSF: $42
NOTE: Lightstone Group has purchased a group of properties in Columbus, including two industrial buildings, for $21 million. The acquisition aligns with Lightstone's growth strategy and expansion of its logistics platform.View on map
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Address4300 & 4338 Janitrol Road
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