Magendie Holdings LLC Acquires Retail Center In Columbus For $7.3 Million From Continental Hills LLC
Magendie Holdings LLC Acquires Retail Center In Columbus For $7.3 Million From Continental Hills LLC
7800 Olentangy River Road
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The retail property involved in the transaction is located at 7800-7860 Olentangy River Road, Columbus, OH. It spans 3.7 acres and comprises 41,000 square feet. The asset was sold for $7,300,000, equating to a price per square foot of $178. The shopping center is anchored by Hills Market and Rusty Bucket Restaurant & Tavern, and the sale included an adjacent one-acre commercial parcel.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $7,300,000
- Address: 7800-7860 Olentangy River Road
- Market: Columbus, OH
- Acres: 3.7
- Square Footage: 41,000
- Price per Square Foot: $178
- Buyer: Magendie Holdings LLC
- Seller: Continental Hills LLC
Magendie Holdings LLC acquired the property from Continental Hills LLC, who had owned it since 2019. This transaction highlights the involvement of both parties in the retail market, with the buyer expanding their portfolio through this acquisition.
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