The Transwestern Midwest Capital Markets Team as
the exclusive agent of the Seller is pleased to present
this investment sale opportunity for Corporate Exchange
I and II, 2550 and 2600 Corporate Exchange, Columbus, OH (the “Property”). Corporate Exchange I and II are comprised of two three-story multi-tenant office buildings totaling 195,404 square feet that are currently 89% leased. Parking for the complex is a combination of surface and underground executive parking at a ratio
of 4/1000. Since the current ownership took over,
the buildings have benefited from significant capital expenditures on common-area upgrades, resulting
in above-market occupancy. The properties also include Class A amenities such as a fitness center, on-site food service, covered parking, a conference/training facility with 50-person seating, and a tenant lounge. Tenants have access to a walking trail along with many nearby restaurants and easy access to I-270 and I-71.
Corporate Exchange Business Park is comprised of seven office buildings, plus a 224-room Embassy Suites by Hilton. Largely known for its City of Columbus address, strong highway visibility and proximity to Columbus International Airport, the park attracts a wide tenant base. The subject properties have been able to out-perform
the other assets in the park by offering stable ownership and a commitment to improving the quality of the asset.
The next owner will benefit from the seller’s investments in the properties and will have capital exposure limited
to leasing in the near term.
Positive Leasing Momentum Brings Occupancy
to Full Stabilization
2550 and 2600 Corporate Exchange have consistently outperformed the broader market and are well-positioned
to maintain their occupancy lead within the competitive set. Approximately 30% of the portfolio's leased space has been occupied by tenants for more than six years, reflecting a stable, established tenancy, while the remaining occupancy has been driven by newer tenants attracted to the property's premier location, stable ownership, and significant capital improvements and amenity offerings. The portfolio maintains a 5+ year WALT,
with lease expirations intentionally staggered over the next five years to minimize rollover exposure. This disciplined leasing strategy reduces cash flow volatility and provides long-term income stability highly valued by both investors and lenders.
The underwriting assumes American Structure Point and Ohio Housing Finance will expand their premises by approximately
57% and 19%, respectively.
Unbeatable Location For Attracting and Retaining Tenants
Corporate Exchange Business Park is one of Columbus'
premier suburban office campuses, offering exceptional
regional accessibility with immediate access to I-270 and I-71, approximately 15 minutes from both Downtown Columbus and
John Glenn International Airport. The park combines Class A
office buildings with abundant parking, — including free covered parking — on-site fitness facilities, cafés, walking trails, shared conference amenities, and nearby retail, dining, and hotels, creating an attractive environment for today's workforce. Its established tenant base, strong labor market access, and lower occupancy costs relative to downtown have made it a preferred location for regional headquarters and professional service firms seeking a high-quality suburban office environment.
Tenant Credit and Diversity Reflection of the Columbus
Office Market
The Columbus office market is supported by one of the most diverse and resilient economies in the Midwest, anchored by
a broad mix of government, healthcare, education, finance, insurance, technology, logistics, and professional services employers. Major organizations such as Nationwide, JPMorgan Chase, OhioHealth, The Ohio State University, Huntington Bank, and State Auto, along with a growing base of technology and advanced manufacturing companies including Intel, provide a
deep and stable employment foundation that reduces reliance
on any single industry. This economic diversity has supported consistent office demand through multiple market cycles,
making Columbus one of the region's strongest office markets
for long-term occupancy and investment performance.
Absorption Rises and Vacancy Declines Showing
Market Resilience
Corporate Exchange is well-positioned to capitalize on the continued flight to quality and improving tenant demand across
the Columbus suburban office market. In Q2 2026, the Columbus office market recorded more than 1.0 million square feet of leasing activity—approximately 350,000 square feet above Q1—with demand concentrated in well-located, amenity-rich submarkets. While overall net absorption was essentially flat in Q2 due largely
to a major multi-tenant renovation project in Grandview, tenant demand for quality suburban office space remains evident, with Class A assets continuing to attract tenancy. Against this backdrop, 2550 and 2600 Corporate Exchange remain well-positioned, offering Class A office space, immediate I-270/I-71 access
and a deep amenity base, positioning the property to continue outperforming commodity suburban office product as tenants increasingly prioritize quality, location and amenities.