EXECUTIVE SUMMARY

Cushman & Wakefield’s National Industrial Advisory Group has been retained by ownership as its exclusive advisor in the sale of the Columbus Infill Portfolio (the “Portfolio”), a three-building portfolio consisting of 591,206 square feet of highly functional space 100% leased to committed tenancy. 
 
Situated in Columbus’ premier industrial submarkets – Northwest and Southwest – the Portfolio’s infill locations benefit from desirable interstate access, proximity to an expansive labor pool, and access to surrounding amenities. 

The Portfolio is 100% leased to 14 tenants, the majority of which have displayed their commitment to the Portfolio through numerous renewals and expansions, resulting in a weighted average tenure of just over 10 years. With 2.1 years of weighted lease term remaining and a weighted 38% mark-to-market opportunity, investors have the ability to capture higher yields in the near-term with a dedicated tenant base.
 
The offering represents the opportunity to acquire a Portfolio of highly functional assets at a discount to replacement cost within infill submarkets with little to no product being developed. Investors have the potential to secure a Portfolio with strong in-place cash flow, coupled with the ability to add value through mark-to-market of near-term expirations.

INVESTMENT HIGHLIGHTS

•    Strategic Infill Location with Immediate Interstate Access
•    Short WALT with Mark-to-Market Opportunity
•    Committed Tenancy with High Historical Occupancy
•    Significant Discount to Replacement Cost
•    Columbus' Premier Submarkets
•    "E-Commerce Heartland": One Market

OFFERING AT A GLANCE

CONTACTS

CENTRAL

Jim Carpenter

Mike Tenteris

Adam Tyler

Megan Barker

MOUNTAIN WEST

Will Strong

Michael Matchett

Molly Hunt

Dean Wiley

WEST

Jeff Chiate

Rick Ellison

Bryce Aberg

Matthew Leupold

Ashley Tassano

FLORIDA

Mike Davis

Rick Brugge

Rick Colon

Dominic Montazemi