Columbus Portfolio
3 Property Portfolio
Stats
Location
3555 Gantz Rd, Grove City, OH
5200 Upper Metro Pl, Dublin, OH
5747 Perimeter Dr, Dublin, OH
5200 Upper Metro Pl, Dublin, OH
5747 Perimeter Dr, Dublin, OH
Portfolio Size
385,000 Sq. Ft.
Acquired
2024
Type
Industrial and Office
Overview
The Columbus Portfolio is compromised of three buildings that are spread throughout the Columbus MSA, one 225,000 sq. ft. multi-tenant distribution building and two multi-tenant office buildings totaling 160,000 sq. ft. The portfolio houses a variety of national tenants in Columbus' most desirable submarkets.
Business Plan
After American National Insurance Co (ANICO) was bought by Brookfield, DCP was presented the off-market opportunity to purchase these assets prior to Brookfield liquidating the entire ANCIO portfolio of 90+ buildings. Brookfield's desire for a quick and sure close created an opportunity to acquire these buildings at an attractive in place yield and a below market cost per square foot.
Next Project
Stephenson Technology Park
Flex / Light Industrial