X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

COLUMBUS, OH-CB Richard Ellis has negotiated the sale of 225,430 sf ofindustrial space here that is currently being used as a distributioncenter for an automotive glass manufacturer.

John Glassmoyer of CB Richard Ellis’ Phoenix office and Sterling Champ of CBRichard Ellis’ Los Angeles office, along with Don Roberts of CB RichardEllis’ Columbus office, represented the seller, AMP Property LP of SanFrancisco, in the $7.05 million transaction.The buyer, Palin Enterprises of New York City, was assisted by JeromeHackman of Jerome J. Hackman and Co.

The building, located at 320 Industrial Ave., is occupied byinternational glass maker Pilkington. The company, which has six yearsremaining on its lease term, uses the Columbus facility to distributereplacement automotive glass products. Palin was attracted to the propertybecause it was a good distribution center to add to its national portfolio,said CB officials.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.