November 15, 2017
Priam Capital, a Nashville-based real estate investment firm recently purchased 1400 and 1404 Goodale Blvd. for $12.7 million. The two buildings offer just over 80,000 square feet of creative office space with exposed ceilings, natural light and open layouts. The portfolio is located just outside of Downtown Columbus in one of Columbus’ most active office markets, Grandview Heights.
This is Priam Capital’s first move into the Columbus market, one they found attractive based on the investment fundamentals of the area. “The buildings caught our eye not only for the location but with the added value that Colliers had recently filled and stabilized the assets with new tenants like King Business Interiors, Navigator Management Partners, Greenberg Farrow Architects and Zaner Bloser,” said Abhishek Mathur with Priam. “The contemporary look of the spaces and the neighborhood were right in our wheelhouse. And having Colliers so recently bring the occupancy back to 100% made the portfolio exactly what we were looking for to make our Columbus debut.”
“1400 and 14104 Goodale offer what so many companies are seeking in their office space, which is a dynamic environment in an amenity rich location with free parking, “said Dan Dunsmoor, brokerage senior vice president and principal with Colliers International.
Dunsmoor and Ross Lanford of Colliers International represented the seller of the properties and have been retained by Priam Capital to continue handling the leasing and management.
For more information about Colliers International, visit www.colliers.com.