Mar
23
Blackstone Sells Columbus Office Portfolio
ByThis deal marks the largest suburban office portfolio transaction in the metro in more than five years.
Dublin, Ohio—CBRE Group has announced that Blackstone sold a 1.1-million-square-foot office complex located in Dublin, Columbus’ largest and most desirable suburban office submarket. An affiliate of New York-based Group RMC Corp. paid $77 million for the portfolio, which consists of seven Class A/B office buildings.
Patrick Arangio and Jack Howard of CBRE’s Midtown Manhattan office negotiated the sale on behalf of Blackstone, while Donald Roberts and Philip Pelok of CBRE’s Columbus office provided local market expertise and transactional assistance…
