The pace quickened in September with our brokerage closing 18 transactions totaling more than 107,000 square feet, several of which were million-dollar plus deals.
Of those transactions, the team of Matt Gregory, Andy Dutcher, and Philip Bird closed 66% of the month’s transactions spanning retail, industrial and office product. The team also had the largest transaction of the month, with the sale of an industrial listing at 1370 Research Road. The location will house Purdy Company, a distributor of material handling and commercial storage equipment. The 13,281-square-foot building sits on 2.5 acres in Gahanna and will allow the company to expand its operations.
Overall, office transactions exceeded those of other product types, accounting for about 39% of the month’s transactions. The largest of which was a new lease signed at 3433 Agler Road by iCare Ohio, where the Office Brokerage Group represented the owner.
Nearby, Kim Benincasa represented the buyer in the purchase of 1.62 acres at 3662 Agler Road which will be developed into a Maaco Auto Body Shop.
Retail transactions equated to 28%, and industrial transactions 22%, of the month’s total activity.
To view all of our September transactions, view or download our list below.