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  • Writer's pictureColliers | Columbus

THE WEEKLY REVIEW | March 31, 2023


Keeping up with CRE trends is as easy as 1-2-3 with our weekly piece! The Weekly Review is a new blog series that will be released every Friday. The market is constantly growing and adapting to new ventures and ideas, and our goal is to provide up-to-date information into what is happening in both the Columbus and U.S. markets, as well as the commercial real estate industry as a whole. As stories evolve, the Weekly Review will continue to follow along and update our clients and community.


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“A massive industrial building at Rickenbacker Global Logistics Park has been acquired for nearly $52 million. Transwestern Investment Group, a Houston-based real estate investment firm, bought the 582,400-square-foot facility at 1417 Rail Southern Court. Transwestern said in a news release that it purchased the property on behalf of a ‘separately managed account,’ but did not elaborate who owns the account. The investment services team at Colliers Midwest brokered the deal. The property is fully leased to DHL, a multinational logistics company. DHL signed a lease for the building in the third quarter of 2021, according to previous reporting by Columbus Business First”.


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With Intel coming and Honda expanding, with more than 700,000 additional residents over the next quarter-century, Greater Columbus' transportation system will see strains and demands like never before. Is the region ready? ‘We’ve got to be more coordinated, more collaborative, more ambitious than at any point in Columbus history,’ said Kenny McDonald, president and CEO of the Columbus Partnership, the regional civic and business organization made up of more than 80 area CEOs”.


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