Representing the seller in the transaction were Steve Timmel, Will Roberts, Jeff Johnston, Chris Prosser and Doug Whitten of CBRE, the largest commercial real estate services firm in the world.
The latter’s move tripled its office footprint to 16,000 square feet and nearly doubled its production area to more than 50,000 square feet.
“We have seen national developers and national tenants pursue the marketplace and invest in the marketplace whereas 10 years ago, it really didn’t have that broad of an appeal to national investors compared to a Columbus or an Indianapolis or a Cincinnati,” Timmel said.