Columbus Mixed Use Retail, Office and Apartment Development Ground Breaking Monday

Posted January 4, 2014

In Apartments, Columbus, Commercial, development, net lease, nnn, Office, real estate, Residential, Retail

A 12 story mixed use Columbus, Capital South development scheduled for ground breaking Monday. Actually, given the weather forecast for Monday, ground breaking may have to be delayed for a few days.

Daimler Group and Kaufman joint venture had had acquired the land at 250 S High Street for $1.5 million from the Columbus Capital South Community Urban Redevelopment Corp. The $50 million project will be financed with a $42 million dollar construction loan from Fifth Third Bank.

Scheduled for 150,000 square feet of Columbus commercial retail real estate for lease on the ground floor with five floors of office above and then six more floors of 120 apartments with penthouses topping off the building

http://www.bizjournals.com/columbus/blog/2014/01/developers-pay-15m-for-250-s-high.html

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