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PRESS RELEASE: Stan Johnson Company Completes Sale of 2 Million SF Industrial Portfolio for $24,100,000

COLUMBUS, OHIO - Stan Johnson Company recently closed a $24,100,000 sale of a two million-square-foot industrial portfolio located on 80 acres in Columbus, Ohio. The portfolio included 1.1 million square feet at Southfield Park and 800,000 square feet at Fisher Industrial Park in Columbus.

Jackie Baker and Lindsey Scully, of Stan Johnson Company’s Los Angeles office, represented the buyer, a California-based private investor, and the seller, MS South LLC, in the transaction. The portfolio features 10 buildings with multiple tenants.

“We had multiple offers on these assets, and closed with an all-cash, out-of-state buyer who owns other assets in the Columbus market. The buyer could close very quickly because of his deep knowledge of the market,” said Baker.

The properties are strategically located in two of the best-performing industrial submarkets in Columbus, less than 10 miles from downtown Columbus.

About Stan Johnson Company:

Stan Johnson Company is one of the nation’s leading commercial real estate brokerage and advisory firms. Building on its 25-year foundation, completing more than $14 billion in transactions nationwide, Stan Johnson Company is aligned for continued growth.  A team approach, refined marketing processes and a foundation built on integrity, professionalism and relationships create a combination enabling the firm to consistently deliver quality service and superior results to each client.