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Thursday, November 20, 2008 Office
Grubb & Ellis Realty Investors, LLC has purchased a three-story office building in the Columbus suburb of Dublin, Ohio, from Upper Metro, LLC. The seller was represented by George Stecz of CB Richard Ellis. The building is situated on nearly eight acres at 5200 Upper Metro Place. Built in 1999, it contains 96,000 square feet and is currently 90 percent leased to multiple tenants including Smith's Medical and CoreSource Inc. Grubb & Ellis has made numerous acquisitions in 2008 for its newly launched Wealth Management Program, including a Fifth Third Bank building in Montgomery, Ill., a CVS Pharmacy building in Decatur, Ga., and a two-building portfolio in Carpentersville and Northlake, Ill. Stecz is a first vice president with CB Richard Ellis and joined the firm in 1997 as an investment property specialist. He is a former development controller with Duke Realty and frequently speaks at The Ohio State University Fisher School of Business Masters Program. Address: 5200 Upper Metro Place, Dublin, Ohio Size: 96,000 square feet Built: 1999 Filed Under: Office E-mail this article to a friend | Printer friendly format| DIGG this| Post to del.icio.us Comments on this article
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