Avi Abroms |
NEW YORK, NY – Alpha Partners, a commercial real estate
company that develops, invests and operates multifamily and select retail
opportunities, announced it is redeveloping a 4.9-acre lot on Stringtown Road,
the first major entry point into the south side of Columbus, OH.
Part of the main retail corridor for Grove City, OH, 1849
Stringtown Road is a high-visibility location with easy access to I-71. The
site is ready for a small strip center and will potentially include a
drive-through QSR and/or restaurant. Additionally, the Days Inn located in the
rear of the parcel will be rehabilitated from the inside out.
“Perhaps not the kind of property typically viewed as hip or
cutting-edge, we see this area on Stringtown Road as a ‘Welcome Mat’ into
Columbus with a ton of potential – it’s a great creative real estate deal
story,” said Avi Abroms, Managing Partner, Alpha Partners.
Downtown Columbus, OH Skyline |
The immediate area surrounding Stringtown Road is expecting
continued population growth over the next five years as job creation continues
to expand.
Alpha Partners has completed other similar upgrade deals
throughout the Midwest and is also currently responsible for
renovating and leasing the 128-year old, historic Zettler Hardware
Building at 101 E. Main St. in downtown Columbus’ Red Brick District.
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