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| One & Two Easton Oval, a two-building, Class A office property totaling 252,461 square feet in Easton, OH |
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| Jim Postweiler |
JLL represented the seller, Garrison Investment Group, and procured the buyer, Minneapolis-based Founders Properties.
In addition, JLL worked on the new owner’s behalf to secure a seven-year, floating-rate acquisition loan through TCF Bank.
One and Two Easton Oval is located approximately 10 miles northeast of Columbus’ central business district in Easton, the area’s most preferred submarket.
In addition, JLL worked on the new owner’s behalf to secure a seven-year, floating-rate acquisition loan through TCF Bank.
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| Peter Harwood |
Positioned near the Interstate 270 and Easton Way interchanges, the property provides ideal commuter access to the greater metropolitan area, including Port Columbus International Airport just 2.5 miles south and nearby expressways such as Interstates 70, 670 and 71.
Additionally, One and Two Easton Oval is proximate to Easton Town Center, the city’s premier shopping, dining, entertainment and lodging destination providing more than 1.7 million square feet of amenities.
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| Derek Fohl |
JLL Capital Markets Managing Directors Jim Postweiler and Peter Harwood, Senior Vice President Derek Fohl and Senior Director Patrick Shields led the sales and marketing efforts for the seller.
JLL Capital Markets Managing Director Steve Buss and Executive Vice President Marc Nanne represented the buyer in the transaction.
JLL Agency Leasing Senior Vice Presidents Collin Wheeler and Aaron Duncan supported the sales effort with their local market expertise and history leasing the property.
JLL Capital Markets Managing Director Steve Buss and Executive Vice President Marc Nanne represented the buyer in the transaction.
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| Patrick Shields |
JLL’s Capital Markets debt placement team representing the new owner was led by Managing Director Keith Largay and Vice President Patrik Modig.
About Garrison Investment Group
Garrison Investment Group is a leading middle market credit, distress and asset-based investor. Garrison’s investment vehicles include hedge funds, private equity format funds and managed accounts.
About Founders Properties
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| Steve Buss |
Headquartered in Minneapolis, Founders Properties is a privately held company formed by two highly regarded industry veterans, Best Buy founder Richard M. Schulze and Opus founder Gerald Rauenhorst.
The company provides a full range of acquisition, financing, asset management and investment services for high-net-worth investors, continuing the legacy of sponsoring private real estate investments first started in 1997.
The company’s current portfolio of approximately 100 institutional grade properties includes office, industrial, retail and mixed-use projects located throughout the United States.
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| Marc Nanne |
About JLL
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management.
Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions.
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| Collin Wheeler |
JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of nearly 92,000 as of June 30, 2019.
JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated.
JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated.
For more news, videos and research resources on JLL, please visit the firm’s U.S. media center Web page: U.S. newsroom.
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| Aaron Duncan |
Kristen Murphy, JLL Director, Public Relations
Email: Kristen.Murphy@am.jll.com
Phone: +1 617 848 1572
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