CBRE Brokers Columbus Office Sale

The seller purchased the 29,672-square-foot downtown building in 1986 and will relocate their office in Grandview Yard starting Spring 2020.
366 E. Broad St. Image courtesy of CBRE

First Vice President David Hartsook from CBRE’s office in Columbus, Ohio, has negotiated the sale of the historic 29,672-square-foot Carlile Patchen & Murphy LLP building in downtown Columbus. The buyer worked with Senior Vice President Todd Schiff from Robert Weiler Co. The new owner intends to renovate the asset and, according to Franklin County records, received a $4.3 million loan from Finance Fund Capital Corp.   

Located at 366 E. Broad St., the three-story property was completed in 1926 and designed by the architectural firm Richards, McCarty and Bulford in a neo-classical style. Initially owned by the Ohio State Life Insurance Co., it was sold to a local leasing company which rented the asset to a number of tenants during a more than twenty-year period. The seller, an affiliate of Carlile Patchen & Murphy LLP, acquired the asset in 1986 and invested in renovations, while maintaining the original architectural features.

Carlile Patchen & Murphy LLP worked with CBRE Senior Vice President William Whipple in order to relocate their office. The law firm will be the anchor tenant at the property located at 950 Goodale Blvd. in the Grandview Yard starting May 2020.

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