GRANDBRIDGE ORIGINATES $17M LOAN FOR HISTORIC PROPERTY IN COLUMBUS

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COLUMBUS, OHIO — Grandbridge Real Estate Capital has originated a $17 million first mortgage loan for the Smith Bros’ Hardware Building in Columbus. The 190,949-square-foot historic building includes offices and event spaces. The historic building and its iconic rooftop water tower have been a distinct feature on the Columbus skyline since it was constructed in 1929 as home for the Smith Bros’ Hardware Co. Craig Kegg of Grandbridge Real Estate Capital originated the refinance loan with a fixed interest rate through Goldman Sachs & Co. Mary Zofko of Grandbridge’s Columbus office assisted in the transaction.

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