ALTERRA REAL ESTATE ADVISORS BROKERS $5.3 MILLION OFFICE SALE

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COLUMBUS, OHIO — Alterra Real Estate Advisors has brokered the sale of The Cliffs office building, which is located at 2323 West Fifth Ave. in Columbus. The 118,000-square-foot office facility was acquired by 2323 Realty Group LLC of Bloomfield Hills, Mich., for $5.3 million. Citizens Bank sold the building, which was 86 percent leased at the time of the sale. Ross Lanford of Alterra represented the seller; Alan Stern of ICI Property Consultants represented the buyer in the transaction.

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