Ohio

Affinius Capital Provides $76.3M Acquisition Loan for 1.3 MSF Warehouse Near Columbus

by Kristin Harlow October 29, 2025

MARYSVILLE, OHIO — Affinius Capital LLC has provided a $76.3 million loan to finance the acquisition of Scotts Midwest Distribution Center, a 1.3 million-square-foot warehouse and distribution facility in the Columbus suburb of Marysville. Ryan Kieser of CBRE arranged the loan on behalf of the borrower, Sculptor Real Estate. Developed in 2023 by Crawford Hoying as a build-to-suit for The Scotts Co., the property features cross-dock configuration, a clear height of 40 feet, 120 dock doors, four drive-in doors and 388 parking spaces. The facility is leased to The Scotts Co., a subsidiary of The Scotts Miracle-Gro. The property serves as the primary distribution hub for the tenant and is located less than two miles from its main manufacturing facility and global headquarters.

October 29, 2025

Acquisitions Industrial Midwest Ohio

CBRE Arranges $18.7M Sale of Two Industrial Properties in Columbus, Ohio

by Kristin Harlow October 29, 2025

COLUMBUS, OHIO — CBRE has arranged the sale of two industrial buildings totaling 86,389 square feet in Columbus for $18.7 million. The properties are fully leased to nine tenants and feature clear heights of 22 feet. CBRE’s Kevin Foley, Austin Wolitarsky, Matt Harris and Matt Pourcho represented the buyer, a high-net-worth 1031 exchange investor from California. Tenby Partners was the seller.

October 29, 2025

Acquisitions Company News Healthcare Illinois Midwest Ohio Top Stories

Welltower to Sell 18 MSF Outpatient Medical Portfolio to Remedy Medical, Kayne Anderson for $7.2B

by John Nelson October 28, 2025

TOLEDO, OHIO — Welltower Inc. (NYSE: WELL) has announced that the Toledo-based REIT is exiting the outpatient medical property management business following a portfolio sale to Remedy Medical Properties and Kayne Anderson Real Estate. The portfolio comprises approximately 18 million square feet of outpatient medical facilities across 296 properties in 34 states. Welltower says that the transaction will total $7.2 billion and will be completed in tranches through mid-2026, with the first tranche selling for $2 billion. This acquisition establishes the Remedy Medical and Kayne Anderson Real Estate partnership as the nation’s largest owner of outpatient medical buildings, with more than 52.4 million square feet across approximately 1,104 properties in 44 states. “This acquisition reinforces our position as leading institutional investors in the outpatient healthcare sector and underscores our long-standing, successful partnership with Remedy,” says Al Rabil, CEO of Boca Raton, Fla.-based Kayne Anderson. “We remain focused on building upon our history of delivering superior risk-adjusted returns for investors, while advancing the delivery of high-quality healthcare across the country.” Remedy Medical is assuming all operational responsibilities from Welltower, including property management and leasing functions. The portfolio was 94 percent occupied at the time of the acquisition announcement. Welltower will retain a …

October 28, 2025

Midwest Ohio

Huntington Construction Expands Operations to Ohio

by Kristin Harlow October 27, 2025

COLUMBUS, OHIO — Huntington Construction, a Michigan-based full-service commercial construction company, has expanded its operations to Ohio, including the Cleveland, Cincinnati, Columbus, Dayton and Toledo markets. Huntington has completed thousands of projects for government, commercial, retail, student housing, seniors housing and healthcare for more than 45 years. The firm offers tenant build-out services, historic preservation and adaptive reuse expertise, new construction opportunities and renovation capabilities. The company also maintains an office in Chicago.

October 27, 2025

Company News Midwest Mississippi Ohio Southeast Texas Top Stories

Huntington Bancshares Agrees to Acquire Cadence Bank for $7.4B

by Taylor Williams October 27, 2025

COLUMBUS, OHIO — Columbus, Ohio-based Huntington Bancshares Inc. (NASDAQ: HBAN) has entered into an agreement to acquire Cadence Bank (NYSE: CADE), which has headquarters in Houston and Tupelo, Miss., in an all-stock merger of regional banks that is valued at $7.4 billion. Under the terms of the agreement, Huntington will issue 2.475 shares of common stock for each outstanding share of Cadence common stock. Based on Huntington’s closing price of $16.07 per share on October 24, the last full day of trading before the deal was announced, the consideration implies a purchase price of $39.77 per share. Following the closing, which is expected to occur in the first quarter of 2026, Cadence Bank teams and branches will operate under the Huntington Bank name and brand. Cadence currently has about 390 locations across Texas and the surrounding Southern United States, and the new banking entity will have about $276 billion in assets under management. “This is an important next phase of growth for Huntington,” says Steve Steinour, chairman, president and CEO of Huntington Bancshares. “This partnership will extend the reach of our full franchise to 21 states and into new, high-growth markets for which we have a powerful playbook. Today’s announcement …

October 27, 2025

Acquisitions Midwest Minnesota Ohio

New Perspective Acquires Three Seniors Housing Properties in Minnesota, Ohio

by Kristin Harlow October 24, 2025

LAKE ELMO, MINN. AND LAKEWOOD, OHIO — New Perspective has acquired three senior living communities in metro Twin Cities and Cleveland areas. The properties include New Perspective Lake Elmo, The Fields by New Perspective — a neighboring independent living community — and Haven of Lakewood. New Perspective Lake Elmo offers assisted living and memory care. Haven of Lakewood, which offers assisted living, grows New Perspective’s portfolio to five locations in Ohio.

October 24, 2025

Leasing Activity Midwest Office Ohio

CBRE Signs 19,500 SF Lease to Relocate Columbus, Ohio Office

by Kristin Harlow October 23, 2025

COLUMBUS, OHIO — CBRE has signed a 19,500-square-foot lease at 10 W. Nationwide Boulevard, a trophy office building within the Arena District in downtown Columbus owned and developed by Nationwide Realty Investors. The firm will relocate form 200 Civic Center Drive in summer 2026. The new office on the fifth floor is part of CBRE’s Workplace360 program, which includes innovative technology and a variety of collaborative spaces designed to support hybrid working. Brandon Ellis and David Morgan represented CBRE on an internal basis. CBRE has also been named the leasing agent for 10 W. Nationwide Boulevard, which rises five stories and totals 200,000 square feet. Designed by Ohio-based architectural firm Lupton Rausch, the building features an outdoor area that connects to parking areas and nearby amenities. The lobby and first-floor amenity space are being updated to include refreshed conference rooms and a café with indoor and outdoor seating.

October 23, 2025

Leasing Activity Midwest Multifamily Ohio Restaurant Retail Student Housing

Bagels & Co. Signs 2,660 SF Retail Lease at Rambler Columbus Student Housing Property

by Kristin Harlow October 17, 2025

COLUMBUS, OHIO — Bagels & Co. has signed a 2,660-square-foot retail lease at Rambler Columbus, a student housing property near The Ohio State University campus. The tenant will occupy space on the ground floor beginning in spring 2026. Known for its Brooklyn-style bagels, the café also serves La Colombe coffee, 25 varieties of cream cheese and a variety of breakfast and lunch offerings. Developed by LV Collective, Rambler Columbus opened this fall at 222 W. Lane Ave. Other retail tenants at the property include coffee shop Daydreamer and Victory Lap, an Ohio State-themed sports bar. Matt Stein and Matt Cooper of MSC represented both Bagels & Co. and LV Collective in the lease.

October 17, 2025

Development Illinois Indiana Industrial Michigan Midwest Ohio Top Stories

Stellantis to Invest $13B Over Next Four Years at Midwest Automobile Factories

by Kristin Harlow October 15, 2025

AUBURN HILLS, MICH. — Automaker Stellantis (NYSE: STLA), parent company of brands including Jeep, Dodge and Ram, has unveiled plans to invest $13 billion over the next four years to grow its business in the U.S. market and increase its domestic manufacturing footprint. The investment, the largest in the company’s 100-year U.S. history, will support the introduction of five new vehicles across the brand portfolio; production of the all-new four-cylinder engine; and the addition of more than 5,000 jobs at plants in Illinois, Ohio, Michigan and Indiana. Stellantis says the investment will increase its annual finished vehicle production in the United States by 50 percent over current levels. The new product launches will be in addition to 19 refreshed products across all U.S. assembly plants and updated powertrains planned through 2029. In Illinois, Stellantis plans to invest more than $600 million to reopen the Belvidere Assembly Plant to expand production of the Jeep Cherokee and Jeep Compass for the U.S. market. Initial production launch is expected in 2027, and the company anticipates the creation of roughly 3,300 new jobs. With an investment of nearly $400 million, Stellantis plans to move assembly of an all-new midsize truck from Belvidere to the …

October 15, 2025

Acquisitions Industrial Midwest Ohio

CBRE Negotiates $9.4M Sale of Industrial Facility in Warren, Ohio

by Kristin Harlow October 13, 2025

WARREN, OHIO — CBRE has negotiated the $9.4 million sale of a 94,000-square-foot industrial research and development facility in Warren, a city in eastern Ohio. CBRE’s Steve Timmel, Will Roberts and George Stevens represented the seller, Industrial Commercial Properties. An entity doing business as PG Warren Industrial LLC was the buyer. Built in 1998 and renovated in 2014, the building at 4551 Research Parkway features a clear height of 22 feet, 10 drive-in doors and a reinforced concrete foundation on an 11.9-acre site. The property was fully occupied by Aptiv at the time of sale and is part of the company’s broader Warren campus.

October 13, 2025

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