i3 Investor News
i3 Investors Acquires Polaris Commerce Center Property Adding to its Growing Columbus Portfolio
INDIANAPOLIS, Ind. – 1/4/2022 i3 Investors has acquired 400 Lazelle Rd., Columbus, Ohio, in the Polaris Commerce Center. This is the fifth acquisition the company has made in the Columbus market.
Strategically located in the North Columbus submarket near the Polaris Fashion Place and the JP Morgan Chase McCoy Center, the Class A light industrial building is 54,000 square feet. It is currently 88% occupied by six tenants. Colliers International has been hired to handle leasing on behalf of i3 Investors.
“Columbus is a logistics hotspot with one of the best business climates in the country. Large corporate headquarters, innovative new concepts in the restaurant and retail industries, and growing startups make it an appealing market for investors,” said i3 Investors Principal Chip Barnes. “The acquisition of Polaris Commerce Center further bolsters our position here and positions us well for future growth.”
With the addition of Polaris Commerce Center, i3’s growing portfolio includes nearly two million square feet of industrial space throughout the Midwest and South with multiple properties in Ohio, Indiana, and Kentucky.
For media inquiries, contact
Melissa Cotterill
Executive Vice President
+1 317 319 8790
