August 9, 2018 Comments Off on Cantor Fitzgerald, Rodin Global Claim Columbus Office for $47M Views: 3393 Midwest, National News, Ohio

Cantor Fitzgerald, Rodin Global Claim Columbus Office for $47M

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New York-based Cantor Fitzgerald Investors, LLC acquired a recently developed 241,493-square-foot, Class A office building located in Columbus, OH’s Easton submarket from New York-based Georgetown Co. for $46.95 million. The property at 3075 Loyalty Circle was purchased in a venture with Rodin Global Property Trust, Inc.

Comenity Servicing LLC, a subsidiary of Alliance Data Systems Corporation, which serves as guarantor of the lease, has committed to lease 100% of the asset through September 2032.

Cantor Fitzgerald’s Roger Shreero says, “This acquisition demonstrates our commitment to investing in assets that possess both high credit quality tenants and strong real estate fundamentals.”

Recently constructed in 2017, the building is part of a three-property office campus that houses more than 1,700 employees, and serves as the headquarters for Alliance Data Card Services. The property is located within a 1,300-acre master-planned community with office, retail, hotel and multifamily uses.

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