Press Releases
Marcus & Millichap Brokers $2.5M Sale of Columbus Industrial Property
July 10, 2025
COLUMBUS, Ohio, July 9, 2025 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a 25,360-square-foot industrial property, occupied by Service Partners, in Columbus, Ohio for $2,525,000.
“There was significant interest in this asset, particularly from out-of-state buyers, driven by the strength of the tenant and the stability of the lease,” said Nathan Pealer, managing director investments. “The property ultimately sold for 99% of the asking price, underscoring the continued strong demand for industrial investments in the Columbus market.”
Pealer, investment specialist in Marcus & Millichap’s Columbus office, had the exclusive listing to market the property on behalf of the seller, RM-USE LLC.
Located at 2536 Creekway Dr., the property is fully leased to Service Partners under a new triple-net lease with 2.5% annual increases through May 2029. The tenant, a subsidiary of TopBuild Corp. (NYSE: BLD), occupies both bays of the 1988-built, small-bay industrial facility, which spans 25,360 square feet on 1.48 acres. The building features 18-foot clear heights, block construction and ample loading. Service Partners relocated to the site in summer 2024 from Mansfield, Ohio.
“There was significant interest in this asset, particularly from out-of-state buyers, driven by the strength of the tenant and the stability of the lease,” said Nathan Pealer, managing director investments. “The property ultimately sold for 99% of the asking price, underscoring the continued strong demand for industrial investments in the Columbus market.”
Pealer, investment specialist in Marcus & Millichap’s Columbus office, had the exclusive listing to market the property on behalf of the seller, RM-USE LLC.
Located at 2536 Creekway Dr., the property is fully leased to Service Partners under a new triple-net lease with 2.5% annual increases through May 2029. The tenant, a subsidiary of TopBuild Corp. (NYSE: BLD), occupies both bays of the 1988-built, small-bay industrial facility, which spans 25,360 square feet on 1.48 acres. The building features 18-foot clear heights, block construction and ample loading. Service Partners relocated to the site in summer 2024 from Mansfield, Ohio.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2024, the company had 1,712 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit www.MarcusMillichap.com.
