HighBrook Investors has sold Columbia Plaza, a newly renovated, 538,437-square-foot office building in Cincinnati, Ohio.
The new owner is Zamir Equities. The financial terms were not disclosed.
Columbia Plaza is located at 250 E 5th Street in the heart of Cincinnati’s central business district, which is home to eight Fortune 500 companies. The 29-story tower has a superior location close to demand drivers such as Fountain Square, the entertainment districts of Newport and Covington, as well as The Banks, which is home to the Cincinnati Bengals and Reds. Additionally, Columbia Plaza is proximate to Interstates 71 and 75, two of the major regional thoroughfares. Recently renovated, the 29-story tower boasts a 5,000-square-foot expansion to the lobby, a 3,000-square-foot tenant lounge, conferencing facilities, outdoor plaza with multiple seating areas and a 494-space subterranean parking garage. The 76.2 percent–leased Columbia Plaza is anchored by Western &
