The Colliers International East Region Multifamily Advisory Group represented AMG Marion, LLC in the $2.1 million sale of Cambridge Apartments, a value-add, 66-unit multifamily asset in Columbus, Ohio. Private buyer
purchased the asset.
Will Mathews, Russ Williamson, Carter Brehm, Tyler Hague, and Jack Maloneyof theColliers International East Region Multifamily Advisory Grouprepresented the seller in the transaction.
“This is another exciting transaction for our East Region platform. The seamless collaboration across borders locally, regionally, and nationally provides our clients the most competitive marketing process. The Atlanta, Columbus, and Chicago offices have established a strategic partnership to strengthen platform collaboration and exhaust all relationships and resources to benefit our clients. We know our clients are best positioned when multiple experienced brokers pour all their talents and energy into a sale. The competitive environment we created on the execution of this asset could not have occurred without our partnership with Russ Williamson in the Columbus office and Tyler Hague and Jack Maloney who are located in our Chicago office.”said Mathews, Principal and Senior Vice President of Colliers East Region Multifamily Advisory Group.
Columbus is a market that institutional investors from out of state are looking to enter and expand into. Mixed with the favorable rent growth statistics and the positive job growth, Columbus has become a top Midwest market.
About Colliers International Group Inc.
Colliers International Group Inc. (NASDAQ and TSX: CIGI) is an industry-leading real estate services company with a global brand operating in 69 countries and a workforce of more than 12,000 skilled professionals serving clients in the world’s most important markets. Colliers is the fastest-growing publicly listed global real estate services company, with 2017 corporate revenues of $2.3 billion ($2.7 billion including affiliates). With an enterprising culture and significant employee ownership and control, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include strategic advice and execution for property sales, leasing and finance; global corporate solutions; property, facility and project management; workplace solutions; appraisal, valuation and tax consulting; customized research; and thought leadership consulting.
Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice that help clients accelerate their success. Colliers has been ranked among the top 100 global outsourcing firms by the International Association of Outsourcing Professionals for 13 consecutive years, more than any other real estate services firm. Colliers also has been ranked the top property manager in the world by Commercial Property Executive for two years in a row.
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