MCB Real Estate, in joint partnership with Abide Capital Group, has acquired Harlow on Main, a 120-unit Class ‘A’ multifamily community situated at 195 East Main Street in downtown Columbus, Ohio, from Homestead Companies for $16.5 million.
Newmark’s George Skaff and Carter Stephens represented the seller of the property, which was more than 86 percent leased at the time of the transaction, and WesBanco provided project financing. Delivered in 2020, Harlow on Main is a mixed-use asset strategically located within walking distance of Columbus’ major employers, academic institutions, and cultural amenities.
The property features studio and one-bedroom units, and the ground floor includes approximately 7,000 square feet of retail space, currently partially leased to a café. “Harlow on Main is an institutional-quality and best-in-class asset which aligned seamlessly with our portfolio standards,” stated P. David Bramble, MCB Real Estate’s Managing Partner and Co-founder.
The post MCB Real Estate Partnership Acquires MF in Ohio for $16.5M appeared first on Connect CRE.
