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October 02, 2019  

HighBrook Markets Cincinnati Tower

HighBrook Investors is offering the leasehold interest in an office tower in Cincinnati that it recently renovated.The 538,000-square-foot Columbia Plaza, at 250 East Fifth Street in the Central Business District, is expected to attract bids of $60 million, or $112/sf, indicating an initial annual yield of 9.2%. New York-based HighBrook has given the listing to JLL.HighBrook performed $10.5 million of renovations to the property beginning in...

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