Owner, property manager Hines plans to make significant upgrades to property
Columbus, OH, August 30, 2016 – CBRE Group, Inc. announced today that it has been retained as the exclusive leasing agent for Huntington Center at 41 South High Street, a 37-story office tower containing one million square feet, including 27,000 square feet of retail space, a 1,000-car parking facility and a 29,650-square-foot athletic club.
CBRE’s Brad McMahon and Don Roberts will lease the building on behalf of Hines, who owns and manages the building.
In the coming months, Hines plans to make significant upgrades to the property. The goal is to improve upon Huntington Center’s best-in-class amenities and create vibrant common areas for tenants to use and enjoy. Hartshorne Plunkard Architecture (HPA) has been engaged to assist with planning and designing new amenity areas such as a tenant lounge, rooftop patio and secure bike storage; amenities more commonly found in larger markets like Chicago. Upgrades will be made to the Gallery, such as lighting retrofits and replacement of the finishes in the elevators to make common areas brighter and more inviting.
“The renovations will appeal to creative office tenants, as well as professional service firms with a large Millennial employee base who are looking for new Class A space and amenities in Columbus’ central business district,” said Greg Van Schaack, Hines’ senior managing director.
“Office space in downtown Columbus continues to be in high demand, especially open creative space,” CBRE’s Brad McMahon said. “As Class A space continues to be absorbed by office tenants, we expect that demand to only go up. Huntington Center will be a viable option with large open floor plans that tenants are looking for.”
CBRE’s Columbus office provides a complete spectrum of commercial real estate services including asset services, brokerage services, corporate services, debt and equity financing, facilities management, industrial and logistics services, investment sales, office services, project management, research, and valuation and advisory services.
For more information about Huntington Center, please visit www.41southhigh.com.
To request an interview with a CBRE professional, please contact Joe Ludwig at +1 513 369 1305 or joe.ludwig@cbre.com.
About Hines
Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 182 cities in 20 countries. Hines has $89.1 billion of assets under management, including $42.5 billion for which Hines provides fiduciary investment management services, and $46.6 billion for which Hines provides third-party property-level services. The firm has 109 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,126 properties, totaling over 351 million square feet. The firm’s current property and asset management portfolio includes 457 properties, representing over 193 million square feet. With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most-respected real estate organizations in the world. Visit www.hines.com for more information.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2015 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.