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News release

COLUMBUS, OH

JLL Announces Sale of One & Two Easton Oval in Columbus

Garrison Investment Group acquires two class A assets from Duke Realty


COLUMBUS, Dec. 15, 2014 – JLL’s Columbus office today announced the sale of One and Two Easton Oval to Garrison Investment Group. The leading middle market credit and asset based investor acquired the class A, 253,705-square-foot assets from a joint venture between Chambers Street Properties and Duke Realty Corporation at an undisclosed price. JLL’s investment sales team represented Chambers Street Properties and Duke Realty Corporation in the sale.

Currently home to well-known tenants, including Merrill Lynch, McDonald’s, Alliance Data Systems and Sprint, the buildings are 76 percent occupied. JLL will assume responsibility for leasing and property management on behalf of Garrison Investment Group. Members of the JLL leasing team representing Garrison Investment Group, include Vice President, Collin Wheeler and Vice President, Aaron Duncan.

“Garrison is pleased to have acquired these premier office assets in one of Columbus’ most vibrant submarkets,” said an executive at Garrison. “We look forward to operating these buildings in class A fashion and providing prime space in Easton to occupiers of all sizes.”

The Easton Oval assets are within 10 miles of downtown Columbus, and within walking distance to the region’s top retail and dining destination—Easton Town Center. 

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About JLL
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual fee revenue of $4.0 billion and gross revenue of $4.5 billion, JLL has more than 200 corporate offices, operates in 75 countries and has a global workforce of approximately 53,000.  On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.0 billion square feet, or 280.0 million square meters, and completed $99.0 billion in sales, acquisitions and finance transactions in 2013. Its investment management business, LaSalle Investment Management, has $53.0 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.