Belfrage and Ives of CBRE broker $20m sale of 11-story Holiday Inn
CB Richard Ellis (CBRE) Hotels has completed the sale of the Holiday Inn on the Lane at Ohio State University for $20 million. Ohio State University purchased the hotel and will convert the 11-story story high-rise to student housing. The 243-room hotel was built by James Harper in 1973 and had been owned and operated by Harper Hotels for 35 consecutive years as a Holiday Inn. CBRE Columbus' Eric Belfrage and CBRE Atlanta's Tom Ives represented the seller in the property sale.
Brooklyn, NY Investment Property Realty Group (IPRG) closed the sale of 247 Leonard St., a multi-family building located in the Williamsburg section of the city, for $2.175
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