Thompson Thrift Retail Group Sells Columbus-Area Bank of America Net Leased Investment – Wire Real Estate

Thompson Thrift Retail Group Sells Columbus-Area Bank of America Net Leased Investment

Sep 2, 2020

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Sep 2, 2020 8:41 AM ET

iCrowd Newswire - Sep 2, 2020

Thompson Thrift Retail Group (TTRG), a wholly-owned company of Indianapolis-based Thompson Thrift, announced Friday the sale of a freestanding, co-branded Bank of America/Merrill Lynch financial center in the Columbus suburb of Gahanna.

The 1-acre parcel is located at the Northeast corner of Hamilton and Blendon Place Roads. Construction commenced on the location earlier this year and the two-story, 8,830-square-foot financial center is scheduled to open later this year.

“We are excited to announce the sale of this extremely high quality, co-branded asset,” said Chris Hake, senior vice president, director of the Southwest region for Thompson Thrift. “This is the fourth development we have successfully completed with the Bank of America team and we look forward to working with them on additional projects as they continue their expansion throughout Ohio.”

Dylan Mallory of Hanley Investment Group represented TTRG on the sale.

TTRG is a full-service real estate development company focused on ground-up commercial and mixed-use development across the Midwest, Southeast and Southwest. During the past 30+ years, Thompson Thrift has invested more than $2.2 billion into local communities and has become known as a trusted partner committed to developing high-quality, attractive retail and multifamily projects.

About Thompson Thrift Real Estate Company

Thompson Thrift is an integrated full-service real estate company with offices in Indianapolis and Terre Haute, IndianaHouston, Texas; and Phoenix, Arizona. Three service pillars drive Thompson Thrift’s success—Thompson Thrift Retail Group which is focused on ground-up commercial development, Watermark Residential which is focused on upscale multifamily communities and luxury leased homes, and Thompson Thrift Construction, a full-service construction company. Through these business units, Thompson Thrift is engaged in all aspects of acquisition, development, construction, leasing, and management of quality multifamily, mixed-use, retail and office projects across the country. We are passionate about our customer’s success and strive to ensure our projects not only meet the needs of our customers but also the communities we serve. For more information, please visit 

Jennifer Franklin
Spotlight Marketing Communications

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Jennifer FranklinSpotlight Marketing