Case Study | 6465 Busch Blvd.

Acquired in 2016, this 94,250-square-foot building was initially leased to AVI Food Services. Following the conclusion of that lease, we secured a long-term lease with Amazon. In 2024, Worthington City Schools expressed interest in the property. Although Weston was not actively marketing the building for sale, we reached an agreement that met Worthington’s terms.

We successfully finalized the sale of the building in June 2024. Our current strategy involves utilizing the proceeds from this transaction in a 1031 exchange to acquire another asset, which will enhance our portfolio’s Net Operating Income (NOI) and cash flow.

This strategic move aligns with our commitment to optimizing our real estate investments and maximizing returns for our stakeholders. By carefully selecting a new asset that complements our existing portfolio, we aim to create long-term value and strengthen our financial position.