The Colliers International brokerage’s Columbus office has listed the building for sale without a public asking price.

Brian R. Ball
Staff reporter- Columbus Business First

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The Connecticut owner of the One Mill Run office mid-rise in Hilliard has put it up for sale.

Andrew Jameson and Brett Cisler of the Colliers International brokerage’s Columbus office have the listing without a public asking price.

“It’s 100 percent leased,” Jameson told me, “so it’s a great investment.”

No further details were released about the 175,000-square-foot property.

An affiliate of Hartford-based Talcott Realty Investors purchased the building at 3455 Mill Run Drive in November 2005 for $11 million. That was about a year after Nationwide Mutual Insurance Co. relocated its Gates McDonald Co. workers’ compensation administration division to its downtown office complex. (Nationwide sold the Gates McDonald business several years later.)

The loss of that 100,000-square-foot tenant pushed occupancy in the building down to about 18 percent.

The Colliers team  slowly has rebuilt the property’s tenant rolls with leases to  Sedgwick Claims Management Services Inc.,  Indiana Wesleyan University and others.

The building commanded a $19 million price in 1997.

Brian R. Ball covers commercial real estate and development for Columbus Business First.