MAGVentures 2 Regional Center – Projects

Worthington Gateway LLC (Offering Stage):

  • Professional and Medical Office Building with Class-A restaurant space in Worthington, Ohio (non-Targeted Employment Area)
  • Presently in Offering Stage and is being marketed to secure $5,250,000 from five (5) investors
  • Developer completed two phases of retail buildings on the campus and sold the phases to investor groups in 2024 and 2025.
  • The project poses no construction risk as construction has been completed, has tenants in place and lease commitments for 88% of the space, is currently generating rent, and will be fully stabilized in 18 months.
  • I-956F Approved – USCIS Approved Project

 Warehouse/Fulfillment Facility (Offering Stage):

  • Construction completing June 2025 with full job creation. Developed and built by Marker Development and Marker Construction of Columbus, OH; leased by JLL
  • 201,600 square foot light manufacturing/warehouse building in Zanesville, Ohio
  • Rural Project – I-956F Approved – USCIS Approved Project
  • Presently in Offering Stage and is being marketed to secure $4,800,000 from six (6) investors

    The Edgar (Offering Stage):

    • 225,145 square foot mixed-use multifamily and retail development, with parking deck, in the Weinland Park / Ohio State University neighborhood of the Short North Arts District in Columbus Ohio
    • Presently in Offering Stage and is being marketed to secure $9,600,000 from twelve (12) investors
    • In an Urban Targeted Employment Area
    • Project continues the sustained pattern of multifamily development in Columbus Ohio, which is one of the fastest growing cities in the United States.

    The Gravity Project 3 Holdings, LLC (2023):

    • Multifamily project in Columbus, Ohio. Another Regional Center (out of Bethesda, Maryland) led the project and leveraged MAGV2’s territory and authority to operate through a formal arrangement referred to as a Regional Center rental.
    • Raised $54,400,000 from sixty-eight (68) investors, and due to substantial demand in the project and the Columbus multifamily market, six to eight (6-8) additional investors will be added to the project

    Burger King Restaurant franchisee portfolio (2015-2018):

    • Four Burger King restaurants in the Columbus, Ohio metro area
    • Raised $4,500,000 from nine investors

      MAGVentures 3 Regional Center - Projects

      Burger King Restaurant franchisee portfolio (2015):

      • One Burger King restaurant at Cleveland Hopkins International Airport; franchise related to the Columbus portfolio
      • Raised $1,000,000 from two investors

      Pro Football Hall of Fame Village (2015-2023):

      • The development of the Pro Football Hall of Fame Village in Canton, Ohio leveraged the EB5 program
      • MAGV raised $104,200,000 in two phases from 206 investors
      • Project was led by Industrial Realty Group LLC (IRG), which operated through the MAGV3 Regional Center