DSW Pays $72M To Acquire Ohio Headquarters

Law360, New York (November 2, 2012, 1:45 PM EDT) -- Footwear and accessories retail company DSW Inc. has acquired its corporate headquarters and 700,000-square-foot distribution center in Columbus, Ohio, for $72 million, DSW said Thursday.

The property had previously been owned by an operating company, 810 AC LLC. DSW had previously leased about two-thirds of the property included in the deal. The company acquired the headquarters building, the distribution center and a trailer lot from 810 AC in an all-cash deal, it said.

DSW said it expects the acquisition to be accretive on annual basis due...
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