75 Logistics Center

75 Logistics Center

  • Value: $37,000,000
  • Project Type: Speculative Development
  • Address: Middletown, Ohio
  • Land Size: Middletown, Ohio
  • SF: 612,000 SF

Description

  • The land for this project was acquired from a local contractor who had built many smaller buildings in the area.  The site on the border of Middletown was intentional as we were able to get a 15 year, 100% real property tax abatement not available elsewhere.
  • Once built, we saw active interest from a variety of companies.  We ended up leasing to two credit tenants, Cintas and DHL who both took approximately one-half of the building.