Cushman & Wakefield Represents Core5 in 437,589-Square-Foot Industrial Lease
COLUMBUS, December 17, 2021 – Cushman & Wakefield announced today that the firm Core5 Industrial Partners is leasing 437,589 square feet of industrial space to logistics firm, Whiplash.
Cushman & Wakefield Director Michael Guagenti, SIOR, CCIM, represented Atlanta-based Core5 in the lease transaction with Whiplash, a national third-party logistics firm.
Core5 delivered I-70 Logistics Center East, a state-of-art industrial building located at 1225 Southgate Parkway in Etna, Ohio in August of this year. Whiplash will begin operations at the property in early 2022. “We are looking forward to welcoming Whiplash to Etna Township,” states Doug Armbruster, Senior Vice President and Manager Director with Core5. “With our location and access to a qualified workforce, I-70 Logistics Center East will be an ideal fit for their operations.”
The property is located in Etna Township, Ohio about three miles from Interstate 70, and within close proximity to Interstates 270, 71 and 75. The John Glenn International Airport (passenger) and Rickenbacker International Airport (air cargo) are both easily accessible, and Norfolk Southern and CSX have major intermodal rail operations in the area. The Central Ohio location is within a 10-hour truck drive of 46% of the U.S. population and manufacturing base and is ideally situated for domestic and international business trades requiring local, regional, and national distribution.
“Core5 delivered a state-of-the-art building in an exceptional location,” Guagenti said. “With its quality and ability to serve roughly half of the U.S. population within a day’s drive, I-70 Logistics Center proves to be an ideal destination for logistics and distribution, and we are excited to welcome Whiplash to the area.”
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in over 400 offices and 60 countries. In 2020, the firm had revenue of $7.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.