A new-to-Cincinnati developer and owner of industrial properties has started construction on its first speculative project in the region. Core5 Industrial Partners has started work on 75/71 Logistics Center at Walton, a more than 630,000-square-foot industrial building at 950 Wenstrup Lane. The building will boast nearly 14.5 acres under roof.
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Core5 Industrial Partners inked a full-building, 1.2-million-square-foot lease with Lakeland, Fla.-based Saddle Creek Logistics Services, which was the metro area’s largest industrial lease deal of 2018.
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873,800 SF Core5 Logistics Center at Shugart Farms Purchased by Private Investor
ATLANTA, June 19, 2017 – Atlanta-based Core5 Industrial Partners announced today the recent sale of their initial development in Metro Atlanta, 873,800-square-foot Core5 Logistics Center at Shugart Farms, to a private institutional investor. The high cube logistic facility completed construction in early 2017 and is fully leased on a long-term basis to The Duracell Company, a wholly-owned subsidiary of Berkshire Hathaway.
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