Location Characteristics: Headquarters to nine Fortune 500 and 14 Fortune 1000 companies, Greater Cincinnati ranks in the top 10 U.S. markets for headquarters per million residents, ahead of New York, Boston, Chicago and Los Angeles. Additionally, as a transportation hub, Cincinnati is not only served by Interstate-275 and Interstate-75, but also by other highways, rail and river systems.
Market Insight: In the Midwest, Cincinnati is one of the top-performing markets, with a limited supply of available industrial land has led to higher rental rates and higher building costs. There is a rise of developers in the market and strong competition in the race for new sites. The diversified industrial economy comprising e-commerce, consumer packaging, automotive, food and 3PL fulfillment is driving industrial demand, and development is expected in the coming years.
Location Characteristics: Headquarters to nine Fortune 500 and 14 Fortune 1000 companies, Greater Cincinnati ranks in the top 10 U.S. markets for headquarters per million residents, ahead of New York, Boston, Chicago and Los Angeles. Additionally, as a transportation hub, Cincinnati is not only served by Interstate-275 and Interstate-75, but also by other highways, rail and river systems.
Market Insight: In the Midwest, Cincinnati is one of the top-performing markets, with a limited supply of available industrial land has led to higher rental rates and higher building costs. There is a rise of developers in the market and strong competition in the race for new sites. The diversified industrial economy comprising e-commerce, consumer packaging, automotive, food and 3PL fulfillment is driving industrial demand, and development is expected in the coming years.
Location:Fairfield, OH
Acquisition Date:10/15/18
Construction Completion Date:2/1/23
# of Buildings:2
Purchase Price/SF:$19.85
Tenant:Multi-Tenant
Portfolio Fit: 4400 Dixie Highway is a 1.2 million square foot cross-functional space, comprising of almost half of Plymouth's portfolio in Cincinnati. This building offers the perfect blend of warehousing, manufacturing, heavy crane facilities and outdoor storage, catering to the needs of its tenants. The buildable land on the property is currently being developed to include two new buildings, the first, 4000 Dixie Highway, is a 150,000 square foot structure completed in early 2023, and the second, a 200,000 square foot building, is set to go under construction in 2024.
City, Location:Fairfield, OH
Acquisition Date:11/24/14
# of Buildings:1
Purchase Price/SF:$32.42
Tenant:Single-Tenant
Portfolio Fit: 4115 Thunderbird Lane is 100% leased to a subsidiary of a major auto parts distributor, one of the largest automotive aftermarket parts providers in North America. The Property, serves as a hub distribution center, serving the Dayton, Cincinnati, Lexington, and Louisville regions.
Metro Area | Building Name | Gross Building Area (SF) | Property Sub-Type | Tenant |
---|---|---|---|---|
Cincinnati | 4115 Thunderbird Lane | 70,000 | Warehouse/Distribution | Single-Tenant |
Cincinnati | 7585 Empire Drive | 148,415 | Warehouse/Light Manufacturing | Multi-Tenant |
Cincinnati | 4400 Dixie Highway | 1,249,240 | Warehouse/Light Manufacturing | Multi-Tenant |
Cincinnati | 4000 Dixie Highway | 154,692 | Warehouse/Light Manufacturing | Multi-Tenant |
Cincinnati | 11540-11630 Mosteller Road | 358,386 | Warehouse/Light Manufacturing | Multi-Tenant |
Cincinnati | 4331 Dues Drive | 58,000 | Warehouse/Distribution | Single-Tenant |
Cincinnati | 4225 Dues Drive | 245,000 | Warehouse/Distribution | Single-Tenant |
Cincinnati | 2800 Kemper Road | 82,832 | Small Bay Industrial | Multi-Tenant |
Cincinnati | 4514 Cornell Road | 165,521 | Small Bay Industrial | Multi-Tenant |
Cincinnati | 6900 Fairfield Business Center | 39,558 | Small Bay Industrial | Single-Tenant |
Cincinnati | 2700 Kemper Road | 85,718 | Small Bay Industrial | Multi-Tenant |
Cincinnati | 3741 Port Union Road | 53,602 | Warehouse/Distribution | Single-Tenant |
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Plymouth Industrial REIT is a full service, vertically integrated real estate investment company focused on the acquisition, ownership and management of single and multi-tenant industrial properties. Our mission is to provide tenants with cost effective space that is functional, flexible and safe.