Location Characteristics: Centrally located between Chicago, New York City & Toronto, the greater Cleveland area is within a day’s drive of 60% of all US Fortune 500 headquarters and nearly half of the US population. Additionally, the greater Cleveland area’s robust transportation infrastructure, offers immediate access to major interstates and international airports allowing tenants to reach their consumers with ease.
Market Insight: Demand in the greater Cleveland area, coupled with limited availability has pushed a 15% increase in asking rental rates over the last 3 years, which has largely been driven by e-commerce, manufacturing, and distribution companies.
Location Characteristics: Centrally located between Chicago, New York City & Toronto, the greater Cleveland area is within a day’s drive of 60% of all US Fortune 500 headquarters and nearly half of the US population. Additionally, the greater Cleveland area’s robust transportation infrastructure, offers immediate access to major interstates and international airports allowing tenants to reach their consumers with ease.
Market Insight: Demand in the greater Cleveland area, coupled with limited availability has pushed a 15% increase in asking rental rates over the last 3 years, which has largely been driven by e-commerce, manufacturing, and distribution companies.
Location:Glenwillow, OH
Acquisition Date:9/17/18
# of Buildings:1
Purchase Price/SF:$67,47
Tenant:Multi-Tenant
Portfolio Fit: 30339 Diamond is a Class-A cross-functional warehouse, located near two interstates, and is occupied by multiple tenants, including a manufacturer of automotive accessories. Additionally, it has increased Plymouth's presence in the Cleveland manufacturing market by 400,184 square feet.
City, Location:Canton, OH
Acquisition Date:11/24/20
# of Buildings:1
Purchase Price/SF:$60.12
Tenant:Single-Tenant
Portfolio Fit: As a result of the rapid growth of the Cleveland e-commerce industry, our single tenant building, 2100 International Parkway is currently occupied through 2032 by an e-commerce wholesale company that has strategically built their supply chains and operations around this opportunistic location.
Metro Area | Building Name | Gross Building Area (SF) | Property Sub-Type | Tenant |
---|---|---|---|---|
Cleveland | 1200 Chester Industrial Parkway South | 90,628 | Warehouse/Light Manufacturing | Multi-Tenant |
Cleveland | 1200 Chester Industrial Parkway North | 207,160 | Warehouse/Distribution | Single-Tenant |
Cleveland | 1350 Moore Road | 109,075 | Warehouse/Distribution | Multi-Tenant |
Cleveland | 31000 Viking Parkway Road | 100,150 | Small Bay Industrial | Multi-Tenant |
Cleveland | 1755 Enterprise Parkway | 255,570 | Warehouse/Light Manufacturing | Multi-Tenant |
Cleveland | 30339 Diamond Parkway | 400,184 | Warehouse/Distribution | Multi-Tenant |
Cleveland | 4211 Shuffel Street NW | 255,000 | Warehouse/Light Manufacturing | Single-Tenant |
Cleveland | 1366 Commerce Drive | 216,000 | Warehouse/Distribution | Multi-Tenant |
Cleveland | 2100 International Parkway | 274,464 | Warehouse/Light Manufacturing | Single-Tenant |
Cleveland | 14801 County Road 212 | 405,000 | Warehouse/Distribution | Single-Tenant |
Cleveland | 2210 International Parkway | 350,000 | Warehouse/Distribution | Single-Tenant |
Cleveland | 3325 Gilchrist Road | 188,846 | Warehouse/Distribution | Single-Tenant |
Cleveland | 3375 Gilchrist Road | 255,000 | Warehouse/Distribution | Single-Tenant |
Cleveland | 3081 Gilchrist Road | 129,931 | Warehouse/Distribution | Multi-Tenant |
Cleveland | 3111 Gilchrist Road | 79,661 | Warehouse/Distribution | Single-Tenant |
Cleveland | 3425 Gilchrist Road | 29,200 | Warehouse/Distribution | Multi-Tenant |
Cleveland | 3400 Gilchrist Road | 335,521 | Warehouse/Distribution | Multi-Tenant |
Cleveland | 1120 West 130th Street | 100,301 | 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.