Watkins Logistics Center

Jones Lang LaSalle ("JLL"), as exclusive advisor to ownership, has been retained to market for sale the fee-simple interest in Watkins Logistics Center (the "Offering" or the "Property"), a 290,573 square foot manufacturing facility located in the Southeast submarket of Columbus, OH. The Property is 100% leased to TP Mechanical (the "Tenant") on a 7-year deal with 3.0% annual rent escalations, creating a stable, growing cash flow. This functional, industrial product offers users a flexible layout with the ability to demise down the space into multi-tenant formats. At a basis well below replacement cost, the Offering provides investors fully-leased industrial product with a combination of easy access, visibility, and functionality positioning it for strong returns and long-term value appreciation.

Located minutes from I-71 and I-270, the Southeast Columbus submarket connects users to the entire Columbus MSA and its major transportation infrastructure, including the world's largest cargo-dedicated airport, Rickenbacker International Airport. Industrial user demand in the Columbus MSA is robust, demonstrated by the increasing amount of development from companies such as Intel, Amazon, and Google. Watkins Logistics Center is advantageously positioned to benefit from a growing, industrialcentric environment with pre-existing transportation infrastructure across the Columbus MSA.

Ohio Licensed Broker: Jon Vanderplough #2005015674