Taylor Industrial One

Jones Lang LaSalle (“JLL”), as exclusive advisor to ownership, has been retained to market for sale the fee simple interest in Taylor Industrial One (the “Offering” or the “Property”), a 144,375 square foot distribution facility located in the East submarket of Columbus, OH. The Property is 100% leased to Grimco, Inc. on a 10- year deal with 3.50% annual rent escalations, providing a long-term, growing cash flow. This highly functional Class A facility offers users modern logistics specifications including 32’ clear heights, ESFR fire protection systems, and LED lighting. Additionally, the Property features a flexible layout with the ability to demise down the space into multi-tenant formats. Taylor Industrial One offers investors a Class A industrial facility in the high-growth East Columbus submarket with a stabilized, growing in-place cash flow and best-in-class tenancy.

The Property provides an opportunity for investors to enter the rapidly growing, highly accessible, East Columbus industrial submarket. Located minutes away from I-270, the East Columbus submarket connects users to the entire Columbus MSA and its major transportation infrastructure, including I-70, I-71, and the Rickenbacker International Airport. Industrial user demand in the region is robust, evidenced by major developments in New Albany, 6 miles north of the Property. In addition to its long history as a dominant logistics market, Amazon and Intel have submitted plans to construct massive data center and manufacturing facilities in New Albany. Notably, Intel’s 3,190-acre computer chip manufacturing campus is the largest single private sector investment in Ohio’s history and is expected to add $2.8 billion to Ohio’s annual gross state product. Taylor Industrial One benefits from a growing, industrial focused environment with outstanding transportation access, connecting users like Grimco to the sprawling Columbus MSA and its large labor pools.