
Troy Distribution Center
1260 Brukner Drive, Troy, OH, 45373, US
19,686 m²
Jones Lang LaSalle ("JLL"), as exclusive advisor to owner, is pleased to offer for sale the fee-simple interest in the Magna-Vehtek Manufacturing Facility, a 109,019 square foot industrial facility located off I-75 at 134 Woodgate Drive in Bowling Green, OH (the "Property" or the "Offering"). Delivered in 2024, this brand-new industrial facility is 100% leased by Vehtek Systems, LLC ~a growing division of Magna International (the "Company" or the "Tenant"), with a focus on metal auto part forming and stamping. Positioned just 2-minutes south of Magna's primary Vehtek Systems manufacturing facility, the Offering marks the Company's second facility in Bowling Green, making them one of the largest employers in the area. Bowling Green's positioning outside the Toledo MSA has attracted other automotive manufacturer's including GKN Automotive, Marelli, Novavision, and Kaufman Engineered Systems, among others; due to the region's robust manufacturing exposure and transportation infrastructure.
Since the original completion of the primary Vehtek Systems plant off Woodland Cir, the Company's multi-phase expansion to a now 350,000 SF facility, coupled with a recently signed 12-year lease at 134 Woodgate marks nearly 500,000 SF of manufacturing space within the park. This emerging master-planned Vehtek campus is primed for continued growth as the company's $1.45 billion in 2024 free cash flow helps fund growth throughout the United States over the foreseeable future in concert with the nation's push for bringing back manufacturing to America. The Magna-Vehtek Manufacturing Facility presents investors the opportunity to acquire quality real estate with substantial tenant investment and locational ties backed by a long-term 12-year lease with accretive annual escalations for a high-growth business segment of Magna International (NYSE: MGA).
OH Licensed Broker - Jon Vanderplough - BRKP.2025003584


