NEW YORK and LOS ANGELES, April 16, 2019 /PRNewswire/ -- Reich Brothers is pleased to announce the acquisition of the 142,223 square foot production and warehouse facility located on 7.17-acres in Columbus, OH. The facility served as Quad Graphics main production and warehousing location in the Columbus market with proximity to major highways I-70 and I-270, and just 12 miles from John Glenn International airport.
The facility is located at 4051 Fondorf Dr and is directly adjacent to Walmart's distribution and logistics hub as well as other prominent distribution/warehousing sites in the tight Franklin County submarket. The 142,223 SF building features ceiling heights ranging from 21'-24' clear with heavy power and ability to subdivide to multiple sections, accommodating a variety of tenants.
Reich Brothers expects to repurpose the facility for light manufacturing and distribution. "Reich Brothers is excited to expand its presence in the Columbus market and are committed to modernizing the existing infrastructure, investing heavily in certain improvements to prepare the facility for new occupancy," said Michael Reich, Director of Acquisitions at Reich Brothers. "The sites infill location and flexibility lend itself to a variety of tenants and we look forward to bringing the site back to full production."
Site work at the facility has already commenced and is expected to be completed in the coming months.
About Reich Brothers
Reich Brothers is a national industrial real estate firm with a specialization in the acquisition, repurposing, and management of manufacturing and distribution facilities across the United States. With several synergistic divisions across multiple disciplines, Reich Brothers provides a one stop shop solution for large corporates, financial institutions, and owner-operators globally. Reich Brothers currently has over 10,000,000 square feet of commercial real estate under management and is the go-to for complex asset transactions nationwide.
SOURCE Reich Brothers