FINDLAY, OH- Ohio Logistics has just expanded into the g2 revolution building, taking 61,512 square-feet, and their steady growth mirrors what has happened in this northwestern Ohio town.
“I can't think of another city that has had the success Findlay has had,” says Tim Echemann of the Ohio-based Industrial Property Brokers, who represented both Ohio Logistics and the landlord. “Buildings have gone up in industrial parks and filled up with world-class companies. We got this building on the market in December and now we're full.”
“This building provides us with a modern, clean facility that is most similar to our other locations,” says Rick Aurand, human resources manager with Ohio Logistics. Headquartered in Findlay, the company provides warehousing and distribution services and will hold onto other space in town. The building, owned by g2 revolution LLC, a recycling company headquartered in Illinois but with major processing operations in Findlay, has 175,485 square-feet. It was built in 2003 and has many modern amenities including a climate-controlled warehouse, advanced fire suppression and clear heights up to 28 feet. Tour de Force CRM, Inc. also helped fill it up by recently leasing 12,500 square-feet. And John Graham, the chief executive officer of g2 revolution, now says he will consider adding on to the building.
Findlay's commercial real estate market has been “tight, extremely tight,” Echemann adds. The buoyed automobile industry has sustained many industrial concerns, and the town of about 42,000 also hosts large employers like Marathon Petroleum and Cooper Tire & Rubber Co. The prosperity has even begun to spread beyond the industrial market.
“The office market has gone from zilch to everyone starting to show up,” Echemann says, and all in the last few months. He finds it much easier to convince doctors, insurance companies and many others to sign deals for new, upgraded space. “I don't have to pull them across the line.”
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
