COLUMBUS—This region continues to draw interest from both developers and major investors. Hillwood, a Perot company, has just acquired Rickenbacker 717, a class A distribution center totaling 717,717 square feet in suburban Groveport, which has become one of the most prominent distribution corridors in the country.
Located on 35 acres at 3099 Rohr Rd., Rickenbacker 717 was recently completed by Van Trust Real Estate LLC, and sits close to Rickenbacker International Airport, Port Columbus International Airport and the Norfolk Southern intermodal yard. The location also provides quick access to the I-270 interchange, I-70 and I-71.
As reported in GlobeSt.com, in 2015 Hillwood acquired the 484,216 square foot Rickenbacker 8, another just-completed vacant speculative structure, also in Groveport. Buying vacant warehouses illustrates just how strongly the Dallas-based company believes in this burgeoning area.
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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.
