CINCINNATI—The industrial market in this metro area just had one of its best years ever, and developers have set the stage for even more expansion. Officials from IDI Gazeley say they will soon begin construction on Park North at Monroe Building 10, a 755,911-square-foot bulk warehouse facility located in Monroe, OH. IDI expects to finish the project, which will be the largest 36' clear height availability in greater Cincinnati, by the fourth quarter.
CBRE Group, Inc. will market the property for lease. Park North at Monroe, a master-planned park located midway between Cincinnati and Dayton, offers convenient access to I-75. Furthermore, it is served by a single point urban interchange, which allows trucks to switch roads with smooth, gradual turns, instead of having to go at right angles.
“Users can move goods in and out of the park very quickly,” CBRE's Jeremy Kraus tells GlobeSt.com. And Building 10 is within 600 miles of more than 50% of the US population, making it ideal for distributors with regional or national operations.
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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.
