cin-wilson3 The vacancy rate for properties in the Cincinnati area has sunk to historic lows.

CINCINNATI—This metro area has watched its industrial market really take off in the past few years, and an increasing number of investors want a piece. Wilson Investment Properties, a Silicon Valley-based real estate investment firm, acquired an industrial portfolio of five properties in Florence, KY, spanning a total of 100,656 square feet.

This metro area has a bright future as a distribution hub. Even though the region is land-constrained due to some topographical issues, several major projects are underway. Amazon has decided, for example, to create a $1.4 billion hub at the Cincinnati/Northern KY airport, bringing 2,700 new jobs to the area as part of a larger move to lessen its dependence on UPS and FedEx.

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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.