Transwestern Investment Group (TIG) has acquired Rickenbacker Global Logistics Park Rail Site 8 on behalf of a separately managed account. The 582,400 square foot industrial asset located at 1417 Rail Southern Court in Columbus, OH, is fully leased to an investment-grade tenant.
Situated next to Ohio's Rickenbacker International Airport, the distribution center is less than three miles north of the Norfolk Southern Rickenbacker Intermodal Terminal with proximity to major thoroughfares, including Interstates 270, 71 and 70, allowing for distribution to 50% of the U.S. population within one day and cross-country access within two days.
Colliers Midwest Investment Services Team brokered the deal.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
