{"id":1004118683,"date":"2015-05-04T13:31:46","date_gmt":"2015-05-04T21:31:46","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=344456"},"modified":"2020-05-19T02:39:26","modified_gmt":"2020-05-19T10:39:26","slug":"idi-gazeley-lease-is-2015-pacesetter-2","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/idi-gazeley-lease-is-2015-pacesetter-2\/","title":{"rendered":"IDI Gazeley Lease is 2015 Pacesetter"},"content":{"rendered":"<p style=\"text-align: justify;\"><em>By Adrian Maties, Associate Editor<\/em><\/p>\n<p style=\"text-align: justify;\">So far, 2015 has been an excellent year for the Greater Cincinnati industrial market. After registering more than 2 million square feet of positive net absorption in the first quarter, the area has now recorded its largest lease transaction of the year.<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/04\/Park-North-4-Photo-10_14-WebAdmin.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-344457\" title=\"Park North 4 Photo 10_14 WebAdmin\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/04\/Park-North-4-Photo-10_14-WebAdmin.jpg\" alt=\"\" width=\"300\" height=\"192\" \/><\/a>SSB Manufacturing has signed a lease with IDI Gazeley for 430,668 square feet at 601 Gateway Blvd., which opened last fall at Park North in Monroe. SSB is the first major tenant at 601 Gateway, which offers 649,000 square feet and a 15-year, 100 percent tax abatement. CBRE\u2019s Mike Lowe, First Vice President, and Tim Schenke, Vice President, represented the tenant.<\/p>\n<p style=\"text-align: justify;\">DTZ reported last month that the Greater Cincinnati industrial market absorbed 2.3 million square feet in the first quarter, the fifteenth consecutive quarter of positive absorption. As a result, overall vacancy dropped to 4.7 percent from 5.4 percent in the fourth quarter of 2014. The average asking rent increased 2.5 percent to $3.76 per square foot.<\/p>\n<p style=\"text-align: justify;\"><em>Photo credit: <\/em><a href=\"https:\/\/www.brookfieldlogisticsproperties.com\" rel=\"nofollow\" ><em>www.brookfieldlogisticsproperties.com<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>2015 has so far been an excellent year for the Greater Cincinnati industrial market. After registering more than 2 million square feet of positive net absorption in the first quarter, the area has now seen the largest lease transaction so far this year.<\/p>\n","protected":false},"author":925,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1583,21742],"tags":[],"class_list":["post-1004118683","post","type-post","status-publish","format-standard","hentry","category-cincinnati","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>IDI Gazeley Lease is 2015 Pacesetter - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/idi-gazeley-lease-is-2015-pacesetter-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IDI Gazeley Lease is 2015 Pacesetter\" \/>\n<meta property=\"og:description\" content=\"2015 has so far been an excellent year for the Greater Cincinnati industrial market. After registering more than 2 million square feet of positive net absorption in the first quarter, the area has now seen the largest lease transaction so far this year.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/idi-gazeley-lease-is-2015-pacesetter-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-05-04T21:31:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-19T10:39:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/04\/Park-North-4-Photo-10_14-WebAdmin.jpg\" \/>\n<meta name=\"author\" content=\"Adrian Maties\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/idi-gazeley-lease-is-2015-pacesetter-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/idi-gazeley-lease-is-2015-pacesetter-2\\\/\"},\"author\":{\"name\":\"Adrian Maties\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/6dfc8d1c9006c9fd1c89d69133130109\"},\"headline\":\"IDI Gazeley Lease is 2015 Pacesetter\",\"datePublished\":\"2015-05-04T21:31:46+00:00\",\"dateModified\":\"2020-05-19T10:39:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/idi-gazeley-lease-is-2015-pacesetter-2\\\/\"},\"wordCount\":162,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/idi-gazeley-lease-is-2015-pacesetter-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/04\\\/Park-North-4-Photo-10_14-WebAdmin.jpg\",\"articleSection\":[\"Cincinnati\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/idi-gazeley-lease-is-2015-pacesetter-2\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/idi-gazeley-lease-is-2015-pacesetter-2\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/idi-gazeley-lease-is-2015-pacesetter-2\\\/\",\"name\":\"IDI Gazeley Lease is 2015 Pacesetter - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/idi-gazeley-lease-is-2015-pacesetter-2\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/idi-gazeley-lease-is-2015-pacesetter-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/04\\\/Park-North-4-Photo-10_14-WebAdmin.jpg\",\"datePublished\":\"2015-05-04T21:31:46+00:00\",\"dateModified\":\"2020-05-19T10:39:26+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/6dfc8d1c9006c9fd1c89d69133130109\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/idi-gazeley-lease-is-2015-pacesetter-2\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/idi-gazeley-lease-is-2015-pacesetter-2\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/idi-gazeley-lease-is-2015-pacesetter-2\\\/#primaryimage\",\"url\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/04\\\/Park-North-4-Photo-10_14-WebAdmin.jpg\",\"contentUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/04\\\/Park-North-4-Photo-10_14-WebAdmin.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/idi-gazeley-lease-is-2015-pacesetter-2\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"IDI Gazeley Lease is 2015 Pacesetter\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/6dfc8d1c9006c9fd1c89d69133130109\",\"name\":\"Adrian Maties\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/5d44b73a0d511e855d0ea5f29d28e7d8527c86a0c6c0f67be8f2e9642a9d9e8d?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/5d44b73a0d511e855d0ea5f29d28e7d8527c86a0c6c0f67be8f2e9642a9d9e8d?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/5d44b73a0d511e855d0ea5f29d28e7d8527c86a0c6c0f67be8f2e9642a9d9e8d?s=96&d=mm&r=g\",\"caption\":\"Adrian Maties\"},\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/adrianmaties\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"IDI Gazeley Lease is 2015 Pacesetter - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/idi-gazeley-lease-is-2015-pacesetter-2\/","og_locale":"en_US","og_type":"article","og_title":"IDI Gazeley Lease is 2015 Pacesetter","og_description":"2015 has so far been an excellent year for the Greater Cincinnati industrial market. After registering more than 2 million square feet of positive net absorption in the first quarter, the area has now seen the largest lease transaction so far this year.","og_url":"https:\/\/www.commercialsearch.com\/news\/idi-gazeley-lease-is-2015-pacesetter-2\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2015-05-04T21:31:46+00:00","article_modified_time":"2020-05-19T10:39:26+00:00","og_image":[{"url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/04\/Park-North-4-Photo-10_14-WebAdmin.jpg","type":"","width":"","height":""}],"author":"Adrian Maties","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/idi-gazeley-lease-is-2015-pacesetter-2\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/idi-gazeley-lease-is-2015-pacesetter-2\/"},"author":{"name":"Adrian Maties","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/6dfc8d1c9006c9fd1c89d69133130109"},"headline":"IDI Gazeley Lease is 2015 Pacesetter","datePublished":"2015-05-04T21:31:46+00:00","dateModified":"2020-05-19T10:39:26+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/idi-gazeley-lease-is-2015-pacesetter-2\/"},"wordCount":162,"commentCount":0,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/idi-gazeley-lease-is-2015-pacesetter-2\/#primaryimage"},"thumbnailUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/04\/Park-North-4-Photo-10_14-WebAdmin.jpg","articleSection":["Cincinnati","News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/idi-gazeley-lease-is-2015-pacesetter-2\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/idi-gazeley-lease-is-2015-pacesetter-2\/","url":"https:\/\/www.commercialsearch.com\/news\/idi-gazeley-lease-is-2015-pacesetter-2\/","name":"IDI Gazeley Lease is 2015 Pacesetter - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/idi-gazeley-lease-is-2015-pacesetter-2\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/idi-gazeley-lease-is-2015-pacesetter-2\/#primaryimage"},"thumbnailUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/04\/Park-North-4-Photo-10_14-WebAdmin.jpg","datePublished":"2015-05-04T21:31:46+00:00","dateModified":"2020-05-19T10:39:26+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/6dfc8d1c9006c9fd1c89d69133130109"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/idi-gazeley-lease-is-2015-pacesetter-2\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/idi-gazeley-lease-is-2015-pacesetter-2\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/idi-gazeley-lease-is-2015-pacesetter-2\/#primaryimage","url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/04\/Park-North-4-Photo-10_14-WebAdmin.jpg","contentUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/04\/Park-North-4-Photo-10_14-WebAdmin.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/idi-gazeley-lease-is-2015-pacesetter-2\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"IDI Gazeley Lease is 2015 Pacesetter"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/6dfc8d1c9006c9fd1c89d69133130109","name":"Adrian Maties","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/5d44b73a0d511e855d0ea5f29d28e7d8527c86a0c6c0f67be8f2e9642a9d9e8d?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/5d44b73a0d511e855d0ea5f29d28e7d8527c86a0c6c0f67be8f2e9642a9d9e8d?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/5d44b73a0d511e855d0ea5f29d28e7d8527c86a0c6c0f67be8f2e9642a9d9e8d?s=96&d=mm&r=g","caption":"Adrian Maties"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/adrianmaties\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004118683","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/925"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004118683"}],"version-history":[{"count":2,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004118683\/revisions"}],"predecessor-version":[{"id":1004448439,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004118683\/revisions\/1004448439"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004118683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004118683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004118683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}