{"id":1004142030,"date":"2016-04-18T05:44:30","date_gmt":"2016-04-18T13:44:30","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004142030"},"modified":"2020-04-21T00:53:15","modified_gmt":"2020-04-21T08:53:15","slug":"dalfen-increases-ohio-presence-with-acquisition-of-23-building-industrial-portfolio","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/dalfen-increases-ohio-presence-with-acquisition-of-23-building-industrial-portfolio\/","title":{"rendered":"Dalfen Increases Ohio Presence with Acquisition of 23-Building Industrial Portfolio"},"content":{"rendered":"<p><em>By Anca Gagiuc, Associate Editor<\/em><\/p>\n<div id=\"attachment_1004142032\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/04\/Ohio-Portfolio.jpg\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004142032\" data-attachment-id=\"1004142032\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/dalfen-increases-ohio-presence-with-acquisition-of-23-building-industrial-portfolio\/ohio-portfolio\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/04\/Ohio-Portfolio.jpg\" data-orig-size=\"624,375\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Ohio Portfolio\" data-image-description=\"&lt;p&gt;Ohio Portfolio&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Ohio Portfolio&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/04\/Ohio-Portfolio.jpg?w=624\" class=\"wp-image-1004142032 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/04\/Ohio-Portfolio.jpg\" alt=\"Ohio Portfolio\" width=\"300\" height=\"180\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/04\/Ohio-Portfolio.jpg 624w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/04\/Ohio-Portfolio.jpg?resize=300,180 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004142032\" class=\"wp-caption-text\"><em>Ohio Portfolio<\/em><\/p><\/div>\n<p><strong>Cincinnati<\/strong>\u2014<a href=\"https:\/\/www.dalfen.com\/\" target=\"_blank\" rel=\"nofollow\">Dalfen America Corp.<\/a> of Dallas announced it has acquired\u00a0an industrial real estate portfolio comprised of 23 buildings located in the Cincinnati, Columbus and Cleveland metropolitan markets. The financial terms of the transaction were not disclosed.<\/p>\n<p>Michael Caprile and Ted Staszak of <a href=\"https:\/\/www.cbre.us\/o\/chicago\/Pages\/chicago-commercial-real-estate.aspx\" target=\"_blank\" rel=\"nofollow\">CBRE\u2019s Chicago<\/a> office represented the seller in the transaction. The Ohio light <a href=\"https:\/\/www.commercialsearch.com\/news\/industrial\/\" target=\"_blank\">industrial portfolio<\/a> encompasses 2,077,743 square feet and includes 6.5 acres of land for future development. At the time of the sale, the portfolio was 94 percent leased to a roster of tenants including Home Depot, T-Mobile US Inc., Bosch Auto Part, The Nexio Group Inc. and The Black and Decker Corp.<\/p>\n<p>&#8220;These light industrial buildings are located in markets with strong fundamentals and some of the highest year over year rental growth in the country,&#8221; said\u00a0Sean Dalfen, president &amp; chief information officer\u00a0of Dalfen America Corp.<\/p>\n<p>The transaction marks the latest acquisition by Dalfen\u2019s Core-Plus Industrial Fund, Ashrei III.<\/p>\n<p>&#8220;The evolution of e-commerce has made it increasingly important for companies to have fulfillment facilities in infill metro locations in order to expedite delivery of goods to consumers. These properties are ideally tailored to serve that demand and the acquisition of these properties further strengthens our Midwest presence,&#8221; continued Dalfen. He added, &#8220;We continue to grow our national industrial portfolio by building a strategic presence in key target markets across the country.&#8221;<\/p>\n<p><em>Image courtesy of Dalfen America Corp.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dalfen America Corp. added more than 2 million square feet of space to its industrial portfolio.<\/p>\n","protected":false},"author":237,"featured_media":1004142032,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1583,1584,21743,21748,21783,13,21742],"tags":[],"class_list":["post-1004142030","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cincinnati","category-cleveland","category-deals","category-industrial","category-investment","category-midwest","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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