{"id":1004389889,"date":"2020-02-12T00:10:19","date_gmt":"2020-02-12T08:10:19","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004389889"},"modified":"2025-02-27T21:48:18","modified_gmt":"2025-02-28T05:48:18","slug":"nai-hiffman-arranges-17m-industrial-sale-in-cincinnati","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/nai-hiffman-arranges-17m-industrial-sale-in-cincinnati\/","title":{"rendered":"NAI Hiffman Arranges $17M Industrial Sale in Cincinnati"},"content":{"rendered":"<div id=\"attachment_1004389901\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/02\/8200-Broadwell-Road.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004389901\" data-attachment-id=\"1004389901\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/nai-hiffman-arranges-17m-industrial-sale-in-cincinnati\/8200-broadwell-road\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/02\/8200-Broadwell-Road.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" 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;1&quot;}\" data-image-title=\"8200 Broadwell Road\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;8200 Broadwell Road. Image courtesy of NAI Hiffman&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/02\/8200-Broadwell-Road.jpg?w=800\" class=\"wp-image-1004389901 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/02\/8200-Broadwell-Road.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/02\/8200-Broadwell-Road.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/02\/8200-Broadwell-Road.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/02\/8200-Broadwell-Road.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004389901\" class=\"wp-caption-text\">8200 Broadwell Road. <em>Image courtesy of NAI Hiffman<\/em><\/p><\/div>\n<p>NAI Hiffman has represented Leasco Management in the sale of a 479,598-square-foot aerosol can manufacturing facility in Cincinnati. The industrial asset sold for $16.7 million to a private buyer from Southern California.<\/p>\n<p>The team of brokers that marketed the property was composed of Executive Vice President Pat Sullivan and Vice President Ryan Chambers as well as Newmark Knight Frank\u2019s Executive Managing Director Si Pitstick.&nbsp;<\/p>\n<p>The property is located at 8200 Broadwell Road, close to Interstate 275. BWAY Corp. or its predecessors have been the only tenant at the building since 1965, having more than nine years left on its absolute triple-net lease.&nbsp;The property is&nbsp;BWAY Corp.&#8217;s second-largest aerosol can manufacturing facility in the U.S.&nbsp;The nearby area hosts the facilities of several companies such as Carlin Group, Senco, Lawnlines and Steel It.<\/p>\n<p>In December 2019, NAI Hiffman brokered the sale of a&nbsp;<a href=\"https:\/\/www.commercialsearch.com\/news\/west-chicago-industrial-asset-changes-hands\/\">128,000-square-foot industrial asset<\/a> in Chicago. The brokerage also procured the buyer,&nbsp;Clear Height Properties.<\/p>\n<p><em>If you\u2019d like to be featured in Brokers\u2019 Corner, simply fill in <strong><a href=\"https:\/\/www.surveymonkey.com\/r\/BrokersCorner\" target=\"_blank\" rel=\"noopener\">our short form<\/a><\/strong> or send your deal to <a href=\"mailto:deals@cpe-mhn.com\"><strong>deals@cpe-mhn.com<\/strong><\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The team marketed the aerosol can manufacturing facility on behalf of the owner, Leasco Management. <\/p>\n","protected":false},"author":30,"featured_media":1004365520,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1583,21743,21748,21783,13,21742],"tags":[33414,36007,36443],"class_list":["post-1004389889","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cincinnati","category-deals","category-industrial","category-investment","category-midwest","category-latest","tag-nai-hiffman","tag-newmark-knight-frank","tag-pat-sullivan"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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