{"id":1004671334,"date":"2023-07-10T01:48:41","date_gmt":"2023-07-10T09:48:41","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004671334"},"modified":"2023-07-10T01:59:27","modified_gmt":"2023-07-10T09:59:27","slug":"industrial-realty-acquires-ohio-manufacturing-property","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/industrial-realty-acquires-ohio-manufacturing-property\/","title":{"rendered":"Industrial Realty Acquires Ohio Manufacturing Property"},"content":{"rendered":"
\"1030<\/a>

1030 W. Alex Bell Road. Image courtesy of Industrial Realty Group<\/em><\/p><\/div>\n

Industrial Realty Group<\/strong> has grown its presence in the Dayton, Ohio, market with the acquisition of a 662,000-square-foot manufacturing property in West Carrollton. The seller was Appvion<\/strong>, according to public records. Cushman & Wakefield<\/strong>\u2019s Michael Guagenti represented IRG in the transaction, while Marcus & Millichap<\/strong>\u2019s Ryan Williams and Ben Tashakorian negotiated on behalf of the seller.<\/p>\n

The industrial building features 21 docks, six drive-in doors, 196 parking spaces and varying column spacing. Located immediately off Interstate 75 at 1030 W. Alex Bell Road, in between Indianapolis, Cincinnati and Columbus, Ohio, the facility has freeway visibility and rail access.<\/p>\n

Domtar, the property’s tenant since 2020, will continue to occupy the majority of the building under a long-term lease. The facility still has 150,000 square feet of available space, as well as 25 acres of developable land that can accommodate customizable, build-to-suit options.<\/p>\n

Beyond its latest acquisition, IRG already had a significant presence in the Dayton market and throughout the state. Most notably, the firm is in the process of redeveloping the former GM facility in Moraine, Ohio, after purchasing it in 2011. IRG also acquired five Gannett Co. printing facilities<\/a>, two of which being located in Columbus and Wooster, Ohio.<\/p>\n

IRG\u2019s portfolio now includes more than 150 properties in 31 states, totaling more than 100 million square feet of rentable space. The firm recently broke ground on a 50-acre development<\/a> with industrial and office space in New Orleans.<\/p>\n","protected":false},"excerpt":{"rendered":"

Domtar will continue to occupy the majority of the building under a long-term lease.<\/p>\n","protected":false},"author":883,"featured_media":1004671342,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21748,21783,13,21742],"tags":[38622],"class_list":["post-1004671334","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrial","category-investment","category-midwest","category-latest","tag-industrial-realty-group"],"acf":[],"yoast_head":"\nIndustrial Realty Acquires Ohio Manufacturing Property - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Industrial Realty Group has acquired a 662,000-square-foot manufacturing property in West Carrollton, Ohio, from Appvion.\" \/>\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\/industrial-realty-acquires-ohio-manufacturing-property\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Industrial Realty Acquires Ohio Manufacturing Property\" \/>\n<meta property=\"og:description\" content=\"Industrial Realty Group has acquired a 662,000-square-foot manufacturing property in West Carrollton, Ohio, from Appvion.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/industrial-realty-acquires-ohio-manufacturing-property\/\" \/>\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=\"2023-07-10T09:48:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-10T09:59:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/1030-W.-Alex-Bell-Road.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jackson Chen\" \/>\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\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/industrial-realty-acquires-ohio-manufacturing-property\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/industrial-realty-acquires-ohio-manufacturing-property\/\",\"name\":\"Industrial Realty Acquires Ohio Manufacturing Property - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/industrial-realty-acquires-ohio-manufacturing-property\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/industrial-realty-acquires-ohio-manufacturing-property\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/1030-W.-Alex-Bell-Road.jpg\",\"datePublished\":\"2023-07-10T09:48:41+00:00\",\"dateModified\":\"2023-07-10T09:59:27+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/8d4607aca26f3427c49fe54ddc82ddf1\"},\"description\":\"Industrial Realty Group has acquired a 662,000-square-foot manufacturing property in West Carrollton, Ohio, from Appvion.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/industrial-realty-acquires-ohio-manufacturing-property\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/industrial-realty-acquires-ohio-manufacturing-property\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/industrial-realty-acquires-ohio-manufacturing-property\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/1030-W.-Alex-Bell-Road.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/1030-W.-Alex-Bell-Road.jpg\",\"width\":1200,\"height\":900,\"caption\":\"1030 W. Alex Bell Road\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/industrial-realty-acquires-ohio-manufacturing-property\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Industrial Realty Acquires Ohio Manufacturing Property\"}]},{\"@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\/8d4607aca26f3427c49fe54ddc82ddf1\",\"name\":\"Jackson Chen\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/jchenheadshot.png?w=96\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/jchenheadshot.png?w=96\",\"caption\":\"Jackson Chen\"},\"description\":\"Jackson Chen is a Connecticut-based freelance writer who has reported on real estate for more than five years. He cut his teeth with real estate journalism when he previously wrote for Real Estate Weekly, the longest-running real estate publication in New York City. He has been writing for Multi-Housing News since late 2019.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/jackson-chen\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Industrial Realty Acquires Ohio Manufacturing Property - Commercial Property Executive","description":"Industrial Realty Group has acquired a 662,000-square-foot manufacturing property in West Carrollton, Ohio, from Appvion.","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\/industrial-realty-acquires-ohio-manufacturing-property\/","og_locale":"en_US","og_type":"article","og_title":"Industrial Realty Acquires Ohio Manufacturing Property","og_description":"Industrial Realty Group has acquired a 662,000-square-foot manufacturing property in West Carrollton, Ohio, from Appvion.","og_url":"https:\/\/www.commercialsearch.com\/news\/industrial-realty-acquires-ohio-manufacturing-property\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2023-07-10T09:48:41+00:00","article_modified_time":"2023-07-10T09:59:27+00:00","og_image":[{"width":1200,"height":900,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/1030-W.-Alex-Bell-Road.jpg","type":"image\/jpeg"}],"author":"Jackson Chen","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/industrial-realty-acquires-ohio-manufacturing-property\/","url":"https:\/\/www.commercialsearch.com\/news\/industrial-realty-acquires-ohio-manufacturing-property\/","name":"Industrial Realty Acquires Ohio Manufacturing Property - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/industrial-realty-acquires-ohio-manufacturing-property\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/industrial-realty-acquires-ohio-manufacturing-property\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/1030-W.-Alex-Bell-Road.jpg","datePublished":"2023-07-10T09:48:41+00:00","dateModified":"2023-07-10T09:59:27+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/8d4607aca26f3427c49fe54ddc82ddf1"},"description":"Industrial Realty Group has acquired a 662,000-square-foot manufacturing property in West Carrollton, Ohio, from Appvion.","breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/industrial-realty-acquires-ohio-manufacturing-property\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/industrial-realty-acquires-ohio-manufacturing-property\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/industrial-realty-acquires-ohio-manufacturing-property\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/1030-W.-Alex-Bell-Road.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/1030-W.-Alex-Bell-Road.jpg","width":1200,"height":900,"caption":"1030 W. Alex Bell Road"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/industrial-realty-acquires-ohio-manufacturing-property\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Industrial Realty Acquires Ohio Manufacturing Property"}]},{"@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\/8d4607aca26f3427c49fe54ddc82ddf1","name":"Jackson Chen","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/jchenheadshot.png?w=96","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/jchenheadshot.png?w=96","caption":"Jackson Chen"},"description":"Jackson Chen is a Connecticut-based freelance writer who has reported on real estate for more than five years. He cut his teeth with real estate journalism when he previously wrote for Real Estate Weekly, the longest-running real estate publication in New York City. He has been writing for Multi-Housing News since late 2019.","url":"https:\/\/www.commercialsearch.com\/news\/author\/jackson-chen\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/1030-W.-Alex-Bell-Road.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004671334","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\/883"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004671334"}],"version-history":[{"count":10,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004671334\/revisions"}],"predecessor-version":[{"id":1004671365,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004671334\/revisions\/1004671365"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004671342"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004671334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004671334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004671334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}