{"id":1004691378,"date":"2023-11-23T01:00:41","date_gmt":"2023-11-23T09:00:41","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004691378"},"modified":"2023-11-24T07:07:44","modified_gmt":"2023-11-24T15:07:44","slug":"reich-brothers-strikes-ohio-sale-leaseback-deal","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/reich-brothers-strikes-ohio-sale-leaseback-deal\/","title":{"rendered":"Reich Brothers Strikes Ohio Sale-Leaseback Deal"},"content":{"rendered":"<div id=\"attachment_1004691382\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/11\/1435-Matzinger-Road-e1700566841545.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004691382\" data-attachment-id=\"1004691382\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/reich-brothers-strikes-ohio-sale-leaseback-deal\/picture1-12\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/11\/1435-Matzinger-Road-e1700566841545.jpg\" data-orig-size=\"532,399\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Reich Brothers&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;1435 Matzinger Rd Toledo, OH&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;Picture1&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"1435 Matzinger Road\" data-image-description=\"&lt;p&gt;The concrete tilt up cross dock facility was originally developed in 2000 for Stellantis. Image courtesy of Reich Brothers&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;The concrete tilt up cross dock facility was originally developed in 2000 for Stellantis. Image courtesy of Reich Brothers&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/11\/1435-Matzinger-Road-e1700566841545.jpg?w=532\" class=\"wp-image-1004691382 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/11\/1435-Matzinger-Road-e1700566841545.jpg?w=300\" alt=\"The concrete tilt up cross dock facility was originally developed in 2000 for Stellantis. Image courtesy of Reich Brothers\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/11\/1435-Matzinger-Road-e1700566841545.jpg 532w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/11\/1435-Matzinger-Road-e1700566841545.jpg?resize=300,225 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004691382\" class=\"wp-caption-text\">The concrete tilt-up, cross-dock facility in Toledo came online in 2000. <em>Image courtesy of Reich Brothers<\/em><\/p><\/div>\n<p><strong>Reich Brothers<\/strong> has purchased a 309,968-square-foot industrial facility in Toledo, Ohio, from <strong>Stellantis<\/strong>. The cross-dock property will be leased back for parts distribution<em>. <\/em><\/p>\n<p><strong>iBorrow <\/strong>provided a $12.7 million loan to finance the sale-leaseback of the warehouse and distribution property. The transaction marks Reich Brothers&#8217; first acquisition in the Toledo market.<\/p>\n<p>Built in 2000 for Stellantis to service a Jeep Wrangler and Gladiator assembly facility, the property features 32-foot clear heights, 102 truck docks, 50-foot by 50-foot column spacing, ESFR systems, more than 200 trailer spots and 292 car spaces.<\/p>\n<p>The concrete tilt-up facility located at 1435 Matzinger Road on 28.5 acres is off Interstate 75, which provides direct access to nearby metro Detroit, some 50 miles north, as well as other interstates in the area. The property is next to a DHL facility, as well as numerous other industrial buildings along Matzinger Road and Enterprise Boulevard.<\/p>\n<p>In terms of large transactions, Reich Brothers acquired the former 1.2 million-square-foot <a href=\"https:\/\/www.commercialsearch.com\/news\/reich-brothers-buys-industrial-campus-on-houston-ship-channel\/\">DHL Intermodal Campus in Baytown, Texas<\/a>, last year. The 67-acre property is in Cedar Port, the nation\u2019s largest rail- and barge-served industrial park.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Stellantis-occupied facility in Toledo totals 310,000 square feet.<\/p>\n","protected":false},"author":3014,"featured_media":1004691382,"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":[51928,47924],"class_list":["post-1004691378","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrial","category-investment","category-midwest","category-latest","tag-iborrow","tag-reich-brothers"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Reich Brothers Strikes Ohio Sale-Leaseback Deal - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Reich Brothers has purchased a 309,968-square-foot Stellantis-occupied warehouse and distribution facility in Toledo, Ohio.\" \/>\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\/reich-brothers-strikes-ohio-sale-leaseback-deal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Reich Brothers Strikes Ohio Sale-Leaseback Deal\" \/>\n<meta property=\"og:description\" content=\"Reich Brothers has purchased a 309,968-square-foot Stellantis-occupied warehouse and distribution facility in Toledo, Ohio.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/reich-brothers-strikes-ohio-sale-leaseback-deal\/\" \/>\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=\"2023-11-23T09:00:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-24T15:07:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/11\/1435-Matzinger-Road-e1700566841545.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"532\" \/>\n\t<meta property=\"og:image:height\" content=\"399\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Diana Firtea\" \/>\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\/reich-brothers-strikes-ohio-sale-leaseback-deal\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/reich-brothers-strikes-ohio-sale-leaseback-deal\/\",\"name\":\"Reich Brothers Strikes Ohio Sale-Leaseback Deal - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/reich-brothers-strikes-ohio-sale-leaseback-deal\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/reich-brothers-strikes-ohio-sale-leaseback-deal\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/11\/1435-Matzinger-Road-e1700566841545.jpg\",\"datePublished\":\"2023-11-23T09:00:41+00:00\",\"dateModified\":\"2023-11-24T15:07:44+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/a0c04b9de1387474e28c9ebdb0444e59\"},\"description\":\"Reich Brothers has purchased a 309,968-square-foot Stellantis-occupied warehouse and distribution facility in Toledo, Ohio.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/reich-brothers-strikes-ohio-sale-leaseback-deal\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/reich-brothers-strikes-ohio-sale-leaseback-deal\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/reich-brothers-strikes-ohio-sale-leaseback-deal\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/11\/1435-Matzinger-Road-e1700566841545.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/11\/1435-Matzinger-Road-e1700566841545.jpg\",\"width\":532,\"height\":399,\"caption\":\"The concrete tilt up cross dock facility was originally developed in 2000 for Stellantis. Image courtesy of Reich Brothers\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/reich-brothers-strikes-ohio-sale-leaseback-deal\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Reich Brothers Strikes Ohio Sale-Leaseback Deal\"}]},{\"@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\/a0c04b9de1387474e28c9ebdb0444e59\",\"name\":\"Diana Firtea\",\"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\/02\/DianaFirtea_AuthorPhoto.jpg?w=96\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/DianaFirtea_AuthorPhoto.jpg?w=96\",\"caption\":\"Diana Firtea\"},\"description\":\"Diana Firtea is an associate editor with Commercial Property Executive and Multi-Housing News. She has been with the company for almost four years and joined the CPE-MHN team in 2022. Diana writes stories on different topics, mainly focusing on the affordable, senior, office and retail markets. You can reach out to her at diana.firtea@cpe-mhn.com.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/diana-firtea\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Reich Brothers Strikes Ohio Sale-Leaseback Deal - Commercial Property Executive","description":"Reich Brothers has purchased a 309,968-square-foot Stellantis-occupied warehouse and distribution facility in Toledo, Ohio.","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\/reich-brothers-strikes-ohio-sale-leaseback-deal\/","og_locale":"en_US","og_type":"article","og_title":"Reich Brothers Strikes Ohio Sale-Leaseback Deal","og_description":"Reich Brothers has purchased a 309,968-square-foot Stellantis-occupied warehouse and distribution facility in Toledo, Ohio.","og_url":"https:\/\/www.commercialsearch.com\/news\/reich-brothers-strikes-ohio-sale-leaseback-deal\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2023-11-23T09:00:41+00:00","article_modified_time":"2023-11-24T15:07:44+00:00","og_image":[{"width":532,"height":399,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/11\/1435-Matzinger-Road-e1700566841545.jpg","type":"image\/jpeg"}],"author":"Diana Firtea","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\/reich-brothers-strikes-ohio-sale-leaseback-deal\/","url":"https:\/\/www.commercialsearch.com\/news\/reich-brothers-strikes-ohio-sale-leaseback-deal\/","name":"Reich Brothers Strikes Ohio Sale-Leaseback Deal - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/reich-brothers-strikes-ohio-sale-leaseback-deal\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/reich-brothers-strikes-ohio-sale-leaseback-deal\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/11\/1435-Matzinger-Road-e1700566841545.jpg","datePublished":"2023-11-23T09:00:41+00:00","dateModified":"2023-11-24T15:07:44+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/a0c04b9de1387474e28c9ebdb0444e59"},"description":"Reich Brothers has purchased a 309,968-square-foot Stellantis-occupied warehouse and distribution facility in Toledo, Ohio.","breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/reich-brothers-strikes-ohio-sale-leaseback-deal\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/reich-brothers-strikes-ohio-sale-leaseback-deal\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/reich-brothers-strikes-ohio-sale-leaseback-deal\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/11\/1435-Matzinger-Road-e1700566841545.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/11\/1435-Matzinger-Road-e1700566841545.jpg","width":532,"height":399,"caption":"The concrete tilt up cross dock facility was originally developed in 2000 for Stellantis. Image courtesy of Reich Brothers"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/reich-brothers-strikes-ohio-sale-leaseback-deal\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Reich Brothers Strikes Ohio Sale-Leaseback Deal"}]},{"@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\/a0c04b9de1387474e28c9ebdb0444e59","name":"Diana Firtea","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\/02\/DianaFirtea_AuthorPhoto.jpg?w=96","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/DianaFirtea_AuthorPhoto.jpg?w=96","caption":"Diana Firtea"},"description":"Diana Firtea is an associate editor with Commercial Property Executive and Multi-Housing News. She has been with the company for almost four years and joined the CPE-MHN team in 2022. Diana writes stories on different topics, mainly focusing on the affordable, senior, office and retail markets. You can reach out to her at diana.firtea@cpe-mhn.com.","url":"https:\/\/www.commercialsearch.com\/news\/author\/diana-firtea\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/11\/1435-Matzinger-Road-e1700566841545.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004691378","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\/3014"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004691378"}],"version-history":[{"count":6,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004691378\/revisions"}],"predecessor-version":[{"id":1004691750,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004691378\/revisions\/1004691750"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004691382"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004691378"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004691378"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004691378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}