Columbus Industrial Market Report – Q2 2015

Columbus Industrial Market Report – Q2 2015

The Columbus Industrial Market continues to perform well into the second quarter of 2015 with a positive net absorption of 294,635 square feet. The overall market vacancy rate declined to 5.6%, down 0.1% from the previous quarter. Asking rates have remained constant, hovering around $3.10 NNN per square foot.

The Columbus Industrial market is expanding with over 3 million square feet of warehouse space under construction. Notable projects range from 250,000 square feet up to over 1 million square feet and are primarily focused in the southwest, southeast, and east sub-markets.
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Baesman Group

Baesman Group

Rj BOLL Realty proudly represented Baesman Group on the purchase of a new auxiliary production facility at 3820 Zane Trace Drive, Columbus, OH 43228. Their new 98,500 square foot facility will allow Baesman to meet printing and fulfillment needs as the company continues to grow. More information about Baesman can be found at http://baesman.com/

Zane-Trace_Baesman.

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Four Strings Brewery

Four Strings Brewery

Congratulations to Dan Cochran and Four Strings Brewery on their expansion into a 25,000-square-foot building on N. Hague Ave. The building will house a new brewing system that can make 8,000 barrels of beer a year, more than triple the Four Strings’ current capacity at 985 W. 6th Ave. The 6th Ave. taproom will be used to make one-off and odd beers, which will also remain open for business.

Dan contacted Rj BOLL Realty to help him with his search for a new brewery location. Rj BOLL Realty was vital in every step of the process from site selection through final negotiations. We look forward to watching Four Strings continue to grow and remain an industry leader in Columbus’ expanding craft beer market.

http://www.dispatch.com/content/stories/business/2015/05/01/columbus-brewers-bigger-plant-part-of-taking-beers-statewide.html

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