Industrial Realty Group, LLC and PREP Funds acquired 5870 Poe Ave. in Dayton, Ohio.
The property will be redeveloped into Dayton Commerce Center, a high-utility industrial property designed for state-of-the-art manufacturing, modern logistics, and corporate operations. The project will add to ownership’s collective 7.2 million square feet owned in Southwest Ohio.
The 11.5-acre project was acquired by IRG and PREP Funds to establish a premier industrial project in the greater Dayton industrial market. The development team is executing renovation plans across the 160,000-square-foot complex, and ownership is actively marketing the space for lease to secure tenants for the site’s next chapter.
The property is comprised of a 155,000-square-foot main building with 40,000 square feet of modernized office space and features 6 docks, 4 drive-ins, and heavy-crane infrastructure rated up to 15 tons. It also includes a standalone 5,000-square-foot building featuring a 15-ton crane, a drive-in door, and +/- 1,000 square feet of dedicated office space. Both structures offer 18-foot clear ceiling heights, robust 3-phase/480V power systems, and flexible OSI-2 zoning that supports advanced manufacturing, warehousing, freight handling, and research laboratories.
Dayton Commerce Center provides immense geographic and operational benefits to regional supply chains. The site sits in an unmatched logistical corridor right on Interstate 75, 2 miles from Interstate 70, and 7 miles from Dayton International Airport, maximizing efficiency and connectivity.
Construction upgrades are slated to begin immediately as IRG and PREP Funds prepare the property for new occupants. The ownership team will offer customized buildout packages, loading, and tailored office layouts.
