Adena Corporation has completed construction on Airport West, a 160,000-square-foot speculative manufacturing/warehouse facility situated on 15 acres in Mansfield, Ohio.
Located at the intersection of Bowman Street and Cairns Road, the facility features 32’ clear height, 17 docks, eight drive-in doors, a 36-space concrete parking lot and 1,400 square feet of office space. It is adjacent to Mansfield Lahm Regional Airport and a short drive to I-71, making it easily accessible to Columbus Cleveland and Chicago.
Weston Devore with CBRE in Columbus is handling the marketing and leasing of the project.
The Central Ohio industrial market registered 2.6 million square feet of positive net absorption during the second quarter of 2022, according to CBRE Research. Overall vacancy and modern bulk vacancy are down significantly year-over-year, to 1.8 percent and 2.1 percent, respectively. Leasing activity continues to outpace previous years, despite record-low vacancy and availability rates. The second quarter of 2022 recorded over 6.2 million square feet leased throughout the Central Ohio market.