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OhioIndustrial

CBRE closes sale of 94,000-square-foot R&D facility in Warren

October 13, 2025
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Photo courtesy of CBRE.

CBRE arranged the sale of a 94,000-square-foot industrial research and development (R&D) facility in Warren, Ohio. PG WARREN INDUSTRIAL LLC purchased the property from Industrial Commercial Properties for $9.4 million.

CBRE’s Steve Timmel, Will Roberts and George Stevens represented the seller in the transaction.

The building is located at 4551 Research Parkway, proximate to the interchange of State Routes 82 and 45. Built in 1998 and renovated in 2014, the property features 22-foot clear heights, 10 drive-in doors, and a reinforced concrete foundation on an 11.85-acre site.

The property was 100% occupied by Aptiv at the time of the sale and is part of the company’s broader Warren campus.

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