Cengage recently renewed its lease at 10650 Toebben Drive in Independence, Ken., thanks in part to the efforts of CBRE. At 834,000 square feet, this represents one of the largest industrial lease renewals in the greater Cincinnati area.
The single-tenant building serves as Cengage’s primary distribution center and houses more than 60,000 square feet of office space.
The CBRE team of Rod MacEachen, Josh Niederhelman and Roddy MacEachen has completed six lease renewals of more than 2 million square feet in Northern Kentucky during the first six months of 2012, including this transaction.
CBRE represented the landlord in this transaction, a Boston-based private partnership. Colliers represented the tenant, Cengage Learning.
