Colliers completed the sale of Eastgate Logistics Center, a 292,594-square-foot industrial property at 1804–1808 Deffenbaugh Court in Gahanna, Ohio, within the East submarket in Columbus.
Colliers Industrial Capital Markets advisors Alex Cantu, Alex Davenport, Jeff Devine, Steve Disse and Tyler Ziebel, in partnership with local market advisors Joel Yakovac, Shane Woloshan and Michael Linder, represented the seller, a venture between Scannell Properties, a privately held real estate development and investment firm with an established track record of industrial development throughout North America, and Manulife Investment Management, a company of Manulife Wealth & Asset Management.
Eastgate Logistics Center is a fully leased, two-tenant industrial facility occupied by Wesco and Nuvik USA. The property features 32-foot clear heights, 30 dock doors, and a functional design that supports a range of distribution users. Located less than 10 minutes from Interstate 270 with direct access to Interstates 70 and 71, the asset benefits from an infill location within Columbus’ East submarket near John Glenn Columbus International Airport and the Intel semiconductor manufacturing campus.
The property was acquired by Dogwood Industrial Properties, a TPG Real Estate platform focused on acquiring, owning and operating infill, multi-tenant industrial assets in strategic growth markets.