Colliers completed the sale of a 54,672-square-foot Class-A multi-tenant industrial facility at 14711 Industrial Parkway in Marysville, Ohio, within the Columbus metropolitan statistical area.
Colliers Industrial Capital Markets advisors Alex Cantu, Alex Davenport, Jeff Devine, Steve Disse, and Tyler Ziebel, in partnership with Jonathan Schuen of Colliers’ Columbus office, represented the seller, Pioneer Development, in the transaction. The buyer was a private local investor.
Delivered in 2024, the property is 100% leased to seven tenants averaging 7,810 square feet. The facility features 24’-26’ clear heights, six dock doors, eight drive-in doors, and a 120-foot truck court. The property is zoned M/I (Manufacturing/Innovation District), accommodating a diverse range of light industrial and logistics users. The asset also benefits from a 10-year, 75% real estate tax abatement.
Strategically located within Marysville’s 33 Smart Mobility Corridor, the property provides direct access to U.S. 33 and I-270, with connectivity to I-70 and I-71 supporting regional and national distribution. The Columbus region is within a 10-hour drive of nearly half of the U.S. population, reinforcing its role as a key Midwest logistics hub.
The transaction reflects continued investor demand for newly constructed, fully leased industrial assets within established Midwest logistics corridors.
