Cushman & Wakefield represented a privately held ownership group in its sale of the Marion Industrial Center in Marion, Ohio, to Jaguar Transport.
The multimarket team representing ownership included Managing Director Whitney Kerr Jr.; Michael Flynn, Director of Cushman & Wakefield’s Rail Advisory Group; and Director Mike Hurd. Grant Tidemann, Vice President, J.P. Weigand Commercial, partnered with the Cushman & Wakefield team on the transaction.
Located at 3007 Harding Highway East, Marion Industrial Center includes more than 1.5 million square feet of warehouse and manufacturing space on 511 acres and 10 miles of private rail with a direct switch on to the CSX rail network.
The Marion Industrial Center has established third-party logistics, manufacturing, a massive laydown yard with unprecedented capacity, rail served auto ramp with storage for thousands of automobiles, rail car repair facility, multi-faceted transload capacity capable of loading and unloading multiple-unit trains simultaneously and a fully built out intermodal facility.
In addition to all of the existing facilities and robust rail capacity, the Marion Industrial Center has enough land to facilitate the immediate construction of millions of feet of new Class A warehouse space.
