DWG Capital Partners acquired a 75,906-square-foot, single-story industrial facility in Columbus, Ohio, completing a sale leaseback with Buckeye Shapeform, a manufacturer whose specialties include custom fabrication of metal and plastic instrument enclosures, instrumentation knobs and novelty cans, as well as precision deep draw metal.
Situated on a 3.18-acre site, 555 Marion Road features three dock doors and 12′-25′ clear ceiling heights.
Buckeye Shapeform products are used in applications across various industries including military, oil/gas, solar, telecom and medical. The company will continue to occupy the property under a long-term NNN lease. Phil DiGennaro and Dorothy Lee with STREAM Capital Partners represented the seller.
“Buckeye Shapeform embodies the type of essential bread and butter American business DWG Capital Partners loves to support,” said Judd Dunning, president of DWG. “With hard-working roots dating back to 1902, the company has grown to become a leader in the custom fabrication sector and this transaction will provide an equity infusion as it continues to build on that success.”
Situated on an urban infill site directly off Route 104, 555 Marion Road is located in a pivotal logistical hub within a one-day drive of 48% of the country’s corporate headquarters. Among the fastest growing cities in the U.S., Columbus, which recently ranked as one of America’s top growth markets, is home to 16 Fortune 1000 companies, five Fortune 500 companies, well-known brands and major corporations including Wells Fargo, Intel, Honda and Google, which just announced a $2.3 billion investment in the region.
