i3 Investors acquired Union Circle Commerce Center, a 142,000-square-foot industrial property consisting of two buildings in Cincinnati’s northern industrial submarket.
This acquisition marks a significant step in the company’s Midwest expansion strategy. i3 Investors now owns and operates a dozen properties in the Cincinnati market.
i3 Investors will reposition the property by enhancing the aesthetic appeal, reconfiguring the interior of several suites, and improving functionality by increasing loading capacity. These upgrades will broaden the building’s appeal and increase the property’s value.
The transaction was facilitated by Keith Yearout of Newmark, whose expertise was essential to finalizing the deal.
David Ross of District Capital secured project financing from Ameritas on behalf of i3 Investors.
