Stonemont signed a 338,509-square-foot lease at Castings Commerce Park in the South Side district of Columbus, Ohio.
The deal brings the three-building, 862,000-square-foot development to 96% leased, with Building 1 now fully occupied.
Ideally located minutes from downtown Columbus, Castings Commerce Park offers prime access to highways, railways and an abundant labor pool in one of Ohio’s highest-growth markets. The Class A facility features 32’ to 40’ clear heights and ample parking for cars and trucks. Additional tenant signings at the property include a 260,640-square-foot lease with a national contractor, a 149,000-square-foot lease with a convenience retail distributor, a 31,437-square-foot lease with a last mile logistics company and a 52,000-square-foot lease with a national third party logistics provider.
The KBC Advisors team of Joe Kimener and Beau Taggart represented Stonemont and the confidential undisclosed tenant in the transaction, respectively.
Stonemont has invested heavily in Ohio over the past few years, developing more than 3.5 million square feet of industrial space across the state. The firm currently owns the 1,021,440-square-foot Turnpike Commerce Center in Shalersville and the 450,112-square-foot Westfield Commerce Center in Westfield Township.
