VanTrust Real Estate, LLC has purchased a 60-acre vacant parcel located at Rohr Road in Groveport, Ohio. Developers at VanTrust will build a 717,717-square-foot bulk warehouse project on the newly purchased land.
This will be the largest spec building developed in Columbus since the economic downturn.
“Over the past two years, VanTrust has been making strategic land acquisitions in key distribution markets across the nation. The purchase of this site and the start of a speculative building highlights the strength of the logistics industry in Central Ohio,” said Andy Weeks, president and general manager of VanTrust, Columbus, in a written statement.”
Mike Hurd of Cassidy Turley represented the seller in the land transaction. Rick Trott and Kevin McGrath of CBRE will list the spec building upon the start of construction. The building is being built by Pepper Construction. The architect is RED Architecture.
