CBRE: Phase I Construction Completed on Rickenbacker Industrial Center in Columbus, Ohio

CBRE has announced the completion of a 1.06 million-square-foot industrial warehouse on 60 acres in Columbus. The construction of the facility was phase I of the multi-building, master-planned, 3.67 million-square-foot Rickenbacker Industrial Center, on 230 acres, which is being developed by Trident Capital Group and The O’Connor Group.

The warehouse is located at the intersection of Rohr Road and Lockbourne Road and features 40’ clear height, 104 docks, four drive-in doors, a 347-space parking lot and 9,827 square feet of total office space (two different office suites). The property is located in an opportunity zone in the Rickenbacker submarket proximate to I-270 and US-23, providing strategic access to Rickenbacker International Airport and Norfolk Southern Intermodal Yard.

CBRE’s Jeff Lyons and Michael Mullady are responsible for the marketing and leasing of the property.

“The Rickenbacker Industrial Center is front and center to all things logistics and distribution for the Columbus market,” said Lyons. “It’s located a stone’s throw to Rickenbacker International Airport, one of the largest dedicated cargo airports in the country, Norfolk Southern Intermodal Yard and I-70, making the park one of the preeminent industrial locations within the region. With the ability to attract all sizes of users for spec and build-to-suit needs, the property is well suited to be the home for users looking to expand into the Central Ohio region.”

According to CBRE Research, Columbus recorded 1.01 million square feet of leasing activity in Q1 2023, leading to 2.2 million square feet of year-to-date net absorption, kicking the year off with another quarter of positive absorption. The Columbus industrial market region is also within a one-day drive of 151 million people, providing access to 46% of the U.S. population and 48% of all U.S. headquarter operations.