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Clear Height, MLG Capital Execute 290K SF Industrial Lease in Ohio
A joint venture partnership between Oak Brook, Illinois-based real estate investor Clear Height Properties and Brookfield, Wisconsin-based MLG Capital has leased a 290,573 square-foot single-tenant building located at 1675 Watkins Road in Columbus, Ohio.
Clear Height was represented by the JLL Columbus team of Nick Tomasone, Joe Davis, and Josh Weithman. Mike Semon of NAI Ohio Equities represented the tenant. The lease was executed by a mechanical contracting services provider for large-scale construction projects.
1675 Watkins is located on the southeast side of Columbus, within the Watkins Road Industrial Park, adjacent to Norfolk Southern Discovery intermodal yard, and near Rickenbacker Air Cargo Airport.
“After successfully executing our capital improvements plan, we are excited to lease this asset to a well-established business headquartered in Ohio whose interest in the long-term outlook of the building is aligned with ours,” said Joe Young, Clear Height’s managing director of asset management.