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Chicago & Midwest  + Midwest  + Industrial  | 

Colliers Closes Sale of 55K-SF Ohio Industrial Facility

Colliers has completed the sale of a 54,672-square-foot multi-tenant industrial facility located at 14711 Industrial Parkway in Marysville, Ohio, within the Columbus metropolitan statistical area.

Colliers Industrial Capital Markets advisors Alex Cantu, Alex Davenport, Jeff Devine, Steve Disse, and Tyler Ziebel, in partnership with Jonathan Schuen of Colliers’ Columbus office, represented the seller, Pioneer Development, in the transaction. The buyer was a private local investor.

Delivered in 2024, the property is 100% leased to seven tenants averaging 7,810 square feet. The facility features 24’-26’ clear heights, six dock doors, eight drive-in doors, and a 120-foot truck court. The asset also benefits from a 10-year, 75% real estate tax abatement. Strategically located within Marysville’s 33 Smart Mobility Corridor, the property provides direct access to U.S. 33 and I-270, with connectivity to I-70 and I-71 supporting regional and national distribution.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.