Colliers Facilitates Sale of 257K-SF Industrial Property in Ohio

Colliers has facilitated the sale of 2039 Pittsburgh Drive, a 257,120-square-foot industrial distribution facility in Delaware, Ohio.

Colliers Industrial Capital Markets advisors Alex Cantu, Alex Davenport, Jeff Devine, Steve Disse and Tyler Ziebel facilitated the sale of the property from The Camber Company to SR Realty Trust, a diversified private REIT based in Minneapolis.

“Delaware’s position north of Columbus provides industrial users access to the region’s transportation network while placing the property within the growing northern portion of the metro,” said Davenport. “Investor demand remains focused on modern, fully occupied industrial assets in growth markets with durable tenant fundamentals.”

Situated on 19.88 acres, 13 miles north of I-270 in the Columbus MSA, the property is fully occupied by two established global manufacturers, Luvata and Vertiv. Developed by The Camber Company in 2024, the building features 32-foot clear heights, 24 dock doors, two drive-in doors, 50-foot-by-52-foot column spacing, heavy power capacity and 179 surface parking spaces.

Inside The Story

Colliers

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.

Order Reprints