The Columbus metropolitan area ranked in the top 10 for industrial project completions since 2010 in a recent report by 42Floors, a commercial real estate listing service, Columbus Business First reports. Central Ohio’s industrial market is “red-hot,” according to the article, with several projects that broke ground in 2022 expected to “make significant progress in 2023.” DBT-Data, a real estate investment firm based in Washington, D.C., is constructing a $1 billion multi-building complex for “a confidential end user” at the New Albany International Business Park. Near that same business park, developers are building the $400 million Silicon Heartland Innovation Park that will include multiple buildings on 190 acres forming a technology and logistics park. Two spec buildings “measuring nearly 300,000 square feet and totaling $28 million in investment are under construction at Delaware’s Sawmill Pointe Business Park.” Winchester 527 will be a “more than 527,000-square-foot spec building” that will “feature 60 dock doors and 40-foot clear height” on more than 42 acres. The mixed-use, $275 million Alton Place in Hilliard will include 77 single-family homes, a city center “featuring shops, restaurants and other businesses,” walking and bike paths, and lakes, wetlands and grasslands. For more, read the full article (subscription may be required).
Several large-scale Central Ohio industrial projects to watch in 2023
