Blue Ash Infill Portfolio

Blue Ash Infill Portfolio is a 348,754 square foot industrial flex portfolio consisting of six buildings in Cornell Park and four buildings in Corporate Woods. The parks are strategically located directly west of the I-71 and I-275 interchange in the Northeast submarket of suburban Cincinnati. The portfolio is currently 91% leased to 50 tenants with a WALT of 2.64 years producing durable cash flow through a mix of staggered lease expirations and credit.

The buildings have varying finish levels and feature private exterior tenant entrances, clear-heights between 14 and 18 feet, drive-in loading and full-sized truck loading docks. These unique features support flexible  space usages such as warehouse, traditional office, medical, distribution, data and retail showrooms. It is a highly diverse offering in an unmatched location that has allowed the portfolio to thrive, producing an average tenant historical occupancy of 8.7 years.

This offering presents an exceptional opportunity to acquire two, infill flex parks with significant appeal through its immediate access to major interstates, diverse tenant spaces, proximity to a major health system and a deep labor pool in a highly desirable market suburb driving decision market location selection. The buyer of this portfolio will benefit from long term quality cash flow as well as significant upside in leasing the last highly attractive vacancy in the project.