Viking Partners Acquires Industrial Facility In Trotwood, Ohio From Stratacache, Inc. For $18M

An industrial distribution facility located at 1 Modern Way in Trotwood, Ohio, has been sold for $18,000,000. The asset spans 380,000 square feet, translating to a price per square foot of $47. This property, constructed in 2008, is strategically situated near Dayton International Airport, providing strong logistics access to major highways I-75 and I-70, as well as rail service and dock infrastructure.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $18,000,000
• Square Footage: 380,000
• Address: 1 Modern Way
• Market: Trotwood, OH
• Buyer: Viking Partners
• Seller: Stratacache, Inc.
• Brokers: Will Roberts, Steve Timmel & Doug Whitten - CBRE
• Price per Square Foot: $47

CBRE facilitated the sale, helping Viking Partners acquire the property from Stratacache, Inc. The deal underscores the representation by brokers Will Roberts, Steve Timmel & Doug Whitten who played a significant role in executing the transaction.