Bayside Communities Acquires Industrial Facility In Cincinnati For $13.9M

The industrial property at 10975 Medallion Drive in Cincinnati, Ohio, was sold for $13,900,000. The facility spans 195,700 square feet and was acquired by Bayside Communities from the seller, Chris Rammel of Heidelberg Distributing Co., a significant distributor serving numerous retail and industry establishments across Ohio and Kentucky.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $13,900,000
• Buyer: Bayside Communities
• Seller: Chris Rammel - Heidelberg Distributing Co.
• Square Footage: 195,700
• Price per Square Foot: $71
• Address: 10975 Medallion Drive, Cincinnati, Ohio
• Market: Cincinnati, Ohio

Bayside Communities, the buyer, completed the acquisition of the industrial property from Heidelberg Distributing Co., represented by seller Chris Rammel. This transaction marks a significant real estate deal involving a reputable distributor in the Ohio and Kentucky area.