Saxum Real Estate Acquires Industrial Facility In Columbus For $70 Million

The industrial property located at 5303 Fisher Road in Columbus, OH features a cold storage and dry warehouse facility covering 465,256 square feet, situated on a 21.6-acre site. It was acquired for a sale price of $70 million, translating to a price per square foot of $150. The facility is fully leased to Mars Petcare, serving as a mission-critical extension of its adjacent manufacturing operations.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $70,000,000
• Buyer: Anthony Rinaldi & Sean Gilbert
• Buyer's Agency: Saxum Real Estate
• Seller: 5303 Fisher Road Owner LLC
• Square Footage: 465,256
• Price per Square Foot: $150
• Acres: 21.6

Anthony Rinaldi and Sean Gilbert represented Saxum Real Estate in the acquisition of this industrial asset. The property's strategic location and key tenant, Mars Petcare, highlight its significance in the logistics network for the company.