EQT Exeter Acquires Red Chip Farms Building B In Pataskala Ohio For $89M

The property asset involved in this transaction is the Red Chip Farms Building B, which is located at 7409 Mink Street Southwest in Pataskala, Ohio. It comprises 946,400 square feet and is situated on 83 acres. The facility features a Class A design with 40-foot ceilings and 48 dock levelers, in addition to ample trailer parking. The sale was finalized for a total price of $89,000,000.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $89,000,000
• Buyer: EQT Exeter
• Seller: Red Rock Developments
• Brokers: Alex Cantu & Alex Davenport - Colliers
• Square Footage: 946,400
• Price Per Square Foot: $94
• Market: Pataskala, OH
• Acreage: 83

The deal was brokered by Alex Cantu and Alex Davenport from Colliers, who represented the buyer, EQT Exeter, and the seller, Red Rock Developments. The property was completed in 2024 and is fully leased to Illuminate USA.