Boyd Watterson Asset Management Acquires Industrial Facility From Prologis In Columbus For $49M

The property asset involved in this transaction is an industrial facility located at 9560 Heartland Court in Columbus, Ohio, encompassing 24 acres. It was sold for a total amount of $49,000,000 and has a total square footage of 350,000, translating to a price per square foot of $140.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $49,000,000
• Buyer: Boyd Watterson Asset Management
• Seller: Prologis
• Square Footage: 350,000
• Price Per Square Foot: $140
• Market: Columbus, OH
• Acres: 24

Prologis sold the industrial facility fully leased to Cardinal Health, which operates the site as its centralized replenishment center for over-the-counter medications. This facility is also noted for being LEED Silver-certified.