TradeLane Properties Acquires 303,160 Square Foot Class A Multi-Tenant Facility in Erlanger, KY
West Chester, OH –TradeLane Properties, a privately held Industrial Real Estate company, has purchased 400 Kenton Lands Road, a multi-tenant industrial building totaling 303,160 square feet adjacent to Cincinnati/Northern Kentucky International Airport in Erlanger, KY.
Constructed in 2020, this free-standing industrial building is situated on 24.85 acres and features 36 dock-high doors (expandable), 2 drive-in-door’s, 32’ clear height, 2,000 amps of power, 135’ truck court depth, ESFR, 221 auto stalls (expandable) and 28 trailer stalls (future).
Purchased within the TradeLane Properties U.S. Industrial Fund II, a value-add investment fund focused on key Central U.S. logistics markets, this investment was 100% occupied at the time of closing with near term lease expirations.
The acquisition of TLP 400 Kenton Lands is consistent with TradeLane Properties’ strategy of investing in select major Central U.S. logistics markets with the opportunity to add value through dedicated in-house capabilities including Leasing, Accounting, Construction, Development, and Property Management teams.
TradeLane Properties would like to thank Mike Tenteris with Cushman & Wakefield ad Franklin Law Firm, PLLC for their assistance in this transaction.
About TradeLane Properties
TradeLane Properties is a privately held industrial real estate company committed to harnessing its founders’ expertise in acquiring, developing, redeveloping, and operating industrial real estate facilities focused on the Central U.S. markets of Chicago, Cincinnati, Columbus, Indianapolis, Louisville, Atlanta, and Dallas-Fort Worth. For more information, visit www.tradelaneproperties.com or call Kari Lavezzi at (630) 320-5501.