HomeReal Estate & DevelopmentLogistics company signs 10-year lease for Dayton facility

Logistics company signs 10-year lease for Dayton facility

One Stop Logistics LLC has leased a 369,000-square-foot facility in Dayton, according to real estate services firm JLL.

The logistics company signed a 10-year lease for the warehouse and distribution center at 83 Stults Road, owned by Accordia Realty Ventures LLC and EverWest Real Estate Investors LLC, JLL said in a news release.

JLL’s Brian Golden, executive vice president, represented the owners, working with Accordia’s Joe Romano, principal, and EverWest’s Krystal Arceneaux, head of asset management. Brian DiPinto, a director of the Blau & Berg Co., represented the tenant.

“One Stop Logistics was looking for a large, well-located distribution facility within New Jersey’s thriving Exit 8A industrial submarket,” Golden said in a prepared statement. “The logistics firm found an ideal location at 83 Stults Road, which offered direct access to the New Jersey Turnpike.”

The property, built in 1974, includes 20,382 square feet of office space and sits on 34 acres. Accordia and EverWest bought the facility and 20 acres of adjacent land from Hermann’s Services Inc. in February 2017, signing a one-year sale/leaseback agreement. JLL represented the new owners in both the sale and leaseback deals.

 

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