April 17, 2019 Comments Off on Columbus-Area Quad/Graphics Facility Will See Multi-Tenant Use Views: 420 Chicago News, Midwest News

Columbus-Area Quad/Graphics Facility Will See Multi-Tenant Use

A former Quad/Graphics facility in Columbus, OH will be repurposed for multi-tenant use, Reich Brothers said Tuesday. The New York City-based firm acquired the 142,223-square-foot production and warehouse facility at 4051 Fondorf Dr. for an undisclosed sum.

Located on 7.17 acres, the facility served as Quad’s main production and warehousing location in the region until 2017. It’s directly adjacent to Walmart’s distribution and logistics hub, as well as other prominent distribution/warehousing sites in the tight Franklin County submarket.

“The site’s infill location and flexibility lend itself to a variety of tenants, and we look forward to bringing the site back to full production,” said Reich Brothers’ Michael Reich.

In February, the company, which specializes in acquiring and repurposing manufacturing and distribution facilities, formed a joint venture with New York-based HFZ Capital Group. The JV encompasses a portfolio totaling 10 million square feet, including five million square feet under contract.

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