Dalfen Industrial Sells Cincinnati Asset for $51M

By Beata Lorincz, Commercial Property Executive

The property comprises 14 buildings in the metro’s Tri-County submarket.

Dalfen Industrial has finalized the disposition of Capital Center Industrial Park, an 896,523-square-foot ensemble of 14 light industrial buildings in Cincinnati. TradeLane Properties paid $51.3 million to acquire the asset in the sought-after Tri-County submarket. JLL Capital Markets represented the seller.

Dalfen purchased the portfolio in February 2018. Located on 43.5 acres at 4554-4860 Interstate Drive in West Chester Township, Ohio, the properties are situated 3 miles of the junction of interstates 75 and 275, while central Cincinnati is within 20 miles south.

https://www.cpexecutive.com/post/dalfen-industrial-sells-cincinnati-asset-for-51m/

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