Brennan Investment Group has acquired 50 acres along Dixie Highway (Route 25) in Walton, Kentucky.
Brennan intends to develop a state-of-the-art, modern, cross-dock distribution building totaling 575,000 square feet. The centrally located logistics hub is in Northern Kentucky, home to the greater Cincinnati/Northern Kentucky International Airport (CVG) and Amazon's new 3.5-million-square-foot Prime Air Hub and DHL's Global Superhub.
The greater Cincinnati industrial market has seen robust net absorption over the past few years, especially the Northern Kentucky submarket. The southern corridor along Interstate 75 provides companies access to a strong labor force near the CVG airport and to the UPS WorldPort hub 70 miles south in Louisville.
“The proposed new development is designed to accommodate from one to four users, providing ultimate flexibility to accommodate a wide range of needs,” said Scott McKibben, CIO and managing principal of Brennan Investment G