CT Realty and Walton Street to develop 5.7msf logistics park in Columbus

CT Realty has expanded its nationwide logistics portfolio with the purchase of 382 acres of industrial land in Columbus, Ohio, for the development of 5.7 million square feet of large-scale warehouse and distribution space.

Terms of the sale were undisclosed.

Located in the largest and best-performing industrial submarket of Columbus, the eight-building project will benefit from outstanding proximity to excellent distribution infrastructure and a densely populated consumer base, both of which are key criteria for ecommerce users.

“Columbus is a superb market from which to reach over half of the U.S. population and one-third of Canadian residents in a single-day truck drive, making this an ideal distribution location for companies,” said Rob Huthnance, the CT partner responsible for Midwest and East Coast development and operations.

CT’s project is within the Rickenbacker Industrial Park and is in immediate proximity to a Norfolk Southern intermodal y