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Transactions - MAY 26, 2022

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Stonemont makes Central Ohio debut with 1msf spec industrial facility

by Released

Stonemont Financial Group has closed on a 1.09 million-square-foot speculative industrial facility in West Jefferson, Ohio, approximately 20 minutes from Columbus. Stonemont is co-developing the project with Pizzuti and will acquire the development upon its expected completion in July 2022.

Named West Jeff One, the class A facility will sit directly off Interstate 70 in the West Jefferson Village submarket. It will be the only available building above 1 million square feet in the area, and the only development to deliver in the next year. West Jeff One will feature 209 car parking spaces, 110 trailer parking spaces and clear heights of up to 40 feet, presenting an attractive and modern facility for a variety of ecommerce and logistics users that have gravitated to the region over the last few years.

“The Columbus market is full of untapped potential, as evidenced by record-breaking industrial activity in 2021” said Zack Markwell, Stonemont CEO and managing principa

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