Westmount Realty Capital Announces Sale of 289,491-Square-Foot Supply Chain Building in Columbus

Today, Westmount Realty Capital, LLC announced the sale of a 289,491-square-foot supply chain building inside the state-of-the-art Rickenbacker Global Logistics Industrial Park in Columbus. High-profile tenant, FedEx Supply Chain, Inc., has fully occupied the cross-dock building since September 2019.

Westmount initially acquired the property in late 2018 as part of a 1.43 million square-foot Midwest industrial portfolio, which included 12 buildings in Chicago, Cincinnati and Columbus. The building, built in 1994 on 14.32 acres, is located at 2220-2302 John Glenn Avenue in Columbus and has 46 loading docks including five drive-in doors with clear heights ranging from 24-28 feet. In 2016, FedEx only occupied 174,000 square feet of the building, but by September 2019, the Fortune 500 company amended its lease to occupy the remaining 116,000 square feet, extending its terms until March 2025.

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