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Lauren International Portfolio 3 Industrial Properties in Multiple Locations
INVESTMENT HIGHLIGHTS
- Fully leased to publicly traded tenants with stable occupancy histories.
- Strong income performance with over $3.1M NOI and 7.07% average cap rate.
- Expansion-ready sites with surplus land at two locations.
- Located in supply-constrained industrial submarkets with strategic highway access.
EXECUTIVE SUMMARY
The Lauren International Portfolio comprises three single-tenant industrial facilities located in Cambridge and New Philadelphia, Ohio. Totaling approximately 711,000 square feet across nearly 95 acres, the assets are fully leased to publicly traded tenants Quanex Building Products Corporation and Cooper Standard Automotive, both with long-standing occupancy histories.
Current lease rates are below prevailing market levels, offering a clear opportunity for value creation through mark-to-market adjustments. The portfolio generates over $3.1 million in net operating income, with an average capitalization rate of 7.07% .
Each property features modern industrial specifications including high clear heights, dock and drive-in access, heavy power, and LED lighting. The Cambridge facility includes 28 acres of cleared surplus land, while the New Philadelphia site at 2162 Reiser Avenue offers over 4 acres with conceptual expansion plans in place.
Strategically positioned near Interstates 70 and 77 and U.S. Route 250, the portfolio benefits from efficient regional and national distribution access. The surrounding submarkets are characterized by low vacancy rates, a skilled labor pool, and business-friendly local governments, supporting long-term tenant retention and rental growth.
Current lease rates are below prevailing market levels, offering a clear opportunity for value creation through mark-to-market adjustments. The portfolio generates over $3.1 million in net operating income, with an average capitalization rate of 7.07% .
Each property features modern industrial specifications including high clear heights, dock and drive-in access, heavy power, and LED lighting. The Cambridge facility includes 28 acres of cleared surplus land, while the New Philadelphia site at 2162 Reiser Avenue offers over 4 acres with conceptual expansion plans in place.
Strategically positioned near Interstates 70 and 77 and U.S. Route 250, the portfolio benefits from efficient regional and national distribution access. The surrounding submarkets are characterized by low vacancy rates, a skilled labor pool, and business-friendly local governments, supporting long-term tenant retention and rental growth.
PROPERTY FACTS
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 710,674 SF |
| Number of Properties | 3 | Total Land Area | 95.49 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 710,674 SF |
| Total Land Area | 95.49 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 804 Byesville Rd, Cambridge, OH 43725 | Industrial | 499,674 SF | 1942 | - |
| 2228 Reiser Ave SE, New Philadelphia, OH 44663 | Industrial | 158,000 SF | 1978 | - |
| 2162 Reiser Ave SE, New Philadelphia, OH 44663 | Industrial | 53,000 SF | 1978 | - |
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CONTACTS
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Rico Pietro -
David Leb -
Kirsten Paratore -
Robby Martinelli -
Max Ferguson -
Cushman & Wakefield | CRESCO Real Estate
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Lauren International Portfolio
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