CBRE has arranged the sale of a large industrial distribution facility in Trotwood, Ohio, with Viking Partners acquiring the property at 1 Modern Way from Stratacache, Inc. for $18 million. The building totals 380,000 square feet and serves as a modern distribution asset in the Dayton-area industrial corridor. CBRE professionals Will Roberts, Steve Timmel and Doug Whitten represented the seller in the transaction.
The distribution facility includes a functional mix of office and industrial space, with approximately 12,000 square feet built out as office. The balance of the property is configured for warehouse and distribution operations, supported by modern building specifications such as clear heights ranging from 28 to 30 feet. The facility is further equipped with 32 dock-high doors and four drive-in doors, designed to handle a range of loading and transportation needs.
In addition to its dock-high and drive-in access, the property offers rail service via CSX, including an interior rail spur that allows freight to be brought directly into the building. This combination of rail connectivity, highway access and on-site loading infrastructure positions the asset to serve regional and national distribution requirements. The building, constructed in 2008, provides relatively modern construction and building systems compared with older industrial stock in the area.
Located just south of Dayton International Airport, 1 Modern Way offers immediate access to Interstates 75 and 70, placing it within a key logistics and transportation hub for the region. This positioning supports efficient movement of goods throughout the Midwest and beyond. According to CBRE, the property attracted substantial interest from investors, with Timmel noting that its strategic location and amenities made it competitive in the market.
CBRE also highlighted market dynamics supporting the asset. According to CBRE Research, the Dayton industrial market began 2026 with strong momentum, recording 457,864 square feet of positive net absorption in the first quarter. This level of activity represented an increase of 386,149 square feet in net absorption compared with the prior quarter, indicating accelerating demand for industrial space in the Dayton market. Against this backdrop, CBRE noted a lack of comparable large-scale industrial availabilities for lease or sale in the area, which has helped position 1 Modern Way favorably within the regional industrial landscape.
