Trident Capital Group and O’Connor Capital Partners have closed a joint venture with Clarion Partners to advance the next phase of the Rickenbacker Industrial Center in Columbus, Ohio. The new phase will consist of a 959,579-square-foot speculative industrial facility at 1669 Rohr Road, adding large-format warehouse space to one of the region’s primary logistics corridors.
Construction has officially broken ground on the project, with completion targeted for the first quarter of 2027. The facility is being brought to market on a speculative basis, positioning it to capture future distribution and logistics demand as it approaches delivery.
JLL’s Dan Wendorf, Brian Marsh, and Joseph Davis have been engaged to market the building for lease. Their mandate is to secure occupiers for the large-scale facility ahead of or shortly after the scheduled 2027 delivery, leveraging the corridor’s established role as a regional and national distribution hub.
The project is planned on a 57.30-acre site and is designed with modern bulk distribution specifications. Planned features include 40-foot clear heights to accommodate high-cube racking, 104 dock doors for efficient inbound and outbound truck movements, 238 trailer parking stalls to support heavy trucking operations, and 336 car parking spaces for on-site workforce and visitors.
The building is located within a federally designated Qualified Opportunity Zone, providing potential tax advantages for eligible investors. In addition, the project benefits from a 15-year, 75% property tax abatement, which is expected to enhance the long-term operating cost profile for ownership and may support more competitive occupancy costs for tenants.
Rickenbacker Industrial Center sits within the broader Rickenbacker industrial corridor, a key logistics cluster serving central Ohio and beyond. The corridor is already home to corporate distribution and logistics operations for a range of major occupiers, including Amazon, ODW Logistics, PepsiCo, Whirlpool, Coca-Cola, AmerisourceBergen, Geodis, and Cardinal Health.
The concentration of blue-chip users in the immediate area underscores the corridor’s connectivity to regional transportation networks and its established role in national supply chains. By adding nearly one million square feet of new Class A industrial space on a speculative basis, the joint venture is expanding the inventory available to large-format users seeking modern, high-clear distribution facilities within this established logistics hub.
