Molto Properties Announces Major Lease with DB Schenker at Canal Pointe Industrial Park

Molto Properties is pleased to announce the successful leasing of Canal Pointe Building A, a 450,696 square foot industrial building located at 7585 Robinett Way in Canal Winchester, Ohio. The full building lease with global third-party logistics company DB Schenker represents a significant milestone for the property, bringing the two-building speculative development to 55% leased.

“We’re thrilled to welcome DB Schenker to our recently completed Canal Pointe development” said Kevin Mohoney, Vice President at Molto Properties. “The ability to secure a world-class tenant is further validation of the logistical and labor advantages that are afforded by this prime distribution location.”

Featuring two state-of-the-art industrial buildings totaling 825,322 square feet, Canal Pointe offers unmatched access with frontage along US-33, less than 15 minutes from I-270/I-70 and less than 20 minutes from Rickenbacker International Airport and Downtown Columbus. Building B, totaling 374,626 square feet, remains available for immediate occupancy with in-place spec office and a 15-year 100% tax abatement available.

The lease transaction was facilitated by Michael Mullady, Vice Chairman of CBRE, who represented Molto, and Jeff Lyons, Executive Vice President of CBRE, who represented DB Schenker.

About Molto Properties

Molto is a privately held real estate company that is built upon a foundation of respected industry leaders with expertise as both operators and developers of industrial properties. Since its founding in 2008, Molto has acquired or developed nearly 20 million square feet of industrial real estate valued in excess of $1.2 billion with a geographical focus on the Midwest, Texas, and California.