The South Afton Industrial Park has officially gained its second resident since the park began offering industrial properties for sale in 2016. Nestle Purina’s choice to plan a 550 million dollar project at the park on an 85 acre lot is a result of Clermont County’s attempts to attract more industrial and commercial manufacturers to the area by expanding its available acreage for commercial real estate. Nestle’s project alone will bring about 300 new jobs to the county and will mark the company’s new phase of building sustainable, renewable-energy based manufacturing sites. Schueler Group’s own Jeff Eichhorn was the listing agent on this important sale, continuing our tradition of aiding Southwest Ohio in reviving and expanding its local economies via selling and leasing commercial land to manufacturers who will expand commerce in these local communities. Below, you can view the details of the Nestle Purina deal:
Cincinnati Business Courier, Deal of the Week
Property name: Sehlhorst Equipment Company
Buyer: Nestle Purina PetCare Co.
Seller: Sehlhorst Equipment Services LLC
Listing brokers, firm: Jeff Eichhorn, Henkle Schueler & Associates/CORFAC
Buyer’s broker, firm: Frank Torbeck, The Everest Group Inc.
Purchase price: $1.2 million
Deal closed: Dec. 15, 2020
Description of property: A more than 84-acre piece of property in Clermont County
Address: 4217 SR 276, Batavia 45103
Behind the deal: Nestle Purina PetCare announced plans to build a $550 million factory in Williamsburg Twp. The factory is expected to be operational in 2023. Schueler Group was listing land contiguous with the site, and Nestle needed more land for the facility’s future development.