THE OFFERING
The LAUREN INTERNATIONAL PORTFOLIO presents investors with a rare and highly attractive opportunity to acquire a three-property industrial portfolio totaling 710,674 SF of space across 94.98 acres at a compelling basis. With below-market rents driving immediate in-place cash flow and substantial long-term upside, this offering stands out as a strategic acquisition with both yield and growth potential. Current lease rates across the portfolio are significantly below prevailing market levels for comparable industrial space. This notable rent delta offers a built-in value creation opportunity through mark-to-market rent adjustments upon lease rollover or repositioning—unlocking considerable upside in the near- to medium-term.
BELOW-MARKET RENTS
Current lease rates across the portfolio are significantly below prevailing market levels for comparable industrial space. This notable rent delta offers a built-in value creation opportunity through mark-to-market rent adjustments upon lease rollover or repositioning—unlocking considerable upside in the near- to medium-term.
ATTRACTIVE ENTRY POINT
The existing rent structure supports an acquisition basis well below today’s replacement cost, allowing investors to enter the industrial market at a significant discount to intrinsic value. This favorable pricing dynamic offers both margin of safety and strong growth potential as market rents continue to climb.
STABILIZED CASH FLOW
The portfolio delivers consistent, in-place income supported by a stable, long-tenured tenant base. This dependable cash flow provides immediate yield while setting the stage for future appreciation, offering investors the dual benefit of security and scalability.
SCARCITY VALUE
Industrial assets of this quality, scale, and pricing profile are increasingly rare in the current market environment. Few, if any, comparable opportunities exist that combine such favorable in-place economics with meaningful upside potential—making this portfolio truly one-of-a-kind.
The property is a 499,674-square foot industrial (manufacturing) facility located at 800 Cochran Avenue and 804 Byesville Road in Cambridge, Ohio. The original building was constructed in 1942 and added onto over time. The most recent major expansion occurred in 2016 with the addition of a 60,000 SF 32' clear warehouse, and complete renovation to the office sections in 2022. Of the total site, 28.2 acres is considered to be surplus land cleared for future expansion. The clear height of the property ranges from 12'-60' and Quanex keeps the property meticulously maintained. The subject is 100% occupied by two divisions of the same parent company, with Quanex IG systems occupying 373,595 square feet and Quanex Custom Mixing occupying 126,079 SF.
The property is a 53,000-square foot industrial (manufacturing) facility located at 2162 Reiser Avenue Southeast in New Philadelphia, Ohio. The property was originally constructed in 1978 and is situated on a 10.96- acre site. The clear height of the property is 20'. The subject is currently leased to Cooper Standard through June of 2028 at a lease rate of $3.42 psf based on a triple net lease structure. The property is utilized 24 hours a day (5 days per week) for the production of custom extrusions and molded rubber components.
The property is a 158,000-square foot industrial (manufacturing) facility located at 2228 Reiser Avenue Southeast in New Philadelphia, Ohio. The property was originally constructed in 1978, and is situated on a 16.08-acre site. The clear height of the property is 18' - 22'. The property is currently leased to Cooper Standard through June of 2028 at a lease rate of $3.42 psf based on a triple net lease structure. We have concluded that this lease rate is considered to be below market.
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