Marcus & Millichap is pleased to present the Danfoss Power Solutions Research & Development (R&D) Facility in Maumee, Ohio. This first class R&D center is a mission critical site for Danfoss’s Hydraulics Division, serving as a core location for engineering, testing, and product innovation.

Danfoss, founded in 1933 and headquartered in Denmark, is a global leader with 9.4 billion in 2025 revenue across hydraulics, refrigeration, heating, air conditioning, and motion control technologies. The company’s solutions enhance machine performance, reduce emissions, improve energy efficiency, and support electrification initiatives worldwide. The Danfoss Power Solutions segment, which primarily covers hydraulics, accounts for approximately 44% of total Danfoss sales.

This facility functions as a core engineering hub for Danfoss’s Hydraulics Division, supporting essential R&D programs that cannot be decentralized or easily relocated. Importantly, the property sits directly adjacent to the Danfoss Hydraulics Training Headquarters (not included in the sale). The proximity between the R&D facility and the training hub creates operational alignment that reinforces the mission critical nature of both assets within Danfoss’s hydraulics ecosystem.

Danfoss significantly expanded its hydraulics platform through the 2021 acquisition of Eaton’s hydraulics business for $3.3 billion, effectively doubling the division, which included the acquisition of this facility. The tenant’s recent exercise of a five year lease option with a rent increase further underscores this site’s strategic importance and long term value to the Hydraulics Division’s growth trajectory.

The facility is positioned within a strong, established industrial park alongside high quality corporate users, with immediate access to a major retail corridor and Interstate 90.

Danfoss is further demonstrating its commitment to this location through scheduled capital improvements to the exterior of the property, including repairs and sealing of the parking lots, replacement of concrete aprons and sidewalks, and resurfacing of the driveway to the overhead door. These improvements are to be completed by October 31, 2026. The landlord is contributing $25,000 toward these upgrades; if work is incomplete at closing, the seller will credit the buyer the landlord contribution amount.