Sticky Investment-Grade Tenancy – The current tenancy has been in place for an average of 18+ years. Further, Stanley Black & Decker, Inc. (60,000 SF; February 2030 LXP) – a publicly-traded investment-grade tenant (S&P: A) – represents approximately 81% of NOI generated from the Property and has been in the building since 2002.

Prime Location – The Property benefits from its adjacency to the Cuyahoga County Airport, quick access to I-271 (3.4 miles) and I-90 (5.4 miles) thoroughfares and proximity to a strong skilled labor workforce in Cuyahoga County with average household incomes being $78,429 in a 2-mile radius.
Mission-Critical Infrastructure – Warehouse is climate-controlled with Full HVAC, which is critical to Stanley Black & Decker’s operations at the Property.
NNN Lease Structure – Limited capital exposure with NNN lease structure and Roof Warranty in place through 2037.
Market Reset, Rent Resilience – Vacancy moved to 3.9%, up from 2.8% at year end 2024, and year-to-date net absorption closed at negative 3.3 million square feet (msf) versus positive 1.1 msf at year end 2024. After a run of exceptional years, the numbers are telling us the market is catching its breath, absorbing what was built, and moving back toward more traditional fundamentals. The encouraging takeaway is that pricing has remained resilient, asking rents ended 2025 at $5.78 per square foot (psf), only modestly below the $5.91 psf record set at year end 2024, and up from $5.59 psfin the third quarter.

5335 AVION PARK DRIVE

11744 BEREA ROAD