Five industrial properties in Fairfield sold for $947K


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Five industrial properties in Fairfield recently sold for a combined nearly $1 million.

Beau Nimer, associate, and Robert Bunton, vice president, both with commercial real estate firm CBRE’s Cincinnati office, recently helped sell the portfolio of five industrial properties on Arndt Court south of Factory Drive and Hicks Boulevard to Arndt Court LLC.

The Evelyn B. Hodory Living Trust, the seller, had listed the five industrial buildings with CBRE.

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The buildings are 40 Arndt, which has 6,638 square feet; 93 Arndt, at 7,543 square feet; 96 Arndt, at 7,218 square feet; 103 Arndt, at 7,001 square feet and 106 Arndt, 7,395 square feet.

The buildings are found on one 2.87-acre parcel and another 1.8-acre parcel.

Asked about plans for the sites, the company said it is targeting industrial tenants looking for buildings in the 6,000- to 7,000-square-feet range.

The total transaction price was $947,450, CBRE said.

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