New distribution center marketed for Tipp City

The entrance to the Tipp City Abbot Laboratories facility. Real estate firm Cushman & Wakefield is marketing a new distribution center just south of this facility, apparently on a spec-basis. FILE.

The entrance to the Tipp City Abbot Laboratories facility. Real estate firm Cushman & Wakefield is marketing a new distribution center just south of this facility, apparently on a spec-basis. FILE.

A new warehouse and distribution center is planned and marketed in Tipp City near big sites already established by Abbot Laboratories and Meijer.

Commercial real estate brokers Cushman & Wakefield have been marketing a yet-to-be-built 217,250-square foot distribution center — expandable to 434,500 square feet — off County Road 25 A, north of Kerr Road.

With developer HSA Commercial Real Estate, Cushman & Wakefield is searching for a tenant or user for the center, which would be built in early 2018, marketing material from the company said.

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Mark Dlott, Cushman & Wakefield director, identified HSA, based in Chicago, as the industrial developer behind the project.

“They’re just looking for that first deal to get inked, and then they’ll break ground,” Dlott said.

He believes a deal will happen.

“I am optimistic,” he said. “You’ve got Meijer, you’ve got Abbot labs, you’ve got a lot of things happening in the North (of Dayton) market.”

The center would be built in an area that has been a magnet for large-scale development in recent years.

In 2012 to 2014, Abbot Labs/Abbot Nutrition built a $270 million plant just north of where the planned Cushman site is. With about 240 employees, that plant has been said to produce 800 bottles of Ensure nutrition drinks per minute, or some 1 million bottles a day.

In 2014, Meijer broke ground for a 105,000-square-foot dairy facility and a 68,000-square-foot refrigerated warehouse facility on the same side of County Road 25A. That facility has about 100 employees.

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