Local toolmaker expands to airport building: Dayton Business

A local tool manufacturer has just leased nearly 120,000 square feet of a large NorthPoint-developed industrial building near the Dayton International Airport.

According to a recent real estate report, IPM Enterprises occupies more than 119,000 square feet of the building at 10451 Dog Leg Road. That lease began Nov. 11, the report indicates.

IPM is linked to Innovative Plastic Molders Inc., which has a location at 7438 N. Webster St.

MORE: Senators move to fund Dayton-based aviation area until 2022

Pet goods retailer Pet Valu had eyed the building for a possible significant lease before stepping away from any commitment earlier this year. The building offers an overall total of more than 433,000 square feet.

Doug Whitten, senior vice president at real estate firm CBRE, was the broker for the leasing transaction. He referred questions to principals for Innovative Plastic Molders.

A message seeking comment was left Tuesday Brian O’Leary, Innovative Plastic Molders president and owner.

MORE: Ohio senator to co-sponsor VA bill for Thailand benefits

NorthPoint Development is the Kansas City developer spearheading many of the large projects around the airport.

By spring this year, developers had built five buildings totaling more than 2.7 million square feet employing more than 2200 people near Dayton International.

In Other News

EXCLUSIVE: Amazon considers building Ohio data center in Fayette County

Centerville’s first collaborative workspace to debut in city’s uptown

WOMEN IN BUSINESS: Ashley Scharrer, president of Moonlight Security...

Cincinnati Children’s continues upward expansion with plans for...

See which area hospitals received an ‘A’ in patient safety grading

About the Author

Thomas Gnau

Thomas Gnau is a business reporter who joined the Dayton Daily News in 2007. He has reported for daily newspapers in Ohio since 1991.