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A family-owned company in the Dayton region recently secured a brick-and-mortar location in the northern part of the Miami Valley. The move is the result of rapid growth and the need to expand operations. Keplinger Campers, a camper rental business previously based out of St. Paris, has relocated its operations to a warehouse facility at 317 Windham Way in Piqua. With the relocation to a larger facility, Keplinger Campers will be able to offer 45 units for customers to rent out, as well as in-house repairs on RVs. Rentals are for a three-night minimum and start at $600, going up depending on how long a customer needs to rent a unit. In addition to this, Keplinger Campers will travel directly ...

An investment company based out of New York has acquired an industrial property north of Dayton in a $5.25 million acquisition. The company plans to invest in improvements to the facilities and leasing a portion of the space. By Blythe Alspaugh  –  Staff Reporter, Dayton Business Journal An investment company based out of New York has acquired an industrial property north of Dayton in a $5.25 million acquisition. The company plans to invest in improvements to the facilities and leasing a portion of the space. Candor Capital, a leading investment company based in Brooklyn, New York, has purchased the historic Monarch building in Sidney. The building at 615 Oak Ave. is 325,000 square feet and was originally built in 1909 ...

By Nicole Mistretta  –  Data Reporter, Dayton Business Journal Demand for industrial property remains extremely high in the Dayton region. But a lacking supply of property for sale and slowly accumulating availability of exorbitantly priced properties available for lease spells trouble for local companies. Industrial Property Brokers Principal Tim Echemann said rates in the region are reaching a height he has never seen since his career in Dayton began in 1989.   “Warehousing rates in the Dayton region have never been this high. I’ve been working this area since 1989,” Echemann said. “Rates have gone up around 2% a year, but in the last two/three years, they’re gone up 8% to 10% a year. I don’t know if they’re going to level off or not, ...

The owners of a car dealership in the Miami Valley have set their sights on revitalizing one of the entry points into a growing city in the region. The revitalization efforts come as part of a greater goal to create a better image for their hometown. Mike and Jim Sherry, owners of Paul Sherry Family of Dealerships in Piqua, have begun a reinvestment project into four properties sitting on a four-acre plot along County Road 25A in Piqua. The two brothers purchased the properties for a total of $275,000 from Piqua-based Industrial Property Brokers, and are in the process of overhauling the structures. The main investment has been into labor and dumping costs to clear out brush and debris that have ...

A Bellefontaine-based third-party logistics company recently acquired a 10-acre warehouse site in the Dayton region. The $2.7 million acquisition marks the first time the property has changed hands since 1976. Robinson Investment Group recently acquired the former L&L Distribution Inc. warehouse located at 1901 Industrial Dr. in Celina. Randy Leistner, owner of L&L Distribution, Inc., has worked full-time for his family’s business since he was 18 years old and said that the sale of the property would allow him to retire. The 106,000 square foot space has served as storage space for several customers over the years including Huffy Bicycle, Reynolds and Reynolds and Cargill. Robinson Investment Group will continue to utilize the space to serve clients for storage and ...

An industrial warehouse site situated comfortably between Dayton and Columbus is the latest location a New York investment group has snatched up. The purchase marks the third industrial buy it has done in the Dayton area, with more planned on the horizon. The site, which sits from 2725 to 2727 Columbus Ave. in Springfield, is a 45,000-square-foot facility originally build in 1950 and was purchased by W Financial for $525,000. The facility includes office space, warehouse storage space, four drive-in doors and three docks. Al Weinberger, who purchased the space on behalf of W Financial, was interested in the property because of its ideal location between the Dayton and Columbus markets. “We like the location between Dayton and Columbus; the proximity ...

One of Dayton’s top commercial real estate firms has been experiencing success in spades this past year. In addition to helping manufacturers expand and find ideal locations to produce and move their products, Piqua-based Industrial Property Brokers announced in November that it had expanded to a Toledo office to better serve the industrial market across Ohio. Tim Echemann, principle broker for the firm, recently sat down with the Dayton Business Journal to reflect on 2022 and look toward what the new year will have in store for the firm. How would you assess your company’s performance in 2022 and what were some of the highlights? 2022 was another record year for Industrial Property Brokers. The highlights would be the sale ...

The Dayton Business Journal is unveiling its fifth annual Who’s Who in Real Estate for 2022. This special report, compiled by the DBJ Editorial Board, includes key business leaders in Commercial Real Estate, Construction and Development industries who play important roles in the success of the Dayton region’s real estate industry. The full coverage will appear in the DBJ online and print edition on Nov. 18. The 2022 honorees are: CRE: Builders/Developers:

A trucking company headquartered in the Miami Valley recently leased property in a new city. The lease comes with expansion looming on the horizon for the company. Classic Carriers, a trucking company headquartered in Versailles with a location in Greenville, recently leased a 62,000 square foot warehouse located at 1167 Fourth Ave. in Sidney to handle a rising demand within the industry. The lease comes as warehouse space becomes more and more scarce across the manufacturing industry, which was a major motivator for Classic Carriers to lease the space. “We had an immediate need—our customers did, and we jumped on it,” said Luke Subler, vice president of Classic Carriers. “The location, being as close to Interstate 75 as it is, works ...

A Dayton-area manufacturing company recently finalized a relocation. The move will prompt new hires. Everyday Wire Technologies, a branch of Everyday Technologies, moved from its facility in Bellefontaine to a 10,500-square-foot building at 1089 Fairington Drive in Sidney, just a short drive from Everyday Technologies’ base on Campbell Road. The move came for many reasons—primarily, its growth and a desire to be closer to its customer base. “Just being in our customer’s back yard is a gigantic advantage,” said Andrew Gilardi, co-owner and general manager of Everyday Wire Technologies. “Being close to I-75 is a big advantage, especially as we are prospecting prospective customers. It’s very attractive to them as well.” The new facility in Sidney is smaller than the Bellefontaine ...