First Industrial Realty Trust Acquisition of 1200 Fulfillment Way

Deal value: $47,000,000

Acquisition of a 260,000 SF e-commerce fulfillment center in Columbus, Ohio, with 34-foot clear height and advanced automation systems.

The acquisition of 1200 Fulfillment Way reflects First Industrial Realty Trust’s strategy to expand its portfolio of high-quality logistics assets in supply-constrained, growth markets. The core motivation is to capitalize on rising demand for modern e-commerce fulfillment centers with advanced automation, driven by sustained growth in online retail and supply chain optimization. Columbus, Ohio offers strategic access to major population centers and transportation networks, making this a timely allocation to capture rental growth and tenant demand.