Jeffersonville, IN – June 14, 2019, WSDC, LLC an affiliate of Tratt Properties, LLC of Phoenix announced the acquisition of a 426,118 square foot modern bulk logistics building within River Ridge Commerce Center for $25.5 million. DENSO Products and Services America, Inc., an automotive components, sales and distribution company, leases 311,483 square feet of the building.
The building, completed in November 2016, sits on 24.5 acres, has a clear height of 32′, (44) fully equipped dock positions with knock outs for additional dock doors, (4) drive in doors and cross dock loading, 140′ truck courts plus trailer parking. The center is close to Interstates 65, 64 and 71 and UPS’ largest air facility, the Worldport hub.
John Zimmerman of Stan Johnson & Co. represented both the buyer and seller in the transaction.
In 2019 Tratt Properties continues to grow their portfolio throughout strategic markets in the United States.