U.S. 62 Logistics Center

U.S. 62 Logistics Center

Category

Industrial

The U.S. 62 Logistics Center is a $40 million, 20-acre development located in Johnstown, just a few miles north of Intel’s chip manufacturing site. Plans for the industrial site include a 210,000-square-foot facility, with a second building possible.

Jim Havens and Brian Marsh Launch a $40 million Johnstown Development

Jim Havens, of Havens Limited and Rudolph Investment, has joined with Brian Marsh, of the global real estate firm JLL, to spearhead a $40 million Johnstown project that will include office and industrial space designed for light manufacturing; research and development; distribution; and other industrial uses. This is the fifth industrial project in Central Ohio launched by the Havens-Marsh team. Among partners in the Johnstown venture is attorney Wes Gilliland, also of Havens Limited.

Named the U.S. 62 Logistics Center, the 20-acre development is located at 11850 Duncan Plains
Road NW in Johnstown. Plans for the site include a 210,000-square-foot facility, with a second building
possible. Parking for at least 170 vehicles is planned, with truck access available to the building. The site
may be developed as either a build-to-suit space or on a speculative basis. A construction start date has
not yet been set.

The land, previously owned by the Heath Newark Licking County Port Authority, is just north of
what has become known as the Johnstown Gateway, a 417-acre, mixed-use project adjacent to the Intel
development.

“As publicly owned companies such as Intel, Google, Meta, Amazon and others continue to
invest in Central Ohio, specifically in this area of western Licking County, we found this to be a good
opportunity,” says Havens. “There seems to be a steady demand for industrial uses. We are pleased to
be a partner in the U.S. 62 Logistics Center.”

“With all the growth in this area and year-end vacancy of just 3.3 percent in the north
submarket, this site seemed ideal for industrial development,” says Marsh. “We fully expect continued
growth in this area given the emerging technologies impacting every line of business.”

“With an overall market vacancy of just 1.3 percent for manufacturing space we feel there is a
real shortage of space in this segment, which we hope to be able to capitalize on in this new Johnstown
project,” adds Marsh.

 

 

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