Key Takeaways
- • A large industrial property at 7800 Whipple Ave. NW in Jackson Township, near Canton, Ohio, sold for just under $11 million, according to Stark County records reported by Crain's Cleveland Business.
- • The site spans 135,000 square feet, including a 6,000-square-foot outbuilding.
- • The transaction is a notable industrial real estate trade in the Canton submarket, with the primary source reporting the sale price as nearly $11 million.
- • Buyer and seller identities were not disclosed in the available source material.
Summary
The sale price places the transaction among the more significant industrial real estate deals reported in the Canton area in recent weeks. The available reporting does not identify the buyer, the seller, or the financing structure, and the source material does not indicate whether the property was marketed publicly before closing.
The article is part of Crain's Cleveland Business coverage of commercial real estate in Northeast Ohio, which also includes other recent transactions in the region. Investors tracking industrial demand in the Canton and Stark County market may find the sale a useful reference point for pricing of large-format industrial assets.
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