Saxum Real Estate has acquired a 465,256 square foot cold storage and dry warehouse facility in Columbus, Ohio.

The site, 100% leased to Mars Petcare U.S., Inc., comprises approximately 168,000 square feet of cold storage/freezer space and 300,000 square feet of ambient warehouse space, and functions as a mission-critical extension of Mars Petcare's adjacent manufacturing campus.  

Strategically located in Columbus's West Side / Interstate 70 West corridor with immediate highway access, the ambient warehouse was built in 1968 and fully renovated in 2012, while the cold storage/freezer building was constructed in 2017. 

Mars has operated manufacturing at the adjacent facility since 1972.  

"This acquisition furthers our conviction of targeting mission-critical cold storage and food-related industrial assets backed by strong tenancy in premier logistics markets," said Sean Gilbert, principal and head of acquisitions at Saxum Real Estate. "The property's integration with Mars Petcare's manufacturing operations positions it as a strong addition to our portfolio as we continue to scale in the cold storage and logistics sectors." 

About Saxum
Saxum Real Estate is a national real estate investment and development firm specializing in value-add and ground-up development opportunities in the cold storage, industrial and residential sectors. With a vertically integrated platform, Saxum manages the entire life cycle of a project in-house, creating additional value for investors by identifying overlooked opportunities and capitalizing on market inefficiencies. Saxum’s portfolio exceeds $3.5 billion in capitalizations across cold storage, industrial, and residential assets, encompassing over 13MM square feet of real estate. The firm’s development pipeline remains robust, with over $1 billion in active projects spanning value-add acquisitions and new developments in key logistics and housing markets.