Marcus & Millichap closes sale of 237,155-square-foot distribution center in Ohio

November 30, 2021

Marcus & Millichap closed the sale of Hanon Systems Manufacturing and Distribution Facility, a 237,155-square-foot industrial property in CareyOhio. The asset sold for $17 million.

Joshua Baker, Erin Patton, Craig Fuller and Scott Wiles, of the Patton Wiles Fuller Group in Marcus & Millichap’s Columbus and Cleveland offices, had the exclusive listing to market the property on behalf of the seller.

Hanon Systems Manufacturing & Distribution Facility is located at 581 Arrowhead Drive in Carey. Hanon Systems, a South Korean-based provider of thermal and energy management solutions, occupies 100 percent of the space. Hanon specializes in the manufacturing of automotive HVAC and cooling systems for conventional and electronic vehicles and is poised for growth with the proliferation of Electronic Vehicle sector.


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