Central Ohio, warehouse/flex space...what do you know?

[Rj Kro]

Hi all, I am an investor/manager in Columbus, Ohio with a focus on industrial/flex space. Since I bought my first commercial building 6 years ago, I have seen the demand for smaller(1,000-10,000 sq ft) spaces basically explode. I don't think I've seen a decent 9-10 cap property come across my plate in 2 years. I have started looking around the periphery of Columbus(Dayton, Newark, Delaware, etc), and have found a few props that show some promise. Long shot here, but are any of you familiar with Central Ohio, specifically the Newark area? Would love to get some knowledgable feedback on where things "feel headed" around there. When I was growing up, alot of the surrounding smaller towns were to be avoided; curious how things have(or have not) changed. I know Intel is putting up a big factory in New Albany....not sure if knock on effects are expected in Nurk or not. Thanks.