CBRE has arranged the sale of a 380,000-square-foot industrial distribution facility located at 1 Modern Way in Trotwood, Ohio.
Viking Partners purchased the property from Stratacache, Inc. for $18 million. CBRE’s Will Roberts, Steve Timmel and Doug Whitten represented the seller in the transaction.
“With its strategic location and competitive package of amenities, 1 Modern Way received significant interest from investors,” said Timmel. “The lack of comparable availabilities at this scale, both for lease or sale, in the Dayton market has this building well-positioned.”
The property is located just south of Dayton International Airport, offering immediate access to Interstates 75 and 70. Built in 2008, the facility features 12,000 square feet of office space, 28- to 30-foot clear heights, 32 dock doors, four drive-in doors and rail service via CSX with an interior spur.
According to CBRE Research, the Dayton industrial market began 2026 with strong momentum, recording 457,864 square feet of positive net absorption in Q1. This surge increased activity by 386,149 square feet quarter-over-quarter.
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