Total Square Footage: 45,500
Acquired: December 22, 2021
Tenant Name: Hahn Automation, Inc.
Royal Oak Realty Trust (“Royal Oak”) is pleased to announce the completion of our latest acquisition.
On December 22, 2021, Royal Oak acquired the manufacturing, warehouse, and office facility of Hahn Automation, Inc. (“Hahn”) located in Hebron, KY. The property is located in the Cincinnati metropolitan statistical area (“MSA”), the 30 th largest MSA in the United States and largest MSA in the state of Ohio. The property is strategically located in the Airport Submarket with access to Cincinnati International Airport, I-275, I-75, and state road 237. Hahn signed a 10-year absolute net lease at closing.
The Hahn property was originally built in 2010 with an expansion in 2015. It consists of approximately 35,580 square feet of warehouse and light manufacturing space and 9,920 square feet of office. The property sits on approximately 6.15 acres. There is one dock and one drive-in door. Hahn, founded in 1992, is a global operating special machine manufacturer and developer of innovative solutions for the automation of assembly and testing processes. Hahn has developed into a worldwide leading mechanical engineering company, With production sites in China, Germany, Great Britain, Croatia, Mexico, Austria, Czech Republic, and the United States. Hahn currently employs more than 800 people across 12 locations.