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Affinius Capital Provides $76.25M in Acquisition Financing for Ohio Distribution Center
Affinius Capital LLC has announced the closing of a $76.25 million loan to finance the acquisition of the Scotts Midwest Distribution Center, a 1.3 million-square-foot warehouse and distribution facility located in Marysville, Ohio.
The loan was extended to Sculptor Real Estate and will be used to acquire and hold the property for long-term investment. The financing was arranged by Ryan Kieser of CBRE.
“This is a premier, institutional-quality asset strategically positioned in an established industrial hub in the Columbus region,” said Tyler Figley, Senior Vice President at Affinius Capital. “We are proud to partner with Sculptor Real Estate on another acquisition.”
Developed in 2023 as a build-to-suit facility for The Scotts Company by Crawford Hoying, the property spans 1.3 million square feet. It features a cross-dock configuration, 40-foot clear heights, 120 dock doors, four drive-in doors, and 388 parking spaces. The facility is fully leased to The Scotts Company, a subsidiary of The Scotts Miracle-Gro Company.
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