AK Steel

Negotiated and closed the sale of a freestanding, 135,433 square foot mission critical research and development facility located on 18.45 acres of land in Middletown, OH. The property is fully leased to AK Steel Holding Corporation (NYSE:AKS) and was sold with an 18-year lease in place, incorporating 2.00% annual increases. The property was built to suit the tenant’s need for a specialized research and development facility.