Unistrut Cincinnati Signs 215,708-Square-Foot Industrial Lease in Erlanger, Kentucky
Unistrut Cincinnati has leased 215,708 square feet of industrial space at 400 Kenton Lands Road in Erlanger, Kentucky, in a transaction Colliers announced Nov. 9. Colliers represented landlord TradeLane Properties in the deal, which CoStar ranked as the top industrial lease in Cincinnati in the third quarter.
Colliers Team Represents TradeLane Properties
Colliers' John Gartner, Andrew Jacob and Erin Casey, SIOR, handled the landlord representation for TradeLane Properties on the Unistrut Cincinnati lease. The property is located in Erlanger, in Northern Kentucky's CVG Airport logistics corridor.
Deal Details at 400 Kenton Lands Road
- Property: 400 Kenton Lands Road, Erlanger, Kentucky
- Tenant: Unistrut Cincinnati
- Landlord: TradeLane Properties
- Leased area: 215,708 square feet
- Transaction type: Industrial lease
- Landlord representation: Colliers (John Gartner, Andrew Jacob and Erin Casey, SIOR)
Cincinnati Industrial Market Context
The lease comes as Greater Cincinnati's industrial market has tightened. Colliers reported 4.03 million square feet of positive net absorption in the third quarter of 2026, bringing year-to-date absorption above 8.5 million square feet. Vacancy fell to 4.1% from 4.5% in the second quarter and 5.5% a year earlier. Asking rents rose to $6.62 per square foot from $6.51 per square foot in the prior quarter.
Other brokerage data point in the same direction, though measurements vary by provider and inventory definitions. CBRE reported 2.97 million square feet of third-quarter absorption, 6.05 million square feet of quarterly leasing activity, 4.7% availability and average asking rents of $7.35 per square foot. Matthews reported a 3.6% vacancy rate, 9.17 million square feet of trailing 12-month absorption and asking rents of $7.97 per square foot.
Northern Kentucky's Role in the Regional Market
Northern Kentucky is a major logistics and manufacturing hub for the Cincinnati region, and the Erlanger location sits within the CVG Airport logistics corridor. A lease of more than 200,000 square feet gives Unistrut Cincinnati substantial operating capacity in a market where available industrial space is declining and asking rents are rising.
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