Developer building another huge Greater Cincinnati warehouse on spec

While IDI Gazeley is developing the region’s largest-ever speculative industrial building in Monroe, it’s also building another spec facility in Northern Kentucky. IDI Gazeley is working on a 442,300-square-foot class A modern bulk distribution facility at its Park South at Richwood development. The building, known as Building I, is being constructed with no signed tenants. Doug Armbruster, regional director of IDI Gazeley’s Central Northeast Region, said with the vacancy rate for industrial…