Pioneer Development

Thank you Columbus Industrial Team for all your efforts leasing up this project to a great mix of local, national, and international companies!

We are excited to announce the successful sale of our 55,000-square-foot multi-tenant flex building in Marysville, OH. Seeing this project evolve from raw farmland in an outlying market into a fully stabilized, high-impact asset has been an incredible journey. We are proud of the resulting positive economic impact and are extremely grateful for the many partners who helped turn a speculative risk into a community success story. The Impact: Union County, City of Marysville, Ohio USA, The Columbus Region, and JobsOhio all rallied behind this project. Economic incentives enabled this building to be built, which has now attracted 7 unique and growing businesses to the area who are already contributing to the local workforce. The Village: This project was only successful because of the expertise of our partners. We are grateful for all of your support! -State & Regional: JobsOhio and The Columbus Region -Local Leadership: Eric Phillips and the Union County-Marysville Economic Development Team -Development Partners: Danny Patel, Bruce Patel, and Leland Vogel -Leasing: Jeff Boll, SIOR and the Rj BOLL Realty, Ltd. Team -Sale Transaction: Alex Davenport and Jonathan Schuen with Colliers -Building Contractor: Cory Rolfes, Rich Irelan, and the Dublin Building Systems Team -Interior Improvements: Amy Biondi Huffman and Fed One Construction -Architecture: Matthew Lones, AIA, NCARB and Branko Stankovic -Engineering: Guider Winkle Partners -Finance: Richwood Bank -Legal: Dan Calvin, Christopher Knezevic, and Adnan Merchant #PioneerDevelopment #MarysvilleOhio #EconomicDevelopment #CommercialRealEstate #SpecDevelopment

🏗️Project Update: Grove City Innovation Center - Phase 2🏗️ Momentum continues at our Class-A industrial park. We are moving quickly on the next 135,000 SF phase, delivering on the demand we are seeing in the Columbus market: ✓ Steel is Complete ✓ Docks have been Poured ✓ Roof is well underway Success in development is built on strong partnerships. A massive thank you to Amy Biondi-Huffman and the team at Fed One Construction for driving the schedule, as well as the Columbus Industrial Team and the City of Grove City for their continued support in making this project a reality. Columbus remains a high-conviction market for us. We are aggressively scaling our portfolio here and looking for the next opportunity. We are actively seeking new development sites and strategic local partnerships for 2026 and beyond. If you are a broker, developer, investor, or land owner with an opportunity that fits our profile, let’s connect. #GroveCityInnovationCenter #GroveCity #Development #IndustrialRealEstate #Ohio #Jobs #Community

🏗️ Momentum Building: Pittsburgh Flex Center Update 🏗️ Execution is everything. We are seeing rapid progress on our 55,000 SF flex-industrial development in Delaware, OH. ✓ Dock Levelers Installed ✓ Pedestrian Doors Installed ✓ MEP Interior Rough Ins Underway A major thank you to Brian Maxwell and the team at Dublin Building Systems. Their precision and management are the reasons we are hitting these timelines efficiently. We are doubling down on the Columbus market and looking to expand our local network. We are actively seeking strategic partnerships for our next phase of projects in 2026 and beyond. Send us a DM if you are interested in learning more about our pipeline or are interested in a potential future partnership. #PioneerDevelopment #PittsburghFlex #ColumbusOH #Development #IndustrialRealEstate #IndustrialDevelopment

🏗️Project Update: Jetway Flex Center🏗️ We are continuing to see excellent momentum on our latest 75,000-square-foot flex-industrial project in Columbus: ✓ Permanent Power in place ✓ Base Course down ✓ Buildings Closed in A huge thank you to Brian Maxwell and the entire team at Dublin Building Systems. Their commitment to precision and efficiency has been vital in keeping us ahead of schedule. Columbus represents a premier investment thesis in the industrial real estate space. Given the market's robust fundamentals, we are aggressively scaling our footprint in conjunction with strong local partners. Send us a DM if you are interested in learning more about our pipeline or are interested in a potential future partnership. #PioneerDevelopment #JetwayFlex #ColumbusOH #Development #IndustrialRealEstate #IndustrialDevelopment #OpportunityZone

🏗️Project Update: Grove City Innovation Center - Phase 2🏗️ We're making strong headway on Phase 2 of our 270,000 square foot Class-A industrial park in Grove City: ✓ Precast panels are up ✓ Steel is well underway ✓ Base course is in progress The hard work and collaboration from all partners supporting this project has been impressive. Thank you to Amy Biondi-Huffman with Fed One Construction, the Columbus Industrial Team, and the City of Grove City for supporting the project! Columbus represents a premier investment thesis in the industrial real estate space. Given the market's robust fundamentals, we are aggressively scaling our footprint in conjunction with strong local partners. Send us a DM if you are interested in learning more about our pipeline or are interested in a potential future partnership. #GroveCityInnovationCenter #GroveCity #Development #IndustrialRealEstate #Ohio #Jobs #Community

🌟One More! We're thrilled to welcome AdaptHealth to Pioneer Park in Marysville, OH!🌟 AdaptHealth is a network of full-service medical equipment companies that use tailored products and services to empower patients to live their best lives – out of the hospital and in their homes. Thank you to Michael Irvine and the Adapt Health LLC team team for your partnership, and thank you to Jeff Boll, SIOR and Rj BOLL Realty, Ltd. for your support in helping move Adapt Health LLC to Pioneer Park! #PioneerPark #Marysville #UnionCounty #IndustrialDevelopment

🏗️Project Update: Pittsburgh Flex Center🏗️ Our 55,000 sq ft flex-industrial development in Delaware, OH is taking shape: ✓ Roofing COMPLETE ✓ Rough-Ins COMPLETE ✓ Siding IN PROGRESS Shoutout to Brian Maxwell and the excellent crew at Dublin Building Systems! Their commitment is key to keeping this project moving smoothly and on track. Columbus is proving to be a powerhouse industrial market with incredibly solid fundamentals. If you're looking for new investment opportunities in the area, let's talk. Drop a comment or send us a DM for details on our current pipeline. #PioneerDevelopment #PittsburghFlex #ColumbusOH #Development #IndustrialRealEstate #IndustrialDevelopment

📈Columbus Flex Industrial Market Showing Strong Momentum📈 The flex industrial segment in Columbus continues to demonstrate resilience and opportunity heading into year-end. Here are the key takeaways from Q3: 🔑Vacancy Compression Creating Opportunities Flex properties saw vacancy decline from 6.08% to 4.51% quarter-over-quarter, representing one of the strongest improvements across all industrial segments. This 157 basis point drop signals robust tenant demand for versatile, multi-use space. 🔑Rental Rate Performance Average asking rates for flex space reached $9.76 per square foot, maintaining a significant premium over general industrial product at $6.77. This premium reflects the value tenants place on flexibility and the ability to accommodate office, warehouse, and light manufacturing uses under one roof. 🔑Positive Absorption Trends The flex segment recorded 170,242 square feet of positive net absorption in Q3, contributing to year-to-date absorption of 326,672 square feet. This consistent performance demonstrates sustained demand despite broader economic uncertainties. 🔑Looking Ahead With limited new flex construction in the pipeline and vacancy rates at historically low levels, we anticipate continued upward pressure on rents through Q4 and into 2026. For tenants seeking flex space, early engagement will be critical to securing quality options. If you're looking for new investment opportunities in the area, let's talk. Drop a comment or send us a DM for details on our current pipeline. #ColumbusIndustrial #IndustrialRealEstate #IndustrialDevelopment #FlexIndustrial

🎉 Exciting News: Welcome Our Newest Partner! 🎉 We're thrilled to welcome another outstanding company to Grove City Innovation Center! Please join us in celebrating SCIENTIFIC GAMES decision to make Grove City their new headquarters! SCIENTIFIC GAMES is a global leader in retail and digital products, technology, and services that drive profits for government-sponsored lottery and sports betting programs. We extend our gratitude to Ben Kopacka, MBA and the entire SCIENTIFIC GAMES team for choosing to partner with us. Special thanks also go to Jonathan Schuen and the Columbus Industrial Team at Colliers for their invaluable assistance in bringing SCIENTIFIC GAMES to Grove City Innovation Center! #GroveCityInnovationCenter #GroveCity #FranklinCounty #Ohio #IndustrialDevelopment