TROTWOOD, OHIO — Gated Properties Global (GPG), in partnership with the City of Trotwood and the Trotwood Community Improvement Corporation (TCIC), has officially broken ground on two new Class A industrial buildings in the Trotwood Industrial Park, marking the next phase of continued industrial growth and investment in the community.

The groundbreaking comes amid strong industrial demand across Ohio and the broader Midwest, where companies are increasingly seeking move-in-ready or near-term industrial space to accelerate operations and meet market timing requirements.

Site work is now underway on the two speculative developments located along Prosperity Drive, totaling more than 158,000 square feet of new modern industrial space. The projects advance the same public-private partnership framework that recently supported major industrial investments in Trotwood, including Beontag and Westrafo’s North American operational facilities.

A formal dedication and ceremonial event will be held later this spring as construction progresses.

Mayor Yvette Page said, “Breaking ground on these new Class A industrial buildings is another important step forward for Trotwood. These projects reflect our commitment to smart growth, strong partnerships, and creating opportunities that bring quality jobs and long-term investment to our community.”

The two buildings are being developed by Gated Properties Global, a national industrial developer known for delivering high-quality, flexible facilities designed to meet today’s accelerated market demand. Both buildings will be constructed as Class A industrial product, consistent with the design and performance standards established by recent developments within the Industrial Park.

City Manager Quincy Pope said, “This groundbreaking represents the continuation of a proven strategy for Trotwood. By working closely with Gated Properties Global, TCIC, and our school partners, we are delivering the type of modern, move-in-ready industrial space that today’s employers are actively seeking. This is how we remain competitive and continue building momentum in our industrial park.”

• 100,000-square-foot industrial building

Designed to accommodate advanced manufacturing, logistics, or distribution users; configurable for single-tenant or multi-tenant occupancy based on company needs and market demand.

• 58,000-square-foot industrial building

Designed for smaller-scale industrial, assembly, or logistics users; also eligible for single-tenant or multi-tenant configurations based on company needs and market demand.

Together, the facilities expand Trotwood’s inventory of high-quality industrial space at a time when companies are prioritizing existing or under-construction buildings with defined delivery timelines, rather than build-to-suit or greenfield development. Both buildings are targeted for delivery in 2026, subject to construction progress and tenant requirements.

The Trotwood Industrial Park offers immediate access to regional transportation networks, a skilled workforce, and proximity to major Midwest markets, strengthening the City’s ability to compete for new employers and investment.

Chad Downing, Executive Director of the Trotwood Community Improvement Corporation, said, “These projects are a direct response to what we are seeing in the market. Companies need speed, certainty, and high-quality space. By moving forward with these speculative buildings, Trotwood is positioning itself to capture new employers, support job creation, and continue the strong industrial growth we’ve built over the last several years.”

The projects are supported by 15-year, 100% property tax abatements, approved by Trotwood City Council with the support of both Trotwood-Madison City Schools and the Miami Valley Career Technology Center (MVCTC). These approvals reflect a shared commitment to balancing economic development with long-term community and educational benefits.

The Prosperity Drive sites are also located within a federally designated Opportunity Zone, which may provide an additional tool to support qualified, long-term investment in the project area, subject to applicable program requirements.

Dan Penn, Principal of Gated Properties Global, said, “Breaking ground in Trotwood reflects the strength of this partnership and the opportunity in the market right now. Companies are looking for Class A facilities they can grow into quickly, and these buildings are designed to deliver the quality, flexibility, and speed-to-occupancy that tenants are demanding.”

Adin Penn, Principal of Gated Properties Global, said, “Trotwood has been a highly collaborative community to work with, and we are excited to invest here again. These projects will add much-needed Class A industrial inventory to the region and provide options for both single-tenant users and multi-tenant occupiers as demand continues to grow.”

Construction timing is intentional, allowing the development team to lock in favorable construction pricing, secure materials, and respond to active tenant demand across the region. With limited Class A industrial inventory available across the market, these two projects represent a strong opportunity for companies seeking speed to market and high-quality industrial space in Southwest Ohio.

Beyond these two speculative buildings, the Trotwood Industrial Park offers additional development-ready opportunities being advanced through the City/TCIC’s public-private partnership with GATED Properties Global, including a dedicated pad for a future 100,000-square-foot building adjacent to Prosperity Drive, rail-served site(s) totaling approximately 40 acres, and an additional 30-acre greenfield site positioned for new industrial users.

Learn More / Leasing & Inquiries

Businesses interested in learning more about these buildings for leasing or broader industrial opportunities in Trotwood are encouraged to contact:

Tom Fairhurst

Senior Managing Director, JLL

312 Walnut Street, Suite 3030

Cincinnati, OH 45202

T +1 513 297 2511

M +1 513 502 8436

or

Chad Downing

Executive Director, Trotwood Community Improvement Corporation

3035 Olive Road, Trotwood, Ohio 45426

(937) 854-7214

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