Investment Overview

Marcus & Millichap is pleased to present to market available for sale the Georgetown Business Park – a 12-building portfolio situated along Georgetown Road, consisting of a mix of Office and Flex Properties, containing approximately 276,202 square feet. The park is home to a vast mix of professional, medical, call centers, R&D, and light industrial tenants. The offering provides a unique opportunity to investors as the properties include a wide variety of availability and usage to new and existing tenants. Through high-end luxury interior finishes and continuous upkeep, the properties have proven to be an attractive destination for a diverse tenant mix, as the properties sit at just over 92% occupied. Market: The city of Hudson is home to many retailers, manufacturers, and other businesses. The surrounding area has a wide array of restaurants, movie theaters, shopping centers, hotels, apartments, single-family homes, office parks, warehousing facilities, etc. Sitting just north of the Georgetown Business Park is a roughly 1 million SF facility that houses the Corporate Headquarters of Joann Fabrics. Directly east of the subject properties is the headquarters of Little Tikes, toy manufacturers. The quaint city of Hudson has proven to be a destination for investors, larger corporations, mom & pop shops, and all. Location: The Georgetown Business Park is strategically located in the city of Hudson, OH. The properties are centrally located between Cleveland and Akron. Just 11 miles north of downtown Akron, and 33 miles Southeast of Cleveland, the city of Hudson services both residents and businesses of the two premier metropolitans in Northeast Ohio. Within a short drive time of under 20 minutes, the property provides easy access to and from 4 major highways: Interstate OH-8, I-80, I-480 & I-271. With the ease of access to major roadways, within a short dive, the properties provide easy access to major metros Cleveland, OH (33 Miles), Pittsburgh, PA (110), Columbus, OH (135 Miles), Detroit, MI (184 Miles) Property Features: Georgetown Business Park is a rare opportunity that includes a mix of spaces for various tenants through the 12 buildings offered. With all the buildings located along Georgetown Road and the convenience of drive-to-entrance doors for many of the suites, tenants and visitors can easily navigate through the park to their destination. The properties are situated on over 40 acres and feature a plethora of parking for each respective property. Activity and demand in the park have remained constant, with construction of the subject properties initially beginning development in the early 1990’s and most recently completed in 2020. Stable Current Tenant Mix: Georgetown Business Park is currently sitting at just over 92% Occupancy with a strong variety of tenants, due to the nature and flexibility of each building. With a good mix of Office and Flex space, many businesses have been attracted to the park. With long standing occupants, the park has housed and grown along with many businesses. The park is anchored by the largest gutter protection company in North America, who started with just one office space in the park. After expanding and making this location their Corporate Headquarters, the company has grown into a 9-figure revenue generating business with over 1,000 employees in over 100 locations throughout the US and Canada.