VanTrust will develop the 1.2 million square-foot build-to-suit for DSV, marking its ninth building in the city
Columbus, Ohio—October 10, 2023— Today, VanTrust Real Estate, LLC (VanTrust), a commercial real estate developer, and principals from DSV, a global leader in the transport and logistics industry based in Denmark, gathered at the New Albany Tech Park, situated within the New Albany International Business Park, to officially break ground on what will eventually be DSV’s largest building in North America. Construction will begin in August, with expected completion by December 2024. This is VanTrust’s second project with DSV, with the first in Texas. The groundbreaking was attended by leaders of both the City of New Albany and Licking County.
“This is an exciting project and an important day for VanTrust, DSV and the Central Ohio community,” said Andy Weeks, Executive Vice President at VanTrust. “We are proud that a logistics leader like DSV selected VanTrust for this important project and know that it will be a huge asset to the entire region.”
VanTrust announced plans for a new business park, the New Albany Tech Park, in June 2022. The Park sits on approximately 500 acres located within the New Albany International Business Park, the region’s largest master-planned business park. The build-to-suit DSV warehouse is the first of multiple projects anticipated at the New Albany Tech Park. The general contractor for the project is Pepper Construction, with RED Architects as the architect. EMH&T will be the civil engineer.
About VanTrust Real Estate, LLC
VanTrust Real Estate, LLC is a full-service real estate development company. Named NAIOP’s 2023 Developer of the Year, the company acquires and develops real estate assets for the Van Tuyl family portfolio and offers a broad range of real estate services including acquisition, disposition, development, development services, corporate services, and asset management. Product types include office, industrial, multifamily, science + technology and mixed-use. VanTrust works nationally with regional offices in Columbus, Dallas, Phoenix, and Jacksonville with its headquarters in Kansas City, Missouri. For more information, visit www.vantrustre.com.
Left to right: Robert Greene, President DSV Road; Bill Ebbing, President New Albany Company; Andy Weeks, Executive VP VanTrust Columbus; Dave Harrison, President VanTrust Real Estate; Tim Bubb, Licking Co. Commissioner; Michael Marlow, President, DSV Solutions; Sloan Spalding, New Albany Mayor; Andrea Wiltrout, New Albany Councilwoman; Mikael Thomsen, Vice President DSV Air & Sea.