REHRIG PENN EXPANDS INTO OHIO MARKET
LOS ANGELES - 07/07/05 - Distribution facilities management company ProLogis has leased a distribution center near Columbus to Rehrig Penn Logistics Inc., a Southern California transport materials management services firm.
Los Angeles-based Rehrig will use the 121,000 square-foot building to provide asset recovery and management services to manufacturers, distributors and retailers throughout Ohio.
The company leased Canal Pointe Distribution Center from Denver-based ProLogis, provider of distribution facilities and services, and which has a substantial presence in Central Ohio.
The center is 30 miles south of Columbus off Route 33.
Matt Dannenfeldt, general manager for Rehrig Penns, said they chose the location because of its proximity to Rickenbacker International Airport, which specializes on cargo movement, and access to Interstates 270 and 70.
Rehrig Penn Logistics is a division of privately held Rehrig Pacific Co, a manufacturer of plastics and storing and transport products.
Rehrig Pacific posted 2005 revenue of $300 million.
ProLogis has 28 buildings in Central Ohio with a combined 5.1 million square feet of space. About 81 percent of that space is filled.
The company posted nearly $2 billion in revenue in 2005.
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