Darien, CT – CoreOne Industrial, a privately held real estate investment and operating company headquartered in Darien, CT, is pleased to announce the acquisition of 5955 Pardee Road in Taylor, Michigan. This transaction marks CoreOne Industrial’s first purchase in the greater Detroit market and represents a strategic expansion of its Industrial Outdoor Storage (“IOS”) portfolio into one of the nation’s most critical logistics and manufacturing regions.

5955 Pardee Road is a 25,360 square foot cross-dock truck terminal featuring 39 dock doors, situated on a 6.85-acre parcel with abundant trailer and vehicle parking. The facility was acquired through a sale/leaseback transaction with Northern Logistics, a diversified freight transportation and distribution provider serving industrial customers across the Midwest and beyond. Northern Logistics will continue to operate from the site under a long-term lease, maintaining critical connectivity to the greater Detroit industrial corridor’s robust highway infrastructure and distribution network.

“We’re excited to plant our flag in the Detroit market,” said Joe Burton, Co-Founder & President of CoreOne Industrial. “This property checks every box for us — strong location, real tenant demand, and a market with deep industrial roots. We see a lot of long-term potential here, and this is just the start of what we hope to build in Detroit.”

“This is a smart expansion for our IOS strategy,” added Robert DePiero, Co-Founder & Chief Investment Officer of CoreOne Industrial. “Sites like this are increasingly tougher to find in infill logistics locations with strong market fundamentals expand.”

The seller was represented by Derek DeLaura of Friedman Real Estate Group, and Provident Bank provided acquisition financing for the transaction.

CoreOne Industrial continues to grow its national platform by targeting well-located industrial assets in markets with strong infrastructure support and durable tenant demand, while executing hands-on operational improvements that drive long-term performance for its investment partners.

About CoreOne Industrial:
CoreOne Industrial LLC is a privately held real estate investment and operating company focused on the acquisition, redevelopment and management of industrial properties across the United States. With over 45 years of combined experience and more than 10 million square feet acquired, developed and managed, the firm emphasizes disciplined asset selection, hands-on operational oversight and long-term value creation for its investors.

Investment Inquiries:

Robert DePiero (201) 739-4529 and Corey Isdaner (917) 242-1899

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