THE WEEKLY REVIEW | May 16, 2025

Keeping up with CRE trends is as easy as 1-2-3 with our weekly piece! The Weekly Review is a new blog series that will be released every Friday. The market is constantly growing and adapting to new ventures and ideas, and our goal is to provide up-to-date information into what is happening in both the Columbus and U.S. markets, as well as the commercial real estate industry as a whole. As stories evolve, the Weekly Review will continue to follow along and update our clients and community.

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1

Retail - Kroger to Invest Early $100 Million in New Columbus-Area Stores, Remodels

“Kroger is investing at least $97 million in new stores and remodels across its Columbus division in the next two years. Official plans include $64 million to open one new store and remodel 18 locations this year as well as $33 million for a new store opening next year. The highlight is a new $36 million, 123,000-square-foot Kroger Marketplace that will open in Powell later this year. It’s the second net-new store the retailer will open in the market in the past year. It added a location at Jerome Village last fall, which was the first net-new store in Central Ohio since 2009.”

2

Industrial - Coca-Cola Bottler Opens $90 Million Distribution Center at Rickenbacker Industrial Complex

“The largest Coca-Cola bottler in the United States is opening a $90 million distribution center on Columbus' Far South Side. Distributor Coca-Cola Consolidated's new 60-acre campus inside the Rickenbacker Industrial Complex includes a 400,000-square-foot distribution and warehouse facility and two 15,000-square-foot buildings to house equipment repair services and fleet maintenance, the company shared in a news release.”

3

Industrial - Anheuser-Busch to Invest $300M in U.S. Manufacturing, Including $5M for Columbus Facility

“Anheuser-Busch is investing $5 million in its Columbus facility, including a new manufacturing training center. The St. Louis-based brewery Monday said the project is part of more than $300 million in new commitments across the U.S. “As the largest provider of jobs in the American beer industry, we have a responsibility to set the standard for how our industry invests in the future of American manufacturing,” CEO Brendan Whitworth said in a press release. “With today’s announcement, we are using our scale, strategy and capabilities to drive meaningful economic prosperity and opportunities in manufacturing.”