CELINA — L & L Distribution, Inc. is announcing the sale of their
106,000 square feet warehouse and warehousing operations to Robinson
Investments of Bellefontaine, a family-owned company. The building has
been there since 1976. The new owners specialize in third partly
logistics services in the mid-west region, and Robinson Investments is
currently constructing a 100,000 square foot speculative warehouse in
Van Wert.
Future plans for the company include expanding the
building on the 10-acre site and continuing the 3rd party logistics
operations, according to Jason Black, Vice President with Robinson
Investments. Black commented “Due to Celina being in between their major
operations in Findlay, Van Wert, Lima and Bellefontaine, this building
fit perfectly between the path of their operations.”
Randy Leistner
has worked full-time for L & L since he was 18 years old. His past
customers include Huffy Bicycle, Reynolds and Reynolds, and Cargill. He
commented that the sale of the property will allow him to retire and
pass the baton to the Robinson family. Previously the operation was
known as Celina Moving and Storage, and Randy’s parents, Gordon and
Bonnie Leistner started the operation in 1960. In 1976 they built 67,000
square feet of the warehouse, adding an additional 39,000 feet in 1993.
Tim Echemann, who brokered the transaction for Randy Leistner,
commented “the timing of the transaction was perfect for both parties
because of Randy’s desire to retire and the purchasers desire for
expansion.” Tim Echemann is a broker at Industrial Property Brokers, a firm out of Piqua.
Jason Black also states, “The Leistner
family did a great job servicing clients over 60 years in the Celina
area and taking great care of the warehouse grounds. The acquisition fit
well into the retirement plans for Randy. We are also hiring all of
Randy’s employees.” Black noted that “Randy [Leistner] took really good
care of the building and created a tremendous amount of “good will” in
the Celina business community.” Future plans include further expansion
of the business and leasing of the vacant 30,000 square feet. of 30’
clear height warehouse space.
The company chose the Celina
location because it fit perfectly into their footprint in western and
central Ohio. Their current warehousing locations are in Van Wert,
Bellefontaine, Lima and Findlay, and the firm plans new construction in
those communities.