Expanding into Northern Kentucky Henkle Schueler purchased a 130-acre industrial park in Boone County, Ky. in August. The Lebanon, Ohio-based, real estate company plans to create 20 lots for new manufacturing facilities at their first Northern Kentucky project.
"The site has all utilities located in the fastest-growing county in Kentucky with very low tax rates to encourage business development,” said Jeff Eichhorn, the Henkle Schueler agent who managed the acquisition. “We look forward to partnering with Boone County and the Tri-County Economic Development Commission (Tri-ED) to bring new industrial businesses to Northern Kentucky.”
The park will be known as Lakeland Business Center, named for investor Lakeland Farms, LLC, who partnered with Henkle Schueler in the purchase. Situated between I-71, I-75 and I-275, it’s one of only a few Boone County industrial sites with zoning completed, and gas, electric, and water already accessible. Cincinnati/Northern Kentucky International Airport is Lakeland’s eastern neighbor, providing businesses with an advantageous location.
Low local tax rates provide an additional advantage. Dan Tobergte, president and CEO of Northern Kentucky Tri-ED, extends a warm welcome to Henkle Schueler. “We look forward to more businesses and jobs [for] Boone County.”
Writer: Elena Stevenson
Source: Northern Kentucky Tri-County Economic Development Commission (Tri-ED)
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