Cincinnati is a strong cash-flow market that is a destination for many real estate investors and businesses from around the country. Amazon recently broke ground on a $1.5 billion Prime Air cargo hub at the Cincinnati airport, which will bring 2,900 jobs to the market. The Cincinnati market also tends to be less volatile than markets on the coasts. Less volatility allows us to have more confidence in the accuracy of our pre-acquisition performance projections, and results in less risk during fluctuations in the overall economy.
With each of our co-founders born and raised in Cincinnati, we have the expertise needed to know the ins and outs of the many sub-markets within Cincinnati. By having all of our portfolio in Cincinnati, we are able to be on-site at each of our properties on a regular basis to ensure they are performing the way we expect them to and make any adjustments quickly if needed.