Family-owned Ohio 3PL buys Toledo-area warehouse operation and its building

What happened

On September 8, 2026, Spartan Logistics announced the acquisition of Allen Logistics, a warehousing company supporting customers in Whitehouse, Ohio. The acquisition became effective on September 1, 2026 and adds 100,000 square feet of warehousing capacity to Spartan's existing Toledo operations, making it the company's seventh warehouse operation in Northwest Ohio. The transaction included the real estate at 6245 Industrial Drive in Whitehouse and was brokered in an off-market deal by NAI Harmon Group. Financial terms were not disclosed. Spartan said it was proud to work with the Southward family on a transition to their next chapter.

The buyer

Spartan Logistics is a family-owned third-party logistics company founded in 1988 and headquartered in Columbus, Ohio, specializing in warehousing, transportation and logistics solutions. The company said Northwest Ohio has been an important part of its network and long-term growth strategy. Steve Harmon, chief executive of Spartan Logistics, said of the deal: "This transaction is a perfect fit given our commitment to Northwest Ohio."

Why buyers want businesses like this

Warehousing acquirers tend to buy density. An extra site in a market where a buyer already operates lets it move inventory between buildings, share labor and pitch customers a regional footprint rather than a single building. Where the operating business and the property are held together, a buyer can acquire both in one negotiation, which is often simpler than agreeing a long lease with a departing owner.

What it means if you own a similar business

If you own both your warehouse operation and the building it sits in, you are really selling two assets, and they do not have to go to the same buyer or on the same terms. Deciding in advance whether you want to keep the property and lease it back is one of the larger decisions in a sale of this kind.

Read more in our guide to asset vs stock sale.

Source: Spartan Logistics, September 8, 2026

Summary of a public announcement; ExitBuy Co. was not involved in this transaction. General information only, not investment, legal or tax advice.