Press Release: Standard Textile Enters into Agreement with Al. Neyer to Construct 587,000 sf Distribution Center in Northern Kentucky

CINCINNATI (February 3, 2020) – Standard Textile Co., Inc., a global leader in the hospitality and healthcare textile markets, announces it has entered into an agreement with commercial real estate developer and design-builder Al. Neyer to begin construction of a distribution center in Hebron, Kentucky.

The distribution center will service institutional customers located in the Midwest and Northeast regions as well as service its growing online retail business in North America. An Outlet Store is also included in the design and will be open to the public. Space will also be available for sublease.

“The company’s decision to build a new distribution center supports our long-term growth strategy,” said Gary Heiman, President & CEO of Standard Textile. “We expect this new facility will enhance our supply chain efficiencies and provide convenient access to our new Outlet Store.”

“We are thrilled to partner with an outstanding company like Standard Textile to help support their plans for long term growth,” said Ryan Reardon, Vice President of Real Estate Development with Al. Neyer. “We feel a strong connection to Northern Kentucky and are excited to deliver another first class industrial building to help meet the strong demand in the airport submarket.”

Standard Textile currently operates a 453,320 square-feet distribution center at 2250 Progress Drive in Hebron, Kentucky and plans to transition all operations to the new facility. The company has been piloting an Outlet Store at its current location and has experienced increasing demand for its premium bedding, bath, and home textile products.

Construction of the 585,792 square-feet distribution facility is planned to begin in February 2020 with the facility expected to be operational by February 2021. Standard Textile will occupy 438,638 square feet of the space with the remaining 147,154 square feet available for lease.

The new distribution facility will be located at the corner of Riverview Drive and Petersburg Road in Hebron, Kentucky.

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About Standard Textile
Founded in 1940, Standard Textile has developed a culture of innovation, quality, and service. With more than 80 patents, its products are engineered to deliver durability,
longevity, and value. A vertically integrated company, Standard Textile is a leading global provider of total solutions in the institutional textiles and apparel markets.
Leveraging textile design, manufacturing, and laundry expertise, and its global infrastructure, this company serves customers in the healthcare, hospitality, interiors, workwear, and consumer markets worldwide.

About Al. Neyer
For over 125 years, Al. Neyer has offered a full-range of real estate development and design-build construction solutions for commercial clients. Established in 1894 and employee-owned since 2014, the company specializes in urban mixed-use developments and build-to-suit commercial spaces, including medical office buildings and industrial facilities. Al. Neyer is continually recognized for its ability to collaborate and provide greater value, high-quality and faster project delivery. Al. Neyer is headquartered in Cincinnati, has offices in Pittsburgh and Nashville, and serves a local, regional and national client base. More information about the company can be found at http://www.neyer.com.