“1M-SF Louisville MSA Property Sold by Colliers”

The sale of the I-64 Commerce Center in Louisville, Kentucky’s logistics market has been successfully completed by Colliers. The property spans 1,052,831 square feet and is currently fully leased to Canadian Solar – a leading company in solar and renewable energy. Facilitating the transaction on behalf of Flint Development (a commercial real estate firm specializing in industrial and multifamily projects across the U.S.) was Colliers’ Midwest Investment Services Team led by Alex Cantu, Alex Davenport, Jeff Devine, and Steven Disse.

W.P. Carey acquired this facility located at 139 Logistics Drive in Shelbyville from Flint Development. This distribution center serves as an important location for Canadian Solar’s new $800 million manufacturing plant situated nearby Jeffersonville Indiana.

Constructed recently in 2023 with state-of-the-art features such as a cross-dock design with a clear height of 40′, ESFR sprinkling system installed throughout its premises; it also boasts ample parking space including 348 auto spaces along with an additional capacity for up to230 trailers parked simultaneously while maintaining smooth circulation within its vicinity.

Canadian Solar plans to invest approximately $500 million into this facility which will serve as their primary battery assembly unit within United States territory.

Colliers has successfully concluded the sale of I-64 Commerce Center located in Louisville’s logistics market area. The property covers over one million square feet and is currently occupied by Canadian Solar – a renowned player in solar energy solutions. Leading this transaction on behalf of seller Flint Development was Colliers’ Midwest Investment Services Team comprising Alex Cantu,Alex Davenport ,Jeff Devine,and Steven Disse .

Flint development,a commercial real estate enterprise that specializesin industrialand multifamily projects across America,soldthe assetto W.P.Carey . Located at139 Logistics Drivein Shelbyville,Kentucky,this distribution hub caters toCanadianSolar’snewly established$800millionmanufacturingplant in Jeffersonville,Indiana.

The state-of-the-art facility was built in 2023 and features a cross-dock design with a clear height of 40 feet. It also boasts an ESFR sprinkler system, ample parking space for348 cars,and230 trailers along with smooth circulation within the premises. Canadian Solar plans to invest up to $500 million into this site which will serve as their primary battery assembly unit in the United States.