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“JLL Facilitates Sale of 244K-SF Louisville Logistics Center”

"JLL Facilitates Sale of 244K-SF Louisville Logistics Center"

JLL recently finalized the sale of Louisville Logistics Center, a top-of-the-line 243,613-square-foot distribution facility situated in the sought-after Louisville Riverport submarket. The property boasts Class A features and is fully occupied by a single tenant with four years remaining on their lease. This mission-critical logistics center is located in the competitive industrial market of Louisville.

The seller, Oaktree Capital Management, was represented by JLL’s expert team of brokers including Ed Halaburt, Ross Bratcher and John Huguenard. TradeLane Properties served as the buyer for this transaction.

Situated at 820 Brooks Hill Road in Hillview, Kentucky and constructed in 2022 with cutting-edge amenities such as 40-foot clear heights , JLL Income Property Trust acquired this premier property for approximately $82 million. Additionally , due to its strategic location near major air and ground distribution hubs for UPS , Louisville offers an ideal setting for businesses looking to establish themselves within these industries.

This recent news about JLL successfully brokering the sale of a prominent industrial asset highlights their expertise within this sector .

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