JLL Income Property Trust Buys Louisville Logistics Center for $82M
April 25, 2023 | David Hoffman | GlobeSt.com
JLL Income Property Trust has acquired Louisville Logistics Center, a one-million square foot, newly constructed industrial property in South Louisville, KY. The purchase price was approximately $82 million.
Louisville Logistics Center is leased through 2032 to a global transportation and logistics company. The lease contains 2% annual rent escalations, along with two 10-year renewal options.