May 1, 2023
JLL Income Property Trust Buys Louisville Logistics Center for $82M
JLL Income Property Trust has acquired Louisville Logistics Center, a one-million square foot, newly constructed industrial...

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.

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