Industrial

Louisville Airport Distribution Center

Louisville, KY

Acquired June 2021

At a Glance

Newly constructed, fully leased Class A warehouse totaling 284,000 square feet located in Louisville’s top industrial submarket.

Investment Rationale

  • The Louisville industrial market benefits from its central location near irreplaceable transportation infrastructure and a vacancy rate of just 1.1% for larger buildings in the Southside/Airport submarket.

  • The property is 100% leased to two tenants with weighted average lease term over five years.

  • The building has all the modern amenities of a Class A industrial building, including 36-foot clear heights, dock doors and levelers, LED lighting, and HVAC throughout.

  • The distribution center aligns well with JLL Income Property Trust’s goal to increase our allocation to high-quality, state-of-the-art industrial warehouses in select, primary transportation hubs.

Property Gallery

Location

Louisville Airport Distribution Center Map 2 01