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SHEPHERDSVILLE, KY. — Indianapolis based-Lauth Property Group has broken ground on a speculative 936,000-square-foot bulk warehouse at Saltwater Business Park II in Shepherdsville. The Class A, master-planned park is located on Interstate 65, 16 miles south of the Louisville International Airport and UPS Worldport, the third largest air-cargo hub in the country. Commercial Kentucky, an alliance partner of Cushman & Wakefield, is representing Lauth on the leasing of the building. The project is scheduled for completion in the third quarter of 2008.