LOUISVILLE, KY. — JLL Capital Markets has arranged the $55.8 million sale of a two-building, 390,000-square-foot industrial portfolio situated within the Blankenbaker Station Business Park in eastern Louisville. Ed Halaburt, Ross Bratcher, John Huguenard, Sean Devaney, Kurt Sarbaugh and Will McCormack of JLL represented the sellers, Washington Capital Management and Roebling Development, in the transaction. EQT Real Estate was the buyer.
The first building serves as Packsize International’s Innovation Center, which spans 240,000 square feet and features specialized manufacturing capabilities, including two production lines supported by 3.3-ton cranes and office space. The second building, which totals 150,000 square feet, houses a same-day delivery facility for Packsize — one of roughly 50 locations across North America. The facility features full air conditioning, seven box-in-box coolers to support grocery operations and robotics systems for automated sortation and fulfillment processes.
Both buildings have 32-foot clear heights, fully circulating truck courts, ample trailer parking and rear-loading configurations.