Olympus Ventures Acquires Kentucky Turnpike Logistics Portfolio For $90 Million Loan From EQT Real Estate
3530 Preston Highway
$90,000,000
$60/SF
Building Size
1,498,653 SF
Asset Type
Industrial
Closing
Mar 30, 2026
AI
The property involved in this transaction is a Class A industrial complex located at 3530 Preston Highway in Shepherdsville, KY, encompassing a total square footage of 1,498,653. The acquisition financing for this property amounted to $90,000,000, arranged specifically for the purchase of the Kentucky Turnpike Logistics Portfolio.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $90,000,000
- Loan Type: Acquisition
- Address: 3530 Preston Highway
- Market: Shepherdsville, KY
- Lender: EQT Real Estate
- Landlord: Olympus Ventures
- Brokers: Lucas Borges, Brian Walsh, Christian Johnston & Emma Berner - JLL
JLL Capital Markets played a key role in this transaction by arranging the $90M financing through Pacific Life for Olympus Ventures, facilitating their acquisition of the two-building industrial complex in Kentucky.
Players
Shepherdsville Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.18%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93