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3530 Preston Highway

Olympus Ventures Acquires Kentucky Turnpike Logistics Portfolio For $90 Million Loan From EQT Real Estate
FINANCEDIndustrial

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:

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

Lucas Borges

JLL

Broker

$998.6M

vol

10 deals

Broker
EE
EQT Real EstateLender

Shepherdsville Industrial Market Snapshot

Boundary boundary · Industrial · Loan transactions

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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