EQT Real Estate Acquires Industrial Portfolio In Louisville From Washington Capital Management For $55.8M

The industrial asset at 13101 & 13051 Plantside Drive in Louisville, KY, was sold for $55,800,000. This property encompasses 390,000 square feet with a sale price per square foot of $143. The two buildings, which opened in 2024, are fully leased and include features like 32-foot clear heights and multiple dock and drive-in doors.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $55,800,000
• Square Footage: 390,000
• Sale Price per Square Foot: $143
• Buyer: EQT Real Estate
• Seller: Washington Capital Management Inc.

EQT Real Estate acquired the fully leased Blankenbaker Station Portfolio, with Amazon occupying 150,000 square feet for logistics. The advanced safety systems were a notable feature of the property, alongside its strategic design tailored for logistical operations.