facebook
Traded Co logo
Submit
Daily limit: 0/10

LaSalle Investment Management Acquires Bullitt II Logistics Center From Core5 Industrial Partners For $50M

Property Image
SOLD
$50,000,000

Kentucky

See Similar Deals
Industrial436,716 SF
Sold 01/30/2026
the dealdetailscomps
Property Image
SOLD

LaSalle Investment Management Acquires Bullitt II Logistics Center From Core5 Industrial Partners For $50M

251 Buffalo Run Road

See Similar Deals
Industrial436,716 SF
Sold 01/30/2026
the dealdetailscomps

Summary

KENTUCKY
Asset Type:Industrial
Price Per Square Foot:$114
Total Square Footage:436,716 SF
Transaction Type:Sale

The property located at 251 Buffalo Run Road in Louisville, KY, is an industrial asset that was sold for $50,000,000. Covering a total area of 436,716 square feet, this property was constructed in 2022. It is fully leased to Dorman Products and features 36-foot clear heights, 50 dock doors, and 14,000 square feet of office space.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $50,000,000
  • Address: 251 Buffalo Run Road
  • Market: Louisville, KY
  • Square Footage: 436,716 SF
  • Price Per Square Foot: $114
  • Buyer: LaSalle Investment Management
  • Seller: Core5 Industrial Partners
  • Broker: JLL

LaSalle Investment Management represented by JLL successfully acquired the industrial property known as Bullitt II Logistics Center from Core5 Industrial Partners. This transaction highlights the engagement of key players in the industrial real estate market within Kentucky.

Players

JLL
JLL
BROKERAGE
LaSalle Investment Management
LaSalle Investment Management
BUYER
CP
Core5 Industrial Partners
SELLER

Details

SOLD
IMAGE: 01/30/2026 ADDRESS: 251 Buffalo Run Road MARKET: Louisville, KY ASSET TYPE: Industrial BUYER: LaSalle Investment Management SELLER: Core5 Industrial Partners BROKER: JLL SALE PRICE: $50,000,000 SF: 436,716 ~ PPSF: $114 NOTE: LaSalle Investment Management acquired Bullitt II Logistics Center in Shepherdsville, KY, for $50M ($114.49/SF), from Core5 Industrial Partners. The 436,716 SF property, built in 2022, is fully leased to Dorman Products and features 36-foot clear heights, 50 dock doors, and 14,000 SF of office space.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$2,666,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$177,639.45
Cash-on-Cash Return-1.27%
Monthly Debt Service$237,025.51
Annual Debt Service$2,844,306.11