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

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.