Albany Road Real Estate Partners Acquires Office Property In Louisville, KY For $42.5M

Albany Road Real Estate Partners Fund III has acquired an office property located at 9300 Shelbyville Rd in Louisville, KY. The property spans 343,835 square feet and was sold for $42,500,000, resulting in a price per square foot of $124. Craig Collins, Austin English, and Cody Hundertmark from Cushman & Wakefield represented the buyer in this transaction.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $42,500,000
• Address: 9300 Shelbyville Rd, Louisville, KY
• Market: Louisville, KY
• Buyer: Albany Road Real Estate Partners Fund III
• Brokers: Craig Collins, Austin English, Cody Hundertmark - Cushman & Wakefield
• SF: 343,835
• PPSF: $124

The buyer, Albany Road Real Estate Partners Fund III, made this significant acquisition with the assistance of their brokers from Cushman & Wakefield, namely Craig Collins, Austin English, and Cody Hundertmark. This transaction highlights the strong real estate activity in the Louisville, KY market.