JLL Income Property Trust Inc. has paid $39.5 million, or $120.80/sf, for South Louisville Distribution Center, a 327,000-square-foot industrial property in Shepherdsville, Ky. The Chicago REIT, whose shares do not trade on any exchange, purchased the property from its developer, Core5 Industrial Partners of Atlanta. The property, at 825 Conestoga Parkway, opened last August and […]

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