JLL Capital Markets has successfully arranged the sale of a 250,541-square-foot, Class A logistics facility located at Durham 85 in Durham, North Carolina. The state-of-the-art facility, completed in 2024 and fully leased to LifeScience Logistics, LLC, was sold by a joint venture between Scannell Properties and Manulife Investment Management to EastGroup Properties. This logistics center is strategically positioned near Interstate 85, providing excellent access to the Raleigh-Durham region and beyond. The JLL Capital Markets team, led by Senior Director Dave Andrews and others, facilitated the transaction, highlighting the quality and strategic importance of the project.
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