Jones Lang LaSalle Inc. $(JLL)$ has arranged the $55.8 million sale of the Blankenbaker Station Portfolio, a 390,000-square-foot industrial development in Louisville's East submarket. The portfolio consists of two newly constructed Class A distribution buildings located at 13101 and 13051 Plantside Drive within the Blankenbaker Station business park. JLL represented sellers Washington Capital Management and Roebling Development in the transaction, with EQT Real Estate acquiring the fully leased assets. Building I, at 240,000 square feet, serves as Packsize International's Innovation Center, while Building II, at 150,000 square feet, operates as a sub-same-day delivery facility.
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