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JLL Brokers $56M Sale of Louisville Industrial Development

JLL completed the $55.8 million sale of Blankenbaker Station Portfolio, a two-building, 390,000-square-foot industrial development in Louisville’s East submarket.

JLL represented the sellers, Washington Capital Management, on behalf of its clients, and Roebling Development, in the transaction. EQT Real Estate acquired the asset. The fully leased portfolio comprises two newly constructed distribution buildings located at 13101 and 13051 Plantside Drive within Blankenbaker Station, a mixed-use business park in eastern Louisville.

The JLL Capital Markets team was led by Managing Director Ed Halaburt and Senior Director Ross Bratcher, along with Senior Managing Directors John Huguenard and Sean Devaney, Managing Director Kurt Sarbaugh and Director Will McCormack.

Building I encompasses 240,000 square feet and serves as Packsize International’s Innovation Center, featuring specialized manufacturing capabilities including two production lines supported by 3.3-ton cranes and high-quality office space. Building II spans 150,000 square feet and houses a state-of-the-art sub-same-day delivery facility, one of only approximately 50 such locations across North America.

Don’t miss Carter Andrus, Chief Operating Officer of Prologis, as the keynote interview at Connect Industrial Midwest— taking place Tuesday afternoon, March 10, 2026, at Joe’s Live in Rosemont, IL.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.

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