JLL Capital Markets secures sales of Class A industrial facility with investment-grade tenant and strategic location in beauty and personal care hub
News release
13 August 2025
Amcor manufacturing facility sells for $25.4M in New Albany, OH
CHICAGO, Aug. 13, 2025 – JLL Capital Markets announced today the $25.4 million sale of a 201,810-square-foot, single-tenant industrial facility fully leased to Amcor Rigid Packaging USA, LLC, in New Albany, Ohio.
JLL represented the seller, Livingston Street Capital LLC, in the sale to Craig M. Clausen Trust.
Built in 2012 and expanded in 2018, the state-of-the-art asset features 30-foot clear heights, 12 dock-high doors with levelers, and 4,000-amp three-phase power. This Amcor facility in New Albany, Ohio is one of only three North American locations housing all three key processing capabilities (injection stretch blow molding, precision injection molding and assembly) for manufacturing PET and polyethylene packaging with significant equipment infrastructure.
The Class A distribution and manufacturing facility is located at 8865 Smith's Mill Rd. North within New Albany's premier Personal Care and Beauty Campus, a 400-acre manufacturing cluster known as the "Silicon Valley of Personal Care and Beauty Manufacturing."
The JLL Capital Markets team was led by Senior Managing Director Brian Shanfeld, Managing Directors Jason DeWitt and Ed Halaburt and Associate Eric Osika.
"Investors were drawn to this opportunity because it offers the rare combination of credit tenancy, mission-critical operations and location within one of America's fastest-growing manufacturing clusters," said Shanfeld. "The property's strategic position within New Albany's Beauty Park, which has attracted over $36 billion in corporate investment, makes this an exceptional long-term industrial asset."
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
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About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 112,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
About Livingston Street Capital, LLC
Livingston Street Capital, LLC, is a private boutique equity and debt focused investment firm established in 2016 with a situationally opportunistic approach to real estate investing. The company’s current investment programs span core, core plus and value add return profiles as well as multiple preferred equity investments in the multifamily sector. The company has more than $1 billion in assets under management as well as an integrated property management company. Livingston Street Capital’s existing portfolio focuses on active adult, independent living, and traditional multifamily properties. It occasionally pursues investments in long term net lease industrial and medical office properties as well. The company has a national footprint owning and operating in more than twelve states.