JLL arranges sale of Crossroads Logistics Park in Spartanburg, South Carolina

CHARLOTTE, Aug. 25, 2026 – JLL Capital Markets announced today it has arranged the sale of Crossroads Logistics Park, a three-building, 814,320-square-foot Class A logistics park in Spartanburg, South Carolina.

JLL represented the seller, Brennan Investment Group and Grandview Partners, in the transaction. Invesco Real Estate acquired the asset.

Crossroads Logistics Park represents a premier institutional-quality industrial property strategically positioned within South Carolina's thriving Upstate logistics corridor. Located near the intersection of Interstate 85 and Interstate 26, Crossroads Logistics Park serves one of the Southeast’s premier logistics and manufacturing corridors. The park benefits from immediate access to the South Carolina Inland Port, the region’s extensive transportation infrastructure, and the nearby BMW Manufacturing campus, one of the largest automotive production facilities in North America.

The project sits within a four-hour drive radius covering more than 18.7 million consumers and lies less than 10 miles from Greenville-Spartanburg International airport and less than 90 miles from Charlotte Douglas International Airport, the sixth-busiest airport in the United States.

Through the course of the marketing process, the project leased its final suite and reached 100% stabilization, which highlights the continued strength of the Greenville–Spartanburg industrial market. Greenville-Spartanburg remains one of the most active logistics and manufacturing hubs in the Southeastern United States.

The project is leased to a diversified, credit-worthy tenant roster including a Tier I supplier to major automotive manufacturers, a global leader in electrical infrastructure and switchgear manufacturing, a major building supply manufacturer and distributor, logistics providers and consumer products manufacturers, with an average remaining lease term exceeding five years.

The JLL Capital Markets team was led by Senior Director Dave Andrews, Senior Managing Director Pete Pittroff, SIOR, and Director Michael Scarnato, with analytical support from Associate Michael Lewis and Analyst Jack Barnes.

JLL’s Capital Markets group is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. The group has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 112,000 as of June 30, 2026. For over 200 years, clients have trusted JLL, a Fortune 500^® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. 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 WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.

Brennan Investment Group, a Chicago-based private real estate investment firm, acquires, develops, and operates industrial properties in select major metropolitan markets throughout the United States. Since 2010, Brennan Investment Group has acquired or developed $6.5 billion in industrial real estate in 30 states. The company's current portfolio spans 30 states and encompasses approximately 58 million square feet.

Brennan Investment Group co-invests with private and institutional capital to achieve outstanding risk-adjusted returns. The company has 18 regional offices throughout the United States, and the firm's management team is among the most accomplished in its industry, having invested in over 5,000 properties covering more than 60 cities throughout the United States, Canada, and Europe.

For more information on Brennan Investment Group, go to brennanllc.com.

Grandview Property Partners, LLC (“Grandview”) is a real estate investment manager wholly owned by Artisan Partners Asset Management, Inc. The firm is led by a seasoned, cycle-tested team with decades of collaborative experience across the acquisition, management, development, and disposition of all real estate asset types. Grandview’s internal expertise—defined by continuity, discipline, and deep market knowledge—is complemented by longstanding relationships with operating partners, developers, advisors, and lenders nationwide, providing access to proprietary deal flow, local intelligence, and capital markets insight that enhance outcomes for investors.

Invesco Real Estate is a global leader in the real estate investment management business with $86.3 billion in real estate assets under management, 596 employees and 21 regional offices across the U.S., Europe and Asia Pacific as of December 31, 2025. With over a 40-year history, Invesco Real Estate, part of Invesco Private Markets, invests across the risk return spectrum, from core to opportunistic; in equity and debt; listed and direct; locally and globally. Invesco Real Estate is a business name of Invesco Advisers, Inc., an indirect, wholly owned subsidiary of Invesco Ltd.