JLL arranges the sale of Class A logistics facility in Raleigh-Durham market
Authors
Grace Lewis
Key Takeaways
• JLL Capital Markets announced the sale of a 550,992-square-foot Class A logistics facility in Youngsville, North Carolina
• Summit Real Estate Group sold the mission-critical distribution center, which is fully leased to a global investment-grade tenant
• The property serves as a dedicated warehousing hub, which supports the tenant's production operations in North Raleigh
CHARLOTTE, N.C., Oct. 5, 2026 – JLL Capital Markets announced today the sale of a 550,992-square-foot Class A logistics facility located at 2545 Innovation Loop in Youngsville, North Carolina.
JLL represented the seller, Summit Real Estate Group, in the transaction. The property was acquired by Link Logistics, a leading owner and operator of last-mile industrial real estate.
Completed in 2026, the state-of-the-art logistics facility is 100% occupied by a global investment-grade tenant. The property functions as a dedicated warehousing and distribution center supporting the global investment grade tenant’s North Raleigh production operations, and serves as an integral component of the company's regional supply chain network. The facility features tilt-up concrete construction, a cross-dock configuration, 40-foot clear heights, ESFR fire suppression systems, LED lighting, full-building climate control and significant loading capabilities designed to accommodate modern distribution requirements.
The JLL Capital Markets team was led by Senior Managing Director Pete Pittroff and Senior Director Dave Andrews, along with Director Michael Scarnato.
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.
For more news, videos and research resources, please visit JLL’s newsroom.
About JLL
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.
About Summit Real Estate Group
Summit Real Estate Group is a vertically integrated investment, development, and asset management platform specializing in industrial real estate. With a dedicated team of 27 professionals, Summit has extensive expertise in industrial land sourcing, entitlement, design and construction, finance, leasing, asset and property management, and investment sales. Summit was founded in 1995, and is currently developing over 6 million square feet of industrial properties in high-growth markets across the United States.