CHICAGO, Jan. 7, 2026 –  JLL Capital Markets announced today the sale of the Kentucky Turnpike Logistics Portfolio, a two-building Class A industrial complex totaling 1,498,654 square feet in Shepherdsville, Kentucky.

JLL represented the seller, EQT Real Estate, in the transaction. Olympus Ventures acquired the asset.

The fully leased portfolio consists of Derby Logistics Building 1, a 524,604-square-foot cross-dock facility, and Derby Logistics Building 2, a 974,049-square-foot distribution center. Both buildings were delivered as speculative developments in 2022 and feature modern logistics specifications including 36-foot and 40-foot clear heights, respectively, extensive trailer parking areas and fully circulating truck courts with 190-foot depths.

The facilities are strategically positioned on Preston Highway with direct access to Interstate 65, placing them within a 20-minute drive of Louisville International Airport and the UPS Worldport facility. Located in Bullitt County's premier industrial corridor, the properties benefit from access to a substantial blue-collar workforce, with 34.6% of the 10-mile radius population employed in blue-collar occupations. The submarket has attracted major distribution users, establishing the area as Louisville's primary big-box industrial destination.

The JLL Capital Markets team was led by Senior Managing Director and Industrial Group Co-Lead John Huguenard, Senior Managing Director Sean Devaney and Director Will McCormack.

"Louisville's position as a central distribution hub continues to drive investor interest, particularly in supply-constrained submarkets like Bullitt County," said Huguenard. "These Class A distribution facilities offer buyers immediate cash flow stability through creditworthy tenants while providing upside through below-market rents and Louisville's exceptional logistics fundamentals."

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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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 113,000 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 WAY^SM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com. 

EQT is a purpose-driven global investment organization with EUR 267 billion in total assets under management (EUR 139 billion in fee-generating assets under management) as of 30 September 2025, divided into two business segments: Private Capital and Real Assets. EQT supports its global portfolio companies and assets in achieving sustainable growth, operational excellence, and market leadership. Within EQT’s Real Assets segment, EQT Real Estate acquires, develops, leases, and manages logistics and residential properties in the Americas, Europe, and Asia. EQT Real Estate manages about $58 billion in GAV, owns and operates over 2,000 properties and 400 million square feet, with over 400 experienced professionals across 50 locations globally. 

More info: www.eqtgroup.com
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Established in 2000, Olympus Ventures is the family office for Richard M. Schulze, the founder of Best Buy.  With offices in Minnesota and Florida, the company maintains a full-service platform with in-house capabilities across acquisitions, asset management, capital markets, and development with a proven 25-year track record in real estate investment.  The real estate portfolio spans across the US in multiple asset classes with major asset concentrations including industrial, multifamily, medical outpatient buildings, and self-storage.