Louisville Logistics Center
Legal trust name JLLX Louisville Logistics Center, DST
Talk to a 1031 specialistData updated Sep 12, 2025
Offering size$88.2M
Asset typeIndustrial
LocationShepherdsville, KY
FinancingLeveraged
Regulation D exemptionRule 506(b)
Sponsor-reported potential 721/UPREIT exitNo
First filedJul 11, 2023
Last filedSep 12, 2025
Minimum$75k
DST interests are illiquid private securities. You may lose some or all of your investment. Distributions, tax treatment, and exit timing are not guaranteed. Review the current Private Placement Memorandum before investing.
Louisville Logistics Center is a Class A industrial distribution facility of roughly one million square feet, built in 2022 with a cross-dock configuration and 40-foot clear heights in the South Louisville, Kentucky submarket. JLL Income Property Trust acquired it in April 2023 for about $82 million and syndicated it as JLLX Louisville Logistics Center, DST, sponsored by JLL Exchange. The building is leased to UPS Supply Chain Solutions through 2032 with 2% annual rent escalations and two 10-year renewal options. The sponsor reported the $88 million DST fully subscribed in December 2023.
100% leased to UPS Supply Chain thru 2032, 2% esc, 2x10yr opts; built 2022, 40ft clear; JLLIPT paid ~$82M 4/2023
1,043,000 SFBased on issuer-filed Form D notices through Sep 12, 2025. Amounts are self-reported, may lag current subscriptions, and do not confirm availability. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Reported sold as a percentage of stated offering amount100.0%
Capital sold, per latest Form D$88,165,296
Remaining amount reported in latest Form D$6,762
Investor count reported in latest Form D84
Stated minimum investment$75,000
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First filedJul 11, 2023
Latest filingSep 12, 2025
Filings tracked6
View filing on SEC EDGARForm D is an issuer notice filing. A filing does not mean the SEC approved, endorsed, or verified the offering.
Offering profile
SEC filings + cited sources
Property and tenant
Louisville Logistics Center is a newly constructed (2022) Class A distribution center of approximately one million square feet featuring a cross-dock configuration and 40-foot clear heights in the South Louisville, Kentucky industrial submarket 21. UPS Supply Chain Solutions occupies the building under a lease running through 2032 with 2% annual rent escalations and two 10-year renewal options; the sponsor's acquisition release described the tenant as a global transportation and logistics company with more than $100 billion in annual revenues and an S&P "A" credit rating 1.
Acquisition and DST structure
JLL Income Property Trust acquired the property on April 25, 2023 for approximately $82 million and subsequently syndicated it into JLLX Louisville Logistics Center, DST under its JLL Exchange platform 1. The sponsor reported the $88 million DST fully subscribed as of December 5, 2023 3. An issuer-filed Form D/A dated September 12, 2025 listed a total offering amount of about $88.17 million with roughly $88.17 million sold as of that filing 4.
Financing
On June 3, 2026, JLL Income Property Trust closed a $49 million mortgage loan secured by Louisville Logistics Center, carrying a five-year term and a fixed interest rate of 5.28%; the loan sits at the parent-REIT level, and the property is the sole DST asset 5.
In the news
Frequently asked questions
Is Louisville Logistics Center currently active?
Louisville Logistics Center is classified by Top1031 as active. “Active” reflects the latest public record and does not confirm that interests remain available.
Where does Top1031 get the data for Louisville Logistics Center?
Top1031 tracks this offering from SEC Form D filings and cited sponsor disclosures. Filing data may lag current subscriptions and does not mean the SEC approved or verified the offering.