Colliers closes sale of 302,400-square-foot industrial facility in Shelbyville

Colliers Negotiates Sale of 302,400 SF Industrial Facility in Shelbyville, Kentucky

SHELBYVILLE, KY. — Colliers has negotiated the sale of a 302,400-square-foot industrial facility located at 530 Logistics Drive in Shelbyville, a suburb roughly 30 miles east of Louisville. Alex Cantu, Alex Davenport, Jeff Devine, Steve Disse and Tyler Ziebel of Colliers, along with Doug Butcher and Alex Grove of CBRE, represented the seller, Gray Development, in the transaction. Elmtree Funds purchased the facility, named Gray Industrial Center…

Colliers closes sale of 302,400-square-foot industrial facility in Shelbyville

Colliers brokered the sale of Gray Industrial Center Building 2, a newly completed 302,400-square-foot Class-A industrial facility at 530 Logistics Drive in Shelbyville, Kentucky, approximately 30 miles east of Louisville. The build-to-suit distribution facility is fully leased to Kuehne+Nagel, a global logistics provider. Colliers Industrial Capital Markets advisors Alex Cantu, Alex Davenport, Jeff Devine, Steve Disse and Tyler Ziebel, together…