LOUISVILLE, Ky. — Brennan Investment Group has acquired 16 acres of land at 5710 Cane Run Road in Louisville, located in one of Louisville’s most established industrial parks, Riverport. The plan is to develop a state-of-the-art logistics building totaling approximately 243,613 s.f.
The Louisville Riverport Authority has been a centerpiece of economic growth and development in Louisville for the past 30 years. Riverport is home to 120 companies that employ more than 6,500 people – businesses engaged primarily in manufacturing or logistics and distribution, including Honeywell Logistics, Balfour Co., Coca-Cola Consolidated, Atlas Machine & Supply, Interpolymer Corp., Kentucky Trailer and Zeon Chemicals. It has over 2,000 acres of land used for industrial and commercial development.
Riverport’s fully developed transportation facilities complement Louisville’s central location to make it one of the most accessible industrial parks in the nation. The port includes a cargo dock, a barge fleeting area and ground storage. It has rail service by CSX, Norfolk Southern, and Paducah & Louisville.
The Brennan Investment Group property is adjacent to the Greenbelt Highway in Riverport. The new development is designed for two tenants but can accommodate a single-tenant user, offering ultimate flexibility during the lease-up period.
“The Louisville Industrial market has seen robust activity over the past few years. Riverport is one of the top industrial locations within Louisville and companies that reside here can reach most of their customers within a day’s drive or by overnight flights out of UPS Worldport,” said Doug Lance, vice president of Brennan Investment Group’s Ohio Valley region. “We are scheduled for a Q4 2022 delivery.”
Brennan Investment Group is a private real estate investment firm that acquires, develops and operates industrial facilities throughout the United States. Since 2010, the company has acquired over $4 billion in industrial real estate. The company’s current portfolio spans 29 states and encompasses 44 million s.f.
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