Jones Lang LaSalle Inc.
11/06/2025 | Press release | Distributed by Public on 11/06/2025 11:09
JLL completes sale of LBA Logistics’ industrial portfolio located across seven markets
CHICAGO, Nov. 6, 2025 - JLL Capital Markets announced today the sale of LBA Logistics' seven-property industrial portfolio across Southeast, Midwest and Chicago markets. The disposition involved two separate transactions, with MDH Partners acquiring a six-asset Central-Sunbelt portfolio and Venture One purchasing a Chicago-area cold storage facility.
The Central-Sunbelt collection encompasses nearly 1.5 million square feet across Jacksonville, Atlanta, Broward County, Columbus, Louisville and Cincinnati. The six-asset portfolio is fully leased, with entrenched, invested tenants spanning pharmaceutical, aerospace, food and beverage and household products sectors. The diversified portfolio's assets average 245,930 square feet with 33-foot clear heights, offering strategic proximity to critical logistics infrastructure, major international airports and rail terminals.
In a separate transaction, the 77,838-square-foot cold storage facility at 601 Wall Street in Glendale Heights sold to Venture One. The specialized facility features approximately 38,000 square feet of freezer space and serves as a distribution hub for KeHE Distributors, one of the nation's largest natural and specialty food distributors. The property represents rare infill cold storage capacity within the Chicago metropolitan area's constrained North DuPage submarket.
The JLL Capital Markets team representing the LBA Logistics was led by John Huguenard and Trent Agnew, Senior Managing Directors and Industrial Platform Co-Leads.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients - whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm 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
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 WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
About LBA Logistics
LBA Realty | LBA Logistics ("LBA") is a full-service, vertically integrated real estate investment and management company headquartered in Irvine, California, U.S. with a diverse portfolio of industrial and office properties in major markets throughout the U.S. and U.K. LBA was founded in 1991 and is a privately held company with 255 global team members. LBA invests via closed-end real estate investment funds and joint venture partnerships on behalf of institutional investors including leading pensions funds, endowments, foundations, and foreign investors. LBA Logistics, the industrial operating arm of LBA Realty, operates a portfolio of industrial properties that total approximately 106M SF and is comprised of over 400 properties. LBA expanded to Europe in 2023 and is currently growing its U.K. logistics and industrial investment team and portfolio.
About MDH Partners
MDH Partners is an Atlanta-based real estate investment company managing its discretionary funds targeting industrial real estate across the United States on behalf of its institutional investors. Founded in 2005 as the successor to a fifty-year-old local real estate development company, MDH Partners has led and/or participated in over $7 billion (92 million square feet) of acquisitions, developments, and asset management as an advisor and investor. For more information, visit https://www.mdhpartners.com.
About Venture One
Venture One Real Estate is a vertically integrated private equity fund manager, developer, and operating company specializing in the industrial property sector. Headquartered in Chicago, the firm targets opportunities throughout the greater Chicago, Northeast, and Florida markets. Venture One manages a series of discretionary, value-add investment funds focused on acquiring existing, infill industrial properties and develops state-of-the-art facilities from the ground up with select, trusted partners.
Jones Lang LaSalle Inc. published this content on November 06, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on November 06, 2025 at 17:10 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]